China to issue new commemorative coins for 16th Asian Games

The People's Bank of China, China's central bank, said Tuesday it will issue a second set of gold and silver coins to mark the 16th Asian Games to be held in southern China's Guangzhou Province in November.
In an announcement posted on its website, the central bank said the new commemorative series will consist of one gold coin and one silver coin which will be legal tender.
The coins will be issued from May 31.
The gold coin will have a diameter of 22 millimeters and the silver coin will have a diameter of 40 millimeters.
The gold coin will have a face value of 100 yuan and will contain one quarter of an ounce of gold. It will have a maximum circulation of 30,000.
The 40-mm silver coin will have a face value of 10 yuan and will contain an ounce of silver. It will have a maximum circulation of 60,000.
The central bank issued the Series I commemorative coins for the 16th Asian Games in July last year.
The 16th Asian Games will be held from Nov. 12 to 27 in Guangzhou, capital city of south China's Guangdong Province.
The Chinese capital city Beijing hosted the 11th Asian Games in 1990.

By:news.xinhuanet.com