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5 Fen 1953. Serial Number, China

in Krause book Number: 862а
Years of issue: 01.03.1955
Edition: --
Signatures: no signature
Serie: 1953 Issue
Specimen of: 1953
Material: Cotton fiber
Size (mm): 100 х 47.5
Printer: China Banknote Printing and Minting Corporation (CBPM)

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5 Fen 1953. Serial Number

Description

Watermark:

Avers:

5 Fen 1953. Serial Number

Hai Liao Ship

Many thanks for the info about the ship on banknote to Vladimir from Belarus.

On banknote is "Hai Liao Ship" of the company The China Merchants.

A little bid of history:

After the victory over Anti-Japanese War, China Merchants took over 332 ships from the enemy and the puppet regime, purchased 106 foreign ships, and invested in other steamship companies. In August 1948, the Kuomintang government reorganized China Merchants into a limited liability company and sold half of the equity to attract investment.

Shanghai was liberated on May 27, 1949. The Chinese People’s Liberation Army Shanghai Military Control Commission took over Shanghai Head Office of China Merchants. On May 28, Chen Yi and Su Yu signed the “order of the Chinese People’s Liberation Army Shanghai Military Control Commission” to execute military supervision and takeover of China Merchants Head Office. On June 5, Shanghai Military Control Commission held a grand handover ceremony and announced officially that China Merchants was returned to New China.

All the staff and 13 ships of China Merchants moved to Hong Kong declared the uprising in Hong Kong on January 13, 1950, continuing operation and having some development.

On September 28, 1949, "Hai Liao Ship" of China Merchants rose up and returned to the liberated area from Hong Kong, marking the beginning of China Merchants (Hong Kong) uprising. At 8:00 am on January 15, 1950, more than 600 staff in 13 ships of China Merchants which gathered in Hong Kong officially announced uprising, the flag-raising ceremony was held in 13 ocean-going vessels, China Merchants raised the Five-Starred Red Flag in office buildings, wharfs and warehouses at the same time, and published the China Merchants (Hong Kong) uprising notice. The uprising of China Merchants (Hong Kong) and 13 ocean-going vessels became a great event making a sensation, and the Xinhua News Agency, People's Daily and major media at home and abroad reported in time. (www.fczx-china.com) (news.ifeng.com chn.)

Denomination is on left side.

Revers:

5 Fen 1953. Serial Number

coat

The national emblem of the People's Republic of China contains in a red circle a representation of Tiananmen Gate, the entrance gate to the Forbidden City, where Mao declared the foundation of the People's Republic of China (PRC) in 1949. Above this representation are the five stars found on the national flag. The largest star represents the Communist Party of China, while the four smaller stars represent the four social classes as defined in Maoism. The outer border of the red circle shows sheaves of wheat and the inner sheaves of rice, which together represent agricultural workers. At the center of the bottom portion of the border is a cog-wheel that represents industrial workers.

Denominations are on the left and right sides. Each note has the words "People's Bank of China" as well as the denomination in the Uyghur, Tibetan and Mongolian (but no Zhuang since Zhuang alphabet was not invented yet) languages on the back, which has since appeared in each series of Renminbi notes.

Comments:

Fen is a unit of currency used in Greater China, including People's Republic of China (Mainland China), Republic of China (Taiwan), Hong Kong and Macao. One fen is equal to one-hundredth of a yuan or tenth of a Chinese jiao.