 The candareen was also formerly used to describe a unit of currency in imperial China equal to 10 li () and is of a mace.The Mandarin Chinese word "fēn" is used to denote of a Chinese renminbi yuan but the term "candareen" for that currency is now obsolete.On 1 May 1878 the Imperial Maritime Customs was opened to the public and China's first postage stamps, the "Large Dragons" (), were issued to handle payment.