The value basis is the value of various commodities.
The value basis of RMB represents the value of something that plays the role of general equivalents in the field of circulation.
The yuan directly represents the value of various commodities.
Some people say that the value of the renminbi is based on gold and has historical inheritance.
The price system of RMB is formed on the basis of the previous price system. Although the gold content of RMB is not stipulated, from the perspective of the balance of payments, the value of RMB is determined to be based on gold.