China to issue commemorative coins for Belt and Road Forum

BEIJING - The People's Bank of China, the central bank, will issue a set of gold and silver coins on Monday commemorating the upcoming Belt and Road Forum for International Cooperation on May 14 and 15.

Consisting of one gold coin and two silver, the set will be legal tender in China, the central bank said in a statement.

The front side of each coin features China's national emblem, along with the country name and the year of issuance.

The 3-gram gold coin, with a face value of 50 yuan ($7.26), features the forum's logo, the Chinese and English names for the forum and lotus decoration on the reverse side.

The 30-gram and 15-gram silver coins, with face values of 10 yuan and 5yuan, will also have the forum's logo and full name in both languages, but with different decoration patterns on the reverse sides, according to the statement.