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The People's Republic of China People's Bank Act gives the People's Bank of China to issue RMB , the statutory responsibilities of management RMB circulation . Therefore, the goal of currency for the meet RMB supplies \the ratio ), the central bank charged with the important duty. However , in the work of Renminbi issue , not smooth distribution channels , the central bank faces a series of problems in currency work , seriously affected the normal work of the currency issue , the impact of the goals of the People's Bank of China currency issue . According to projections, the number of our banknotes circulating in the market is about 240 billion each banknote printing costs an average of 0.5 yuan , if the rate of transport , storage, inventory , destruction of the cost of each bill costs roughly 1.2 yuan , China the notes use generally have a term of 3 years , That cash three years turnover time in accordance with the above projections , China annually printing banknotes 80000000000 , issuance costs about 96 billion yuan , which is a huge cost . These costs , part of the cost is required to happen , such as the printing costs, part by scientific issue management can reduce . Therefore, strengthening the currency management , the smooth currency distribution channels become an important issue . Therefore , this article will be made ??on the basis of the currency distribution channels analysis Solutions to provide a reference for the effective currency of the People's Bank of China issued the work , reduce the cost of currency , more scientific and rational currency .
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