BEIJING, Nov. 2 (Xinhua) -- China Gold Coin Incorporation (CGCI) has issued its first batch of 1-gram gold bars and silver bars featuring rat designs to celebrate the Lunar New Year in January 2020.
It is the first time that the company has issued 1g of gold or silver strips. The previous minimum specifications of gold or silver strips for the Lunar New Year were 30g and 50g, respectively.
CGCI issued the first Lunar New Year gold bullion in 2002 and the first Lunar New Year silver bullion in 2007.
The products will mainly be sold through bank channels.
The front of the product displays a cartoon rat in a simple geometric style.
The back is marked with the logo of the company and the English word "CGCI", as well as its material, purity and weight.
Founded in 1987, CGCI is under the direct supervision of the People's Bank of China and it is the sole body dealing in gold and silver Chinese bullion coins.