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Record #00343Economy archive

First Official Government-Issued Paper Money

The Northern Song government formally issued official jiaozi paper currency in February 1024, identified by the National Museum of China as the origin of government-issued paper money.

Verification status
VerifiedView verification details ↗
Last updated
2026-11-04
Category index
Economy

ARCHIVE VISUAL / 01

NOT TO SCALE

Achievement date

1024

1024-02

Achiever
Northern Song official jiaozi
Location
Yizhou, Northern Song (modern Chengdu, Sichuan, China) · Sichuan Province
Record status
VerifiedView verification details ↗Report an issue
OverviewRecord historyRelated recordsSources

Overview

Archive Note

Private jiaozi evolved from merchant deposit receipts into circulating currency in Sichuan's commercial economy. Local authorities restructured jiaozi shops around 1004–1007.

The Northern Song government established the Yizhou Jiaozi Office in 1023 and formally issued government notes in February 1024. The National Museum of China distinguishes the state issue from earlier privately circulated notes.

Key information

Formal issue
February 1024
Issuer
Northern Song Yizhou Jiaozi Office
Region
Chengdu, Sichuan
Predecessor
Private merchants' jiaozi
Institution created
1023

Record history

1 Milestones
  1. 1024-02First achievementNorthern Song official jiaoziYizhou, Northern Song (modern Chengdu, Sichuan, China)First achievement

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Sources

Evidence & References

Verification basis and limitations

Verified

The record conclusion has sufficient verification support.

Basis: direct confirmation by an authority

Original national museum, Jewish museum or Guinness evidence directly supports the defined first or leading comparative claim.

Verification assessment
2026-11-04
Last editorial review
2026-11-04

Current Entry identifies the current entry in this archive; it does not establish that the record is still held today.

Source IDSourcePublisherLink
SRC-001The Song Dynasty Jiaozi Money and Issuance of Paper MoneyOfficialENCurrent recordNational Museum of China

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