2 Chiao Chinese Soviet Republic Bank of Hunan-Kwangsi Province "Canton"

The Bank of Hunan-Kwangsi Province was one of several regional soviet financial institutions established by the Chinese Communist Party during the Jiangxi Soviet period, when Mao's forces controlled scattered rural base areas across south-central China. "Canton" in the name almost certainly reflects a romanized designation used for cataloging purposes rather than any direct connection to Guangzhou — the issuing authority operated out of the border region between Hunan and Guangxi provinces, well away from Nationalist-controlled urban centers.

Notes from this period were printed under wartime guerrilla conditions, often on whatever paper and presses were locally available. Survival rates are extremely low; the base areas where they circulated were overrun during Chiang Kai-shek's encirclement campaigns of 1933–34, and most paper currency was rendered void or physically destroyed.