Here comes the fifth set of RMB! Will cash be replaced by mobile payment? On April 29, the central bank announced that the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes and 1 yuan, 5 jiao, 1 jiao coins of the 2019 edition will be issued from August 30, 2019.
Compared with the old version, what are the features of the new version? Li Huifeng, deputy director of the monetary gold and silver Bureau of the people's Bank of China, said on the 29th that on the premise of keeping the main pattern, main tone, specifications and other relevant elements of the current fifth set of RMB unchanged, the new version of RMB adjusted the effect, anti-counterfeiting features and layout of the ticket (currency), adopting advanced anti-counterfeiting technology Counterfeiting technology improves the ability of anti-counterfeiting and printing quality, makes the public and self-service equipment easy to identify, has more beautiful, easy to identify, resistant to circulation and other characteristics.
It is reported that after the issue of the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes and 1 yuan, 5 jiao, 1 jiao coins of the 2019 edition, they will be circulated with the same denomination of RMB. At present, the people's Bank of China has organized financial institutions and cash machine enterprises to prepare for the upgrading of bank cash machines (such as banknote detector) to ensure that the new version of RMB can be recognized by bank cash machines after issuance.
The fifth set of RMB 5 notes in the new edition has not been issued
Public information shows that in October 1999, the central bank issued the fifth set of RMB. In August 2005, in order to improve the anti-counterfeiting technology and printing quality, the people's Bank of China issued the fifth set of RMB coins in 2005. In November 2015, the people's Bank of China issued a new version of 100 yuan banknote, which significantly improved its anti-counterfeiting ability and printing quality. So far, 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes and 1 yuan, 50 Jiao, 1 jiao coins have been in circulation for more than ten years.
In response to the problem of not issuing the fifth set of RMB 5 notes of the 2019 edition, the central bank pointed out on the 29th that the people's Bank of China, while designing and Issuing the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan notes and 1 yuan, 5 jiao, 1 jiao coins of the 2019 edition, is also promoting the research on the promotion of RMB 5 notes.
The central bank said that in recent years, the people's Bank of China has continued to increase the research and development of new currency printing technology. In order to improve the anti-counterfeiting ability and circulation life of RMB, the people's Bank of China currently selects 5 yuan notes with low denomination and small circulation volume for application research of relevant new technology, and its issuance work is arranged separately.
11% reduction in diameter of new 1 yuan coin
The central bank pointed out that compared with the fifth set of RMB 50 yuan, 20 yuan, 10 yuan banknotes in 2005 and the fifth set of RMB 1 yuan banknotes in 1999, the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes in 2019 improved the brightness of the face color and optimized the level and effect of the face structure.
For example, the changes of the new version of 50 yuan banknote include changing the denomination number in the middle of the front to '50', adding dynamic light to the right, hollowing out window safety line and vertical number, etc.
In terms of coins, the fifth set of RMB 1 yuan, 50 cents and 10 cents in the 2019 edition has adjusted the shape of the front denomination number, and the font of the denomination number has been adjusted from serif to sans serif and slightly tilted.
In addition, the diameter of the fifth set of RMB 1 coins in the 2019 edition was adjusted from 25 mm to 22.25 mm. After adjusting the size of 1 yuan coin, the diameter is reduced by 11%, which is convenient for the public to carry and use.
It is worth noting that the material of the fifth set of RMB 50 cents coins in the 2019 edition is changed from the copper plated alloy on the steel core of the fifth set of RMB 50 cents coins in the 1999 edition to nickel plated on the steel core. In answering reporters' questions, the people's Bank of China pointed out that the production process of copper plated alloy with steel core used in the fifth set of RMB 50 cents coins of the 1999 edition belongs to the backward process to be eliminated according to the national industrial policy.
Anti counterfeiting technology and printing quality improvement
The central bank said that on the basis of the current fifth set of anti-counterfeiting technology for RMB notes, 50 yuan, 20 yuan and 10 yuan notes will be added with anti-counterfeiting features such as luster variable denomination number, light variable hollowed out window safety line, magnetic fully buried safety line and vertical number, holographic magnetic window safety line and gravure printing hand feeling line will be cancelled, light variable ink denomination number will be cancelled for 50 yuan notes, and magnetic fully buried safety line will be added for 1 yuan notes And white watermark. In general, the applied anti-counterfeiting technology is more advanced, the layout is more reasonable, and the overall anti-counterfeiting ability is significantly improved compared with the current banknotes.
For example, the fifth set of RMB 50 yuan, 20 yuan and 10 yuan banknotes of the 2019 edition is printed with the variable denomination number of guangguangguang in the middle of the face. The color of the denomination number changes when the viewing angle of the banknote is changed, and a bright band can be seen rolling up and down.
In terms of coins, the fifth set of RMB 1 yuan coins of the 2019 edition keeps the same rolling characters on the outer edge of the fifth set of RMB 1 yuan coins of the 1999 edition, adds invisible graphic features, improves the anti-counterfeiting performance significantly, and makes it easier for the public to identify the authenticity. Among them, in the figure outline of the front denomination of the fifth set of RMB 1 coins in the 2019 edition, there are a group of invisible texts "and" 1 ". By turning the coin, we can see "1" from a certain angle and "1" from another angle.
When can these cash machines be identified?
One of the concerns of the new issue of RMB is when can cash machines such as banknote checking machines in banks and coin and ticket machines in subways be adjusted and upgraded?
The central bank said on the 29th that it has organized financial institutions and cash machine enterprises to carry out preparatory work for upgrading bank cash machines to ensure that the new version of RMB can be recognized by bank cash machines after issuance. After the announcement, the people's Bank of China will start the upgrading of cash machines and tools in use and carry out timely inspection. All cash machines and tools that can not be upgraded and fail to meet the standards will be stopped.
Liu Hao, director of the currency anti-counterfeiting technology department of the monetary gold and silver Bureau of the people's Bank of China, said on the 29th that the people's Bank of China has organized the work related to the improvement of machines and tools, which is progressing smoothly and in line with the set expectations. In other words, when the new version of RMB is officially in circulation on August 30, we can ensure that all the equipment in use by banking financial institutions can effectively identify the new version of RMB. 'he said.
For social commercial cash machines and tools, the central bank will immediately guide the enterprises of social cash machines and tools to participate in the upgrade after the announcement date, publish the list of enterprises with upgrade ability, and guide the users of social machines and tools to contact the enterprises to carry out the upgrade in a timely manner. In addition, it will work with the General Administration of market supervision, traffic management departments and other relevant units to focus on upgrading the machines and tools within its management scope. Before the issuance date, we organized branches of the people's Bank of China to carry out a thorough inventory of social commercial cash machines and tools.
If in the future some social machines and tools can not be upgraded in time and cannot be identified, what should we do? Liu Hao reminded that the application of public anti-counterfeiting technology is also a very important link. The anti-counterfeiting technology and features of the new version of RMB can effectively ensure the public to identify the new version of RMB. The reporter noted that the central bank has announced the anti-counterfeiting features of the new version of RMB in detail on its official website.
Will cash be replaced by mobile payment?
Zhang Meng, deputy director of the monetary and gold and silver Bureau of the people's Bank of China, pointed out on the 29th that RMB is China's legal tender. In recent years, with the development of diversified means of payment, it has an obvious substitution effect on cash, but cash will exist in the long run. 'for a long time in the future, cash will still be the most basic means of payment generally accepted by the public. 'it points out.
In recent years, some organizations hype the concept of "no cash" and some new retail enterprises refuse to pay cash in order to promote app. In July 2018, the people's Bank of China issued a notice on rejecting cash to further standardize the selection and application of payment methods by socio-economic entities.
Some experts pointed out that although non cash payment method is welcomed by more and more people, it still can not completely replace the function and role of cash.