General Administration of Market Supervision the people's Bank of China has established and implemented a RMB cash equipment certification system to actively safeguard national financial security.

The near futureMeridianpokerThe General Administration of Market Supervision, in conjunction with the people's Bank of China, established a RMB cash equipment certification system and issuedMeridianpokerThe certification catalogue and rules will be implemented on May 1, 2024. The establishment of the certification system will further improve the important financial infrastructure to intercept counterfeit currencies and provide support for the construction of a financial power and a quality power.

RMB cash equipment certification covers 16 kinds of products with the function of authenticity identification of RMB coins or banknotes. According to the mandatory national standard "Technical Specification for RMB Cash equipment Identification ability" (GB 40560), the time, speed, missed recognition rate and error recognition rate of counterfeit currency identification are evaluated, and a comprehensive physical examination of RMB cash equipment manufacturing enterprises and their products is carried out. Strengthen production process management and product consistency control, improve the authenticity identification performance of RMB products, and serve the high-quality development of RMB cash equipment industry.

In the next step, the General Administration of Market Supervision will thoroughly implement the spirit of General Secretary Xi Jinping's important speech at the Central Financial work Conference, and jointly with the people's Bank of China to promote the effective implementation of RMB cash equipment certification, promote the adoption of certification results in industry management, market circulation and other fields, raise the level of anti-counterfeiting work, protect the legitimate rights and interests of the public, and ensure the order of currency circulation and national financial security.