On this day, 70 years ago, on February 17, 1955 (January 25, 1955 in the lunar calendar), the People's Bank of China issued new coins. On February 17, 1955, the fifth meeting of the State Council passed the "Order on Issuing New RMB and Recovering the Existing RMB." Announced on the 21st. It will be implemented nationwide from March 1 by the People's Bank of China. 1 yuan of new currency is equal to 10,000 yuan of old currency.