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Native name | 中央造幣廠 |
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Romanized name | Zhōngyāng Zàobìchǎng (Mandarin) Tiong-iong Chō-pè-chhiúⁿ (Taiwanese) Tûng-ông Chho-pi-chhóng (Hakka) |
Formerly | Central Mint of China Shanghai Mint |
Company type | State-owned |
Founded | 1920 (inShanghai) 1949 (inTaipei) |
Headquarters | Guishan,, |
Parent | Central Bank of the Republic of China (Taiwan) |
Website | www.cmc.gov.tw |
Central Mint | |||||||||||||||||||||||||||
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Traditional Chinese | 中央造幣廠 | ||||||||||||||||||||||||||
Simplified Chinese | 中央造币厂 | ||||||||||||||||||||||||||
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TheCentral Mint, known in English before 2004 as theCentral Mint of China (CMC), is asubsidiary company of theCentral Bank of the Republic of China (Taiwan). The major activities of the mint areminting and meltingcirculation andcommemorative coins, and producing commemorativemedals and other kind ofcasting products for government institutions and businesses inTaiwan.
The mint was originally established asShanghai Mint inShanghai in 1920.
In 1928, Northern Expedition forces led by theKuomintang took over Shanghai, and the Shanghai Mint was renamedCentral Mint of China and became the subordinate ofMinistry of Finance. Australian-Chinese merchantGeorge Kwok Bew was appointed head of the CMC. Kwok was an associate ofSun Yat-sen and also managing director ofWing On. Five years later in 1933, the company started its operation in minting. During theSecond Sino-Japanese War, the company had to be relocated inland ofmainland China in which facilities were set up inChengdu,Guilin,Kunming,Lanzhou andWuchang. In 1946 after theNational Revolutionary Army won the war against theJapanese, the company relocated back to Shanghai.[1]
In 1949, in the later stages of theChinese Civil War, 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 ofChina Banknote Printing and Minting.
The CMC officially relocated to Taiwan in May 1949 and facilities were set up inTaipei. It then became the subordinate of theCentral Bank of the Republic of China (Taiwan). In 1976, the facility was relocated toGuishan Township inTaoyuan County until today.[1][2]