1950年发行的人民胜利折实公债,是新中国成立后发行的第一笔国家公债,也是唯一一次折实公债,是国家克服当时困难、稳定金融物价的重大举措.第一期全国发行1万万分,上海承担了其中的3000万分,占华东的2/3,占全国的近1/3的份额,而这主要是由上海私营工商业者承担的.上海私营工商界响应政府号召,努力克服自身暂时的困难,顾全大局,积极认缴公债,表现了他们的爱国主义精神. The victory of the People’s Republic of China issued in 1950 was the first national bond issued after the founding of People’s Republic of China and the only time that the bond was devalued. This was a major measure for the country to overcome the current difficulties and stabilize the financial prices. Shanghai took 30 million of these, accounting for two thirds of East China, accounting for nearly one-third of the country’s share, which was mainly borne by privately-owned industrial and commercial players in Shanghai. Shanghai’s private sector responded with the government’s call and tried hard to overcome Temporary difficulties, taking into account the overall situation, actively subscribe for public debt, demonstrated their spirit of patriotism.