China Banknote Printing and Minting Corporation (CBPMC), ( ) is a state-owned corporation which carries out the minting of all renminbi coins and printing of renminbi banknotes for the People's Republic of China headquartered in Beijing.

CBPMC uses a network of printing and engraving and minting facilities around the country to produce banknotes and coins for subsequent distribution. Banknote printing facilities are based inBeijing, Shanghai, Chengdu, Xi'an, Shijiazhuang, and Nanchang.

Mints are located in Nanjing, Shanghai, and Shenyang. Also, high grade paperfor the banknotes is produced at two facilities in Baoding andKunshan. The Baoding facility is the largest facility in the worlddedicated to developing banknote material according to its website.

In addition, the People's Bank of China has its own printing technology research division which research new techniques for creating banknotes and making counterfeiting more difficult.

The CBPMC bases its production of currency on the macroeconomic planning of the People's Bank of China.

References

1. China Banknote Printing and Minting
2. 保定钞票纸厂

External links

• Official Website