According to Baidu Encyclopedia, China Banknote Printing and Minting Corporation is directly under the People's Bank of China. It is a large-scale state-owned enterprise integrating RMB design, R&D, printing and serving cash life cycle management, and is committed to the development of monetary culture industry and the study of digital currency.
China Banknote Printing and Minting Corporation has 23 large and medium-sized enterprises (including 1 national technology research and development center-China Banknote Research Institute). Including 7 banknote printing companies, 3 mint companies, 2 banknote paper production companies, 3 special anti-counterfeiting, special ink, engraving and plate-making companies and 7 market-oriented enterprises, located in Beijing, Shanghai, Chengdu, Xi 'an, Shijiazhuang, Nanchang, Guangzhou, Shenyang, Nanjing, Haikou, Shenzhen, Baoding and Kunshan.