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China has a centuries-old history of banknote printing
and minting. During the past thousands of years, countless elaborate
coins made of gold, silver and copper came forth continuously; ¡°Jiaozi¡±
used in Sichuan province in Song Dynasty was the first banknote
all over the world, it was the result of the economic and currency
culture development.
In modern time, China¡¯s banknote printing and minting was dropped
behind far from western countries. Qing government established ¡°Fengtian
Machinery Bureau¡± (the former Shenyang Mint) in 1896 and ¡°Duzhibu
Printing Bureau¡± (the former Beijing Banknote Printing Plant) in
1908.

During the revolution war period, Mao
Zedong accepted the suggestion of establishing the first mint¡ªShangjing
Mint. Afterwards, many other printing plants and mints were established
in revolution base areas. The technology was well developed during
that period. Those plants and mints contributed a lot to the revolution
war and the consolidation of currency.

After the founding of People¡¯s Republic
of China, banknote printing and minting industry underwent an independeut
way of developing, from small to big, from incomplete to complete,
from decentralization to centralization. Among those progresses,
there were many milestones: in 1965, Beijing Banknote Printing Plant
manufactured the world's leading 245A offset printing machine; in
September of the same year, Baoding Paper Mill trial-manufactured
the first fixed watermark paper, which was called ¡°Honor Paper¡±;
Lunar Dog Commemorative Coin, Panda Gold Coin and Marco Polo Silver
Commemorative Coin produced in 1980s won international awards; In
1993, Donghe Complex moved to Wenjiang, Chengdu, thus CBPMC reallocated
its capacity. The the fifth series of RMB issued after October 1999
are of world advanced technology; The 50th Anniversary of the Founding
of China's Commemorative Banknote and the New Millennium Commemorative
Banknote also gained public favorable comments.
Tortuous and honorable history comes from the yearly endless pursue
of employees. It is also the result of painstaking effort and wisdom.
Meanwhile, the spirit from hundred-year¡¯s endeavor is the precious
wealth of CBPMC.
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