New 100-yuan notes wheeled out in the factory of China Banknote Printing and Minting Corporation, Oct 29. (Photo/Xinhua)
A new 100-yuan bank note will be released by the central bank on Thursday, Xinhua reported. Part of the fifth set of bank notes introduced by the People's Bank of China (PBOC) in 1999, the 100-yuan bank note was last changed in 2005. The design will stay largely the same as the 2005 series, but the new bank notes are harder to counterfeit and easier for machines to read, Shang Zhiyu from Currency Gold and Silver Bureau under PBOC explained.