The digital renminbi is coming, so why issue a new version of 5 yuan banknotes?
The 2020 version of the fifth set of RMB 5 banknotes will be officially issued on the 5th.
On the same day, many people rushed to the bank branch early in the morning to exchange for the new version of 5 yuan banknotes and get a glimpse of the beauty.
On the morning of the 5th, Grandma Feng, a Beijing citizen who was over seventy years old, successfully switched to the new version of the 5 yuan banknote in the business department of the Bank of Communications Beijing Branch.
She happily said: "I have changed all the fifth set of RMB for the new edition!"
Ning Jie, the business manager of the business department of the Bank of Communications Beijing Branch, told reporters that more than 20 customers had successfully exchanged for the new version of 5 yuan banknotes in the morning, and had already exchanged about 25,000 yuan of new banknotes.
The reporter learned that due to the low denomination and small circulation, the new version of 5 yuan banknotes will not be launched on a large scale, and there will be a process of replacing the old version of the renminbi with the new renminbi.
Before redeeming the new version of 5 yuan banknotes, the public can first consult and make appointments with bank branches.
Don't underestimate this new version of the 5 yuan note, it has a "different" issuance process.
Moreover, with the new version of 5 yuan "return to the team", the fifth set of renminbi promotion work was announced as completed.
In order to improve anti-counterfeiting technology and printing quality, the People’s Bank of China issued a new version of 100 yuan banknotes in November 2015, and new versions of 50 yuan, 20 yuan, 10 yuan, and 1 yuan banknotes, as well as 1 yuan, 5 yuan, and 1 yuan in August 2019. 1 dime.
At that time, only the 5 yuan note did not release a new version, which aroused public curiosity.
The People's Bank of China explained that the 5 yuan banknotes with low denominations and small circulation are undergoing research on the application of related new technologies.
What new technology?
Will the new version of 5 yuan become a coin or a plastic material?
For a time, there were various speculations in the society.
Until July of this year, the People's Bank of China lifted the mystery of the new version of the 5 yuan banknote, and my country's independent research and development of special banknote printing technology-double-sided gravure printing, was shown to the world.
Through double-sided gravure printing technology, through light observation, it can be seen that the partial patterns on the front and back compose a complete denomination number and the pattern, and the touch has a bumpy feel.
This banknote printing technology, which was first applied to renminbi banknotes in circulation, is not available in other denomination banknotes, fully demonstrating the security and innovation of renminbi anti-counterfeiting technology.
Of course, in addition to this technology, the new version of RMB 5 also uses an advanced anti-counterfeiting technology recognized in the field of international banknote printing-Guangcaiguangchang.
The denomination number "5" on the banknote changes with the viewing angle, its color changes between gold and green, and a bright band of light scrolls up and down, which is easy for the public to recognize.
With the rapid development of mobile payment in my country, there are fewer and fewer scenarios for people to use cash. Often a mobile phone can easily handle various payment needs such as travel, shopping, and payment.
The recent acceleration in the exploration of the application of digital renminbi makes one cannot help asking: the digital renminbi is coming, why should paper currencies continue to "innovate"?
Maintain the legal status of RMB cash
1. Renminbi cash is legal tender, reflecting the country's credit, and ensuring the smooth circulation of renminbi cash is the basic requirement for maintaining the legal status of the renminbi.
Therefore, no unit or individual may refuse to accept cash.
2. Meet the needs of some public and scenes
Earlier, a video about “elderly people being blocked from riding the subway without a health code” was circulated on the Internet, triggering public heated discussions about the dilemma of the “digital divide” for the elderly.
This problem is also more obvious in the field of mobile payments.
It is predicted that during the "14th Five-Year Plan" period, the nation's elderly population will exceed 300 million.
A considerable number of elderly people are not proficient in mobile payment, nor can they enjoy the efficiency and convenience of digital renminbi.
At the same time, in some relatively remote or impoverished areas, the deployment of electronic payment devices is also difficult to achieve full coverage.
"As long as the people have the demand for paper money, the People's Bank of China will not stop the supply of paper money." Mu Changchun, director of the People's Bank of Digital Currency Research Institute, said recently that in the foreseeable future, digital renminbi and paper money will coexist for a long time.
The picture shows a staff member of the Business Department of Bank of Communications Beijing Branch showing the new version of the brochure of 5 yuan banknotes
3. Anti-counterfeiting needs of banknotes
Counterfeit banknotes are the "natural enemy" of banknotes. Since their birth, banknotes have continuously improved their anti-counterfeiting and printing technologies to fight against criminals who counterfeit and alter banknotes.
Double-sided gravure printing, digital brilliance change, image "miniature" anti-counterfeiting, increased watermark size, irregular shading... With the help of increasingly perfect computer aids and continuous improvement of printing equipment, the new version of RMB A series of optimizations, with more recognizable colors, more refined patterns, and more advanced anti-counterfeiting designs.
4. The renminbi is the "national card"
From the early days when some of the face of the currency was printed by the Soviet Union, to the end of currency production relying on foreign technology, to winning bids for many international projects and competing in the international commercial currency printing and coinage market... While the RMB is playing an increasingly important role on the international stage, my country The level of banknote printing and minting has gradually emerged in the international market.
As a "national business card", banknotes are not only a payment tool, but also condensed important political, economic, and cultural information.
From the first set to the fifth set, the appearance of the renminbi is changing, and the people's life is also changing.
Behind the changes in the renminbi is the rise in overall national strength, and what condenses is the national confidence.
(Reporter Wu Yu)