{"product_id":"china-foreign-exchange-certificate-bundle","title":"China Foreign Exchange Certificate Bundle","description":"\u003cp\u003e\u003cspan\u003eThis educational banknote bundle features three original Foreign Exchange Certificates (FECs) issued in 1979 by the People's Bank of China for use within the People's Republic of China. These notes represent a unique dual-currency system that operated during China’s early economic reform period.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e💵 Included Banknotes:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e10 Fen 1979 P-FX1 VF\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e50 Fen 1979 P-FX2 UNC\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e100 Yuan 1979 P-FX3 F\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eForeign Exchange Certificates were introduced in 1979 during the early years of China’s “Reform and Opening-Up” era under Deng Xiaoping. The FEC system required foreign visitors to exchange foreign currency for special notes that were accepted at designated hotels, Friendship Stores, and tourist facilities.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eChinese citizens used Renminbi (RMB), while foreigners were restricted to FECs, creating a controlled, parallel monetary system. This system remained in place until it was abolished in 1994, when China unified its currency framework.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eEducational \u0026amp; Numismatic Significance\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThese certificates provide insight into:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eChina’s transitional socialist-market economy\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCurrency controls and foreign exchange policy\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe evolution of China’s global trade integration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDual-currency systems in developing economies\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe inclusion of the 100 Yuan high denomination highlights the purchasing power structure available to international visitors during the late 1970s and 1980s.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eDesign Features\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThe 1979 FEC series is known for its detailed engraving, multilingual inscriptions, and symbolic national imagery reflecting Chinese culture and landscapes. The notes closely resemble Renminbi designs of the era but are clearly marked as Foreign Exchange Certificates.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis China 1979 Foreign Exchange Certificate bundle offers a tangible link to a pivotal moment in modern economic history, when China cautiously opened its doors to the global economy while maintaining strict currency control.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3 data-start=\"1831\" data-end=\"1870\"\u003e\n\u003cstrong data-start=\"1834\" data-end=\"1870\"\u003eReturns \u0026amp; Guarantee\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-end=\"1870\" data-start=\"1834\"\u003eDisclaimer\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp\u003eAll sales, returns, and guarantees for this item are governed strictly by our Terms of Service. Please review the full policy \u003ca href=\"https:\/\/extremebanknotes.com\/policies\/terms-of-service\" rel=\"noopener\" target=\"_blank\"\u003ehere\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003ebefore purchasing. By purchasing, you acknowledge and agree to these terms.\u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3 data-end=\"1639\" data-start=\"1321\"\u003e\u003cstrong data-end=\"1672\" data-start=\"1643\"\u003eSerial Number Disclaimer\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-end=\"1639\" data-start=\"1321\"\u003eActual serial numbers on banknotes vary from piece to piece. The serial shown in product photos may not match the banknote you receive, but all items are guaranteed authentic and graded as described.\u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3\u003e\u003cstrong\u003eContact us\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55350925918542,"sku":null,"price":1600.0,"currency_code":"HUF","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/china_FEC_bundle.png?v=1771592156","url":"https:\/\/extremebanknotes.com\/products\/china-foreign-exchange-certificate-bundle","provider":"Extreme Banknotes","version":"1.0","type":"link"}