The 5.40 yuan stamp is from 1998 China-Germany joint-issue showing The Punning Temple (普宁寺), or Temple of Universal Peace of Chengde in Hebei province.
The Punning Temple is a Qing Dynasty era Buddhist temple complex built in 1755, during the reign of the Qianlong Emperor (1735-1796 AD) to show the Qing's respect to the ethnic minorities. It is located near the Chengde Mountain Resort, and alongside the equally famed Putuo Zongcheng Temple, it is one of the "Eight Outer Temples" of Chengde. Much how the Putuo Zongcheng Temple was modeled after the Tibetan Potala Palace, the Puning Temple was modeled after the Samye Monastery, the sacred Lamaist site in Tibet. The front temple was constructed in the Chinese style, although the temple complex follows both Chinese and Tibetan architectural styles. The Puning Temple also houses the world's tallest wooden sculpture of the Bodhisattva Avalokiteśvara (22.28-meter-high and 110-ton), hence the Puning Temple is often nicknamed the "Big Buddha Temple". The complex features temple halls, pavilions, drum towers and bell towers.
As of 1994, the Chengde Mountain Resort and Chengde's Eight Outer Temples (including the Puning Temple) were established as UNESCO World Heritage Sites. Today, the Puning Temple remains a site of tourist attraction and local festivities.