After a lapse of eight years, the committee members raised a thousand yuan ticket and said that they can issue 500 yuan worth of parcels first.

Zong Licheng, a member of the National Committee of the Chinese People's Political Consultative Conference and Vice Chairman of the Shandong Industry and Commerce Federation, proposed in his proposal that it issue a large denomination of RMB 500 or 1,000 yuan to meet the needs of economic and social development and reduce the cost of money circulation.

This is after a lapse of 8 years, Zong Licheng members revisited the old thing, and the relocation of events is not. As early as the 2004 “two sessions”, Zong Licheng made a proposal to issue 500 yuan and 1,000 yuan worth of bills as soon as possible. At that time, the central bank officials gave the answer that the timing of the issuance of bills was not yet mature.

In this year's "two sessions," members Zong Licheng believe that the timing for the issuance of 500 yuan or 1,000 yuan has matured, and the large-denominated yuan has many advantages and benefits. The first is easy to carry, the second reduces circulation time, improves efficiency, and saves paper. The current nominal denomination of the renminbi is too small to meet the sharp increase in the total economic output.

Zong Licheng said that the proposal has raised questions from members of the financial sector and believes that the issuance of large-denominated Renminbi may trigger inflation. Zong Licheng said that the total amount of money issued has remained unchanged, only the internal structure has changed. Therefore, the size of the denomination of banknotes is not necessarily related to inflation. He suggested that according to factors such as China’s economic growth, residents’ income, and price increases, and in light of the large denominations of banknotes in developed countries, China may, at its discretion, first issue a RMB of 500 yuan in face value and then issue RMB 1,000 according to circumstances.

With regard to payment by credit cards, which has become more and more common, and the issuance of large sums of money is not necessary, Zong Licheng commented that this type of statement lacks social practice. His hometown sells Shouguang vegetables, and a car is worth more than ten million yuan. ? Taking bank ATMs as an example, each additional banknote box can generally hold several hundred nominal denominations of banknotes. On average, 50 to 60 people withdraw money each day. The banknotes in one cash machine can only be used for half a day if the bank is used every day. Putting money into the cash machine will virtually increase manpower and material resources.

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How to deal with counterfeit money is more convenient

For the Zong committee's proposal, the reporter thought that the public would have a slight advantage, but the survey found that the respondents' attitudes were either indifferent or unsupportive, and they feared more than reassurance.

● Miss Yang Bank Staff -

It is more convenient to issue large sums of money for bribery and bribery. There are traces of credit card swipes, and the transfer checks are accurate. There is no trace of cash corruption. Bank records cannot be found. Hong Kong issues HK$1,000 in Hong Kong dollars. We are all swiping cards while shopping in Hong Kong, but we will see that many Mainland bosses and wealthy people use tens of thousands of Hong Kong dollars to buy LVs and other luxury goods. This is not like the wage earning of the working class.

● Ms. Wang wedding shop owner -

The denomination of 100 yuan is hard to judge the size. In the city, you may feel that the denomination is small, but the consumption of credit cards in the city is widespread; in the countryside, the denomination of 100 yuan is not a small number, and the 1,000 yuan bill is meaningless.

● Mr. Meng bus driver -

At present, all sorts of counterfeit banknotes appearing on the market leave the people with a fear. If there are thousands of counterfeit banknotes in the future, who will escort the people? When a migrant worker is doing a month's work and receiving a thousand yuan worth of counterfeit money, who is responsible for this?

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Thousand yuan ticket "front and back"

The People’s Bank of China has started issuing RMB 100 yuan since 1987. At present, the currency circulation has increased from about 12 billion yuan to about 5 trillion yuan. China's electronic payment system is still not popular, and the cash demand is still large. Even in the economically developed southeast coastal areas, the proportion of electronic payment is less than 30%.

In the "two sessions" in 2004, members of Zong Licheng proposed to issue 500 yuan and 1,000 yuan worth of bills as soon as possible. At the time, Li Yang, director of the Institute of Finance at the Academy of Social Sciences and Deputy Director of the Monetary Policy Department of the People's Bank of China, responded that according to foreign currency issuance methods, China has not yet issued 500 yuan or 1,000 yuan.

According to the formula for foreign currency issuance: When the amount of banknotes with a nominal value exceeds 70% of the total amount of banknotes currently circulating on the market, it is indicated that the currency value of the currently issued banknote is too small, and larger banknotes should be issued. However, the current nominal currency note is 100 yuan, and the total amount of banknotes circulating in the market is only between 20% and 30%. It is still far from this standard.

In the "two sessions" in 2009, Zhu Zhengfu, member of the National Committee of the Chinese People's Political Consultative Conference and deputy chairman of the Guangdong Provincial Lawyers Association, suggested that the central bank issue large-denominated renminbi, such as 500 yuan and 1,000 yuan, to expand domestic demand and save money and printing costs.

For Zhu’s statement, some netizens believe it to be nonsense. When the entire money is changed into a change, it is moving toward consumption, so it feels fast. And changing the change to full money is shifting towards storage.

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