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China Daily | Updated: 2015-11-12 07:49

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Society: The evolution of RMB notes

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The central bank is set to release a new 100-yuan banknote today. Part of the fifth set of banknotes introduced by the People's Bank of China in 1999, the note was last changed in 2005. The design will stay largely the same as the 2005 series, but the new banknotes are harder to counterfeit and easier for machines to read. The old version of the 100-yuan note will remain in circulation, the central bank said. The 100-yuan note is the largest denomination of the Chinese currency.

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