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1 Jiao

Issuer People's Bank of China
Year 1960
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Value 1 Jiao (壹角) (0.1 CNY)
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Obverse description Central vignette shows a procession of field workers marching, rendered in intaglio in red tones. The bank title in Chinese characters appears across the top, with the denomination 壹角 in large characters to the upper right, flanked by intricate guilloche scroll borders in multicolour. The year 1960 and romanised denomination YI JIAO are printed at the lower centre.
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Reverse lettering ZHONGGUO RENMIN YINHANG YI JIAO 1960
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Comments

The third series of Renminbi was in planning as early as the mid-1950s but its rollout extended across two decades, with individual denominations released sporadically rather than as a coordinated set. This 1 Jiao was among the earlier releases, printed domestically at the Beijing facility — a deliberate political statement of self-reliance following the Soviet withdrawal of technical assistance in 1960, which had disrupted several state printing programs.

Paper quality on this series is notoriously uneven across print runs, and the 1 Jiao in particular shows measurable variation in ink saturation between early and late impressions.

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