China stops circulation of RMB cent bills
文章来源: 文章作者: 发布时间:2007-04-02 00:38 字体: [ ]  进入论坛
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The paper money worth 1 and 2-cents
 
Mar1.31 - After over five decades, China will stop circulating paper money worth 1, 2 and 5-cents starting Sunday, April 1, the Chengdu Daily reports.   When the 1, 2 and 5-cent bills stop circulation2, coins will take over their place.   The newspaper reported on Saturday that 1, 2 and 5-cent bills can be changed into coins of the same value at commercial banks before April 1. Afterwards, those still holding paper money worth 1, 2 or 5-cents will be able to continue to change them for coins at appointed financial institutions.   With cent bills being withdrawn3 from circulation, collectors have become inspired. The paper said that 1, 2 and 5-cent bills printed with Arabic numerals are now worth 400 yuan per note. However, those with Roman letters are less valuable, and so collectors are advised to collect them in sets, rather than single notes.   1, 2 and 5-cent notes were printed during the second version of China's renminbi, issued in 1953.   In addition, the People's Bank of China has announced it will stop printing 20 cent bills, or 2 jiao notes, for their vulnerability4 to the coin. However, no date for stopping their circulation has been set, the Xiangxiang Morning Post reported.   The newspaper said more 10-cent coins are expected to be issued to gradually replace the 20-cent bills.   Five versions of China's currency have been issued since 1949, and, as of April 1, the first three versions will have all stopped circulation.  


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1 mar f7Kzq     
vt.破坏,毁坏,弄糟
参考例句:
  1. It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  2. Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 circulation TXpz2     
n.循环,流通,传播,发行,发行量
参考例句:
  1. There is a large circulation in the musical public.在音乐界销路很广。
  2. The ideas have been in circulation for some time.这些想法已经流行了一段时间。
3 withdrawn eeczDJ     
vt.收回;使退出;vi.撤退,退出
参考例句:
  1. Our force has been withdrawn from the danger area.我们的军队已从危险地区撤出。
  2. All foreign troops should be withdrawn to their own countries.一切外国军队都应撤回本国去。
4 vulnerability WhvwM     
n.脆弱(性)
参考例句:
  1. A baby is the embodiment of vulnerability. 婴儿极为脆弱。
  2. Saudi Arabia obscures its vulnerability by opaqueness. 沙特阿拉伯人以其神秘莫测来掩饰其脆弱。
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