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What are the characteristics of RMB?
The characteristics of RMB are as follows:

1, RMB is not fixed with the currency value of any country. When foreign currency appreciates or depreciates, the RMB exchange rate can be adjusted accordingly;

2. RMB does not stipulate the gold content, and the guarantee of RMB issuance and currency stability is a large number of commodities in the hands of the state;

3. RMB entry and exit shall be subject to quota management;

4. The issuance of RMB is highly centralized in the People's Bank of China. The issuance guarantee of RMB is a commodity substance owned by the state, and the foreign exchange reserve of gold is mainly used as the reserve for international payment.

Extended data:

Legal tender:

The legal tender of China is RMB (while Hong Kong dollars and Macau dollars are legal tender of China), which is issued by the People's Bank of China (Hong Kong Monetary Authority and Macau Monetary Authority in Hong Kong and Macau).

The main currency of RMB is Yuan, mainly in the form of paper money, including 100 Yuan, 50 yuan, 10 yuan, 5 yuan, 2 yuan and 1 Yuan. Renminbi coins are divided into paper money and metal coins, including five cents, two cents, 1 minute, five cents, two cents and 1 minute.

Renminbi is the only independent and legal currency in China (except for special circumstances in Hongkong and Macau).

Its legitimacy is reflected in the fact that RMB is the currency within the sovereignty of China, which has unlimited liquidity and can only be used for pricing, circulation and use, and no unit or individual may refuse it.

In order to maintain the legal status of RMB, national laws and regulations stipulate that:

1, issuing disguised currency is not allowed.

2. It is strictly forbidden for all units to imitate the RMB style to print internal tickets.

3. Strengthen the management of RMB exchange and destruction.

4. Whoever forges or alters currency, or buys or sells forged or altered currency, shall be punished according to law.

5. Those who carry money out of the limit, transport it without authorization or bring it into or out of the country by mail shall be dealt with by the relevant state departments according to law. If the circumstances are serious enough to constitute a crime, they shall be transferred to judicial organs for criminal responsibility according to law.

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