The first batch of Renminbi was issued on December 1, 1948, in a three-story gray building at No. 11 Zhonghua Beidajie in present-day Shijiazhuang, the original site of the People’s Bank of China’s head office. Three types of coupons were issued in the first batch of Renminbi: the 10 yuan irrigation field mine, the 20 yuan fertilizer train, and the 50 yuan waterwheel mine wagon. The first Renminbi (50 Yuan waterwheel and mine wagon ticket number I II III 00000001) was collected by Mr. Shi Lei, who was the head of the issuance section at that time.
The first RMB banknote in history
Original site of the People’s Bank of China Head Office
Today a small three-story gray building at No. 11 Zhonghua North Street in Shijiazhuang City.