In preparation for the 2024 Lunar New Year on February 10th, The People’s Bank of China began issuing new 20 Yuan commemorative banknotes last month. The visual motif celebrates the Year of the Loong (Chinese dragon). Approximately 100 million of the notes were put into circulation.

It is the seventh commemorative banknote issued by the People’s Bank of China and the second such note issued for the Year of the Loong. This is the first Lunar New Year commemorative note in a series to be introduced over the course of 12 years, thus completing the Chinese Zodiac.

2024 Lunar New Year Commemorative Note

                          Front Side                                                  Back Side

Both sides of the 2024 Lunar New Year Commemorative note are vertical in orientation. The front side features a dragon as the main design as well as the national emblem of the People’s Republic of China.

The reverse side depicts children performing a dragon dance with traditional lanterns, and Mongolian, Tibetan, Uyghur, and Zhang text.

Security features built into the note include the following:

  • A transparent window containing dynamic, color shifting holographic images of the Chinese Fu (Luck) character
  • The denomination “20” on the face of the note is in green SICPA SPARK ORIGIN®.
  • Intaglio printing.

The note is printed on a polymer substrate and measures 145mm x 70mm.


People’s Bank of China

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