Government News
6b yuan note on display 2017-09-18
A museum of business was unveiled at the Shanghai University of Finance and Economics yesterday.
It displays China’s history in commercial educational development, its currency, tax stamps, insurance policies and other bills, as well as various calculating tools.
The currency pavilion has a spectacular exhibit in China, a bill valued at 6 billion yuan (US$916 million if it were worth that today) on display. It was released in May 1949, but it was only good for buying the equivalent of 77 grains of rice at that time.
It displays China’s history in commercial educational development, its currency, tax stamps, insurance policies and other bills, as well as various calculating tools.
The currency pavilion has a spectacular exhibit in China, a bill valued at 6 billion yuan (US$916 million if it were worth that today) on display. It was released in May 1949, but it was only good for buying the equivalent of 77 grains of rice at that time.
