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Whether it was the colors, the portraits, or the overall design, good looking money is just a little more fun to spend. David Standish, the author of “The Art of Money”, unveiled the world’s ten most beautiful banknotes recently, according the ABC.

1. The French Pacific Territories (Franc)

2. The Maldives (Rufiyaa)

3. Sao Tome & Principe (Dobras)

4. Switzerland (Francs)

5. Comoros (Comorian Franc)

6. New Zealand (New Zealand Dollars)

7. Cook Islands (Cook Island Dollars)

8. Hong Kong (Hong Kong Dollars)

9. Iceland (Kronurs)

10. Faroe Islands (Kronurs)

The central parity of RMB, China’s currency , strengthened to 6.7858 per US dollar on Thursday, a new record high, according to the data released by the China Foreign Exchange Trading System.

China’s central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

(China Daily)
Updated: 2010-07-02 11:44

BEIJING – The Shanghai-Nanjing high-speed rail service, aimed at boosting development in one of the country’s major economic zones, opened to passengers on Thursday.

High-speed trains prepare to take of from Shanghai to Nanjing on Thursday. The new express rail service between the two cities, with speeds of up to 350 km per hour, has become the fastest inter-city line in the country. [CHEN FEI / XINHUA]

The new service, with trains running at up to 350 km per hour, has halved the travel time between Shanghai and Nanjing, capital of the neighboring Jiangsu province.

The service, which covers the 301-km route in just 73 minutes, carving 80 minutes off the previous time, has become the fastest inter-city train in the country.

In the initial operation phase, high-speed trains will run 92 round trips on the route. The Ministry of Railways plans to raise the number to 120, but no timetable has been set.

Ministry spokesman Wang Yongping said the new line will “help boost regional modernization” and the number of rail travelers in the region.

Among the 21 stops on the route are the eight most prosperous cities in the Yangtze River Delta region, including Suzhou and Wuxi, which contribute 61 percent to Jiangsu province’s GDP.

Wang cited a railway expert as saying that building the Shanghai-Nanjing inter-city railway was no easier than building the Qinghai-Tibet railway.

The Qinghai-Tibet rail line crosses 550 km of permafrost. Temperature changes could potentially alter the shape of the permafrost, threatening the stability of the rail bed and increasing the possibility of accidents. Its operation, which began in 2006, was hailed a technical milestone.

In the case of the Yangtze River Delta region, the alluvial plain is prone to subsidence, which is not an ideal geological condition for building high-speed railways.

“If we say building the Qinghai-Tibet railway was like laying tracks on frozen tofu, building the Shanghai-Nanjing railway was working on tender tofu,” he said.

The line was approved by the State Council as part of the plan for railway construction in the Yangtze Delta in 2005 and construction on the project began in 2008.

According to government data, the region, which covers 2.1 percent of the country’s territory, contributed more than 21.4 percent to China’s GDP last year.

Euro banknote and coins are legal tender throughout the euro area.

Each banknote bears a serial number (see left), starting with a country code.

Italy’s code, for example, is the letter ‘S’. It means that Italy (or, to be precise, the Banca d’Italia) asked for the banknote in question to be printed. It does not necessarily mean that Italy printed or issued the banknote. It may in fact have been printed in, say, Germany and then issued in Finland.

The country code is a part of the serial number and has no bearing on the value or quality of the banknote.

The above  is what I stole from the computer of the image designer of our company.  She told me the design is for fun, but I  just love it!  It’s so much like the world today, confusing, anxious and orderless…  but see, our LD-900E is the only reliable stuff here…:)

I’d like to share it with all the esteemed visitors of our website.

As the only type of currency counter that was ORIGINATED FROM CHINA, the back feeding type currency counter (please refer to our models LD-900 series) has always been considered as a low quality machines aiming at low-end market. 

For the first day it came to the market, it was doomed to be related to such words as “cheap”, “low-end” and “undurable” etc.. despite of all the advantages it has,  like the doomed fate of quite many Chinese products.   

Now it is too late to discuss who is to blame for the current position of the back feeding type currency counter, but at least we can sit down and forget about the price and find out the inner beauty of the back feeding type currency counters, such as it’s smooth counting and the capacity for the installation of more sensors for future uses.

In the fairy tale, through the magic wand of her God Mother, the poor Cinderalla changed to a beautiful princess in one second, but for the Cinderella in the banking field,  it would take a long and painful period for the back feeding machine to be well accepted as a middle or high-end machine in the international market.

And we are right now working on it…