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#fifth_series_of_the_renminbi

Fifth series of the renminbi

1999 banknote issue by the People's Bank of China

The fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since 1999 and consist of ¥0.1, ¥0.5, and ¥1 coins, and ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 notes. The ¥20 banknote is a new denomination, and was added in this series. All banknotes in this series feature a portrait of Chinese Communist Party chairman Mao Zedong by artist Liu Wenxi. Therefore, this series of banknotes is also known as "Grandpa Mao" among the people.

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