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20 Yuan Beijing Winter Olympics

Issuer People's Bank of China
Year 2022
Type Commemorative banknote
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Reverse lettering ZHONGGUO RENMIN YINHANG ᠳᠤᠮᠳᠠᠳᠤ ᠤᠯᠤᠰ ᠤᠨ ᠠᠷᠠᠳ ᠤᠨ ᠪᠠᠩᠬᠢ ༄༅། །ཀྲུང་གོམི་མི་རྣམས་དངུལ་ཁང་། སྒོར་ཉི་ཤུ། جۇڭگو خەلق بانكىسىيىگىرمە يۈەن Cunghgoz Yinzminz Yinzhangz ngeih cib maenz 第24届冬季奥林匹克运动会纪念 2022年
(Translation: People's Bank of China — in Mongolian, Tibetan, Uyghur, and Zhuang scripts — Twenty Yuan, Commemoration of the 24th Winter Olympic Games, Year 2022)
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Protection description Bing Dwen Dwen (2022 Winter Olympic mascot) riding a snowboard with numeral 20; color-shifting snowflake emblem on reverse; embedded security thread
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China has issued commemorative banknotes for major events before — the 2008 Beijing Olympics produced a 10 Yuan note — but the 2022 Winter Olympics issue marks the first time the People's Bank released a commemorative note for a winter games and only the second time a Chinese Olympic note carried a different denomination than its predecessor. The choice of cotton substrate rather than the polymer used in some recent Chinese commemoratives reflects a deliberate decision to match the tactile feel of standard circulation issues, keeping it accessible to the general public rather than positioned purely as a collector object.

Color-shifting ink on the denomination numeral shifts from gold to green — the same optical variable ink technology applied to higher-denomination standard series notes, which was unusual to deploy on a 20 Yuan face value.

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