Economy of Hungary city competitiveness ranking by EIU, Budapest is ranked above Tel Aviv, Lisbon, Moscow and Johannesburg, among others. Hungary maintains its own currency, the Hungarian forint (HUF), although the economy fulfills the Maastricht criteria with the exception of public debt, but the ratio of public debt to GDP is significantly below the EU average at 75.3% in 2015. The Hungarian National Bank—founded in 1924, after the dissolution of Austro-Hungarian Empire—is currently focusing on price stability with an inflation target of 3%. In the age of feudalism the key economic factor was land. The new economic and social orders created private ownership
Yuan (currency) Yuan (currency) The yuan (; sign: ¥; ; ) is the base unit of a number of former and present-day currencies in Chinese. A "yuan" () is also known colloquially as a "kuai" (; originally a lump of silver). One "yuan" is divided into 10 "jiao" () or colloquially "mao" ( "feather"). One "jiao" is divided into 10 "fen" (). Today, it usually refers to the primary unit of account of the renminbi, the currency of the People's Republic of China. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard