In an effort to sabotage the economy, Japanese forces forged local currency and Nationalist government currency and circulated them in the Shanxi-Chahar-Hebei Border region. The Border Region Bank established currency comparison offices in each county and district to oppose the Japanese counterfeit effort. On 23 October 1944, the region's Administrative Committee issued its Directions on Fiscal Matters, strengthening banking institutions, financial operations, and officially establishing the Central Hebei Printing Press to print currency.
Land policies CCP
land policies were more moderate than during other periods, focusing on rent and interest rate deductions. Implementation of these reforms accelerated following 1943. Following the May 4, 1946
Instructions on Land Issues issued by the CCP, instructions for implementing the instructions in the Shanxi-Chahar-Hebei Border Region stated that the intent was to achieve land to the tiller rather than equal redistribution. In April 1947, the Shanxi-Chahar-Hebei Border Region began a Land Reinvestigation Movement in which poor peasant mass organizations investigated and adjusted the results of land distribution during the Second Sino-Japanese War. During this Land Reinvestigation Movement, it was mandated that landlords could not be completely dispossessed of land unless they had collaborated with the Japanese invaders or defected to the Nationalists. It was also mandated that the interests of middle peasants could not be violated. Concluding that most peasants were satisfied with the land they had received and that some were even concerned about further mass land reform campaigns because of their radical turns in the past, in June 1948, the CCP ended land reform in the Border Region and in northern China generally with the exception of an area of approximately ten million people. == Media ==