5 Yuan

Part of the third series of Renminbi, introduced from 1962 onward though this note carries a 1960 date — a common discrepancy in Chinese currency of the period, where printing dates and release dates frequently diverged by two or more years. The third series was the first to be designed and produced entirely domestically, without Soviet technical assistance, marking a practical break from the Sino-Soviet cooperation that had shaped earlier issues.

The Beijing Banknote Printing Works had absorbed significant Soviet printing technology transfer during the 1950s before the political split of 1960 made further collaboration impossible. This note entered production precisely at that rupture point.