(Gengshen the twelfth lunar month 11), January 16, 1981, the Chinese government has decided to issue treasury bills. the


a State Council meeting to by Treasuries Regulations of the People's Republic of China, to determine Beginning in 1981, the issue of the People's Republic of Treasuries. The Ordinance also provides treasury bills shall not be deemed to currency in circulation, and may not be freely traded, the payback period of 5 years.