The RMB is the legal tender of the People's Republic of China, and the People's Bank of China is the competent authority for the design, printing, issuance and recycling of the RMB.。

The benchmark interest rate of the RMB benchmark interest rate is the interest rate with a general reference role in the financial market, and the level of other interest rates or the price of financial assets can be determined according to this benchmark interest rate level.。