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Business / Economy

PBOC leads way in quest for 'clean money'

By Cui Jia and Chen Jia (China Daily) Updated: 2015-11-13 09:41

PBOC leads way in quest for 'clean money'

Workers put bags of damaged bills into a shredding machine at the bank note processing center in Nanjing, Jiangsu province, on Nov 4, 2015. [Photo/China Daily]
Every month, the processing center sends the power plant about 100 tons of discarded 10, 50 and 100 yuan bills, which are used as fuel to generate about 100,000 kilowatt hours of electricity, he said.

To ensure the discarded bills are burned entirely, the compressed, shredded matter is further processed into powder and then mixed with straw. The mixture is then placed on a conveyor belt that leads to a giant incinerator and the life of the bank notes, touched by countless unknown hands and affecting thousands, possibly millions of lives, officially comes to an end.

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