Issued to mark the 70th anniversary of the Chinese Communist Party's founding in Shanghai in July 1921, this commemorative circulated alongside the standard 1 Yuan issue of the same year. The Party's first National Congress was held in a French Concession rowhouse on Xingye Road — a location that became politically inconvenient to acknowledge for decades given the irony of founding a revolutionary Marxist party on foreign-administered colonial soil.
Issued to mark the 70th anniversary of the Chinese Communist Party's founding in Shanghai in July 1921, this commemorative circulated alongside the standard 1 Yuan issue of the same year. The Party's first National Congress was held in a French Concession rowhouse on Xingye Road — a location that became politically inconvenient to acknowledge for decades given the irony of founding a revolutionary Marxist party on foreign-administered colonial soil.