The Central Mint, known in English before 2004 as the Central Mint of China (CMC), is a

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

company of the

Central Bank of the Republic of China (Taiwan) The Central Bank of the Republic of China (Taiwan), known from 1924 to 2007 as the Central Bank of China and still referred to under the acronym CBC, is the central bank of Taiwan. Originally founded in 1924 in Guangzhou, the CBC was expel ...

. The major activities of the mint are

mint Mint or The Mint may refer to: Plants * Lamiaceae, the mint family ** ''Mentha'', the genus of plants commonly known as "mint" Coins and collectibles * Mint (facility), a facility for manufacturing coins * Mint condition, a state of like-new ...

ing and melting circulation and

commemorative coin A commemorative coin is a coin issued to commemorate some particular event or issue with a distinct design with reference to the occasion on which they were issued. Some coins of this category serve as collector's items only, while most commemora ...

s, and producing commemorative

medal A medal or medallion is a small portable artistic object, a thin disc, normally of metal, carrying a design, usually on both sides. They typically have a commemorative purpose of some kind, and many are presented as awards. They may be in ...

s and other kind of

casting Casting is a manufacturing process in which a liquid material is usually poured into a mold, which contains a hollow cavity of the desired shape, and then allowed to solidify. The solidified part is also known as a casting, which is ejected or ...

products for government institutions and businesses in

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...

History

The mint was originally established as Shanghai Mint in

Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...

in 1920. In 1928, Northern Expedition forces led by the

Kuomintang The Kuomintang (KMT) is a major political party in the Republic of China (Taiwan). It was the one party state, sole ruling party of the country Republic of China (1912-1949), during its rule from 1927 to 1949 in Mainland China until Retreat ...

took over Shanghai, and the Shanghai Mint was renamed Central Mint of China and became the subordinate of

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

. Australian-Chinese merchant George Kwok Bew was appointed head of the CMC. Kwok was an associate of

Sun Yat-sen Sun Yat-senUsually known as Sun Zhongshan () in Chinese; also known by Names of Sun Yat-sen, several other names. (; 12 November 186612 March 1925) was a Chinese physician, revolutionary, statesman, and political philosopher who founded the Republ ...

and also managing director of Wing On. Five years later in 1933, the company started its operation in minting. During the

Second Sino-Japanese War The Second Sino-Japanese War was fought between the Republic of China (1912–1949), Republic of China and the Empire of Japan between 1937 and 1945, following a period of war localized to Manchuria that started in 1931. It is considered part ...

, the company had to be relocated inland of

mainland China "Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit ...

in which facilities were set up in

Chengdu Chengdu; Sichuanese dialects, Sichuanese pronunciation: , Standard Chinese pronunciation: ; Chinese postal romanization, previously Romanization of Chinese, romanized as Chengtu. is the capital city of the Chinese province of Sichuan. With a ...

Guilin Guilin (Standard Zhuang: ''Gveilinz''), postal map romanization, formerly romanization of Chinese, romanized as Kweilin, is a prefecture-level city in the northeast of China's Guangxi, Guangxi Zhuang Autonomous Region. It is situated on the we ...

Kunming Kunming is the capital and largest city of the province of Yunnan in China. The political, economic, communications and cultural centre of the province, Kunming is also the seat of the provincial government. During World War II, Kunming was a Ch ...

Lanzhou Lanzhou is the capital and largest city of Gansu province in northwestern China. Located on the banks of the Yellow River, it is a key regional transportation hub, connecting areas further west by rail to the eastern half of the country. His ...

and

Wuchang Wuchang is one of 13 urban District (China), districts of the prefecture-level city of Wuhan, the capital of Hubei, Hubei Province, China. It is the oldest of the three cities that merged into modern-day Wuhan, and stood on the right (southea ...

. In 1946 after the

National Revolutionary Army The National Revolutionary Army (NRA; zh, labels=no, t=國民革命軍) served as the military arm of the Kuomintang, Chinese Nationalist Party (Kuomintang, or KMT) from 1924 until 1947. From 1928, it functioned as the regular army, de facto ...

won the war against the

Japanese Japanese may refer to: * Something from or related to Japan, an island country in East Asia * Japanese language, spoken mainly in Japan * Japanese people, the ethnic group that identifies with Japan through ancestry or culture ** Japanese diaspor ...

, the company relocated back to Shanghai.Historical Evolution of CMC
/ref> In 1949, in the later stages of the

Chinese Civil War The Chinese Civil War was fought between the Kuomintang-led Nationalist government, government of the Republic of China (1912–1949), Republic of China and the forces of the Chinese Communist Party (CCP). Armed conflict continued intermitt ...

, Shanghai was taken over by Communist forces. Part of the CMC was evacuated to Taiwan, while the remaining equipment and personnel were received by the Communist military administration in May 1949 and reorganised as "the People's Mint", now the Shanghai Mint, a subsidiary of China Banknote Printing and Minting. The CMC officially relocated to Taiwan in May 1949 and facilities were set up in

Taipei , nickname = The City of Azaleas , image_map = , map_caption = , pushpin_map = Taiwan#Asia#Pacific Ocean#Earth , coordinates = , subdivision_type = Country ...

. It then became the subordinate of the

. In 1976, the facility was relocated to Guishan Township in

Taoyuan County Taoyuan County () is under the administration of Changde, Hunan, Hunan Province, China. The Yuan River, a tributary of the Yangtze, flows through Taoyuan. It covers an area of 4441 square kilometers, of which is arable land. It is from Zhangji ...

until today.

Organizational structures

* Planning Division * Procurement and Supply Division * Quality Control Division * Secretariat * Accounting Office * Personnel Office * Labor Safety and Health Office * Ethics Office * Information Management Office * Melting and Rolling Office * Coining and Packing Works * Fine Casting Works * Maintenance Works

References

{{authority control 1920 establishments in China 1949 establishments in Taiwan Mints (currency) Executive Yuan Government-owned companies of Taiwan Buildings and structures in Taoyuan City Currencies of Taiwan

History

Organizational structures

See also

References