1 Jiao CNY #112

Front

Representatives of the Gaoshan (indigenous people of Taiwan) and Manchu ethnic groups, two of China's 56 officially recognized ethnic minorities. The Fourth series renminbi prominently featured ethnic diversity, with each denomination depicting different minority nationalities to symbolize the unity of the multi-ethnic People's Republic of China. The portraits represent China's policy of ethnic inclusion and the equal status of all nationalities within the state.

Back

National Emblem of the People's Republic of China, featuring Tiananmen Gate, five stars above representing the Communist Party and the four social classes, surrounded by sheaves of grain and a cogwheel symbolizing agriculture and industry. The date 1980 appears below the emblem. Text in multiple languages including Mongolian, Tibetan, Uyghur, Zhuang, and Latin script reflects China's linguistic diversity and constitutional recognition of minority languages.

History

The Fourth series renminbi was issued from 1987 to 1997 (though dated 1980, 1990, and 1996 depending on denomination) by the People's Bank of China to replace the Third series. This 1 jiao note was part of the initial 1980-dated emission. The series was notable for its emphasis on ethnic unity, with each denomination featuring portraits of different ethnic minority groups. The Fourth series was gradually withdrawn starting in 2018, with the 1 jiao note officially demonetized on May 1, 2018, though higher denominations remain exchangeable. This series circulated during China's period of economic reform and opening up under Deng Xiaoping.