The centennial of Chinese postage stamps fell in 1978. To commemorate this significant postal event, to advance friendship and goodwill among the people of the world, and to promote philatelic activities, the 〝1978 Philatelic Exhibition Commemorating the Centennial of China’s First Stamps〞(ROCPEX TAIPEI ’78) took place from March 20 to 29, 1978. The Exhibition was organized jointly by the Dr. Sun Yat-sen Memorial Hall and this Directorate. In conjunction with the Exhibition, an issue of stamps was released on March 20, 1978, the Postal Day-also the opening day of ROCPEX TAIPEI ’78.
The 2.00 stamp depicts the site of the Exhibition-Dr. Sun Yat-sen Memorial Hall. The 10.00 stamp has as its main design two prior stamps, one each of the Large Dragon Issue and the New Year’s Greeting Stamp of 1977 (a painting of horses), symbolizing the energetic spirit of dragons and horses.