A most interesting panel on the reverse explains that the twenty characters encircling the depiction can be read as a continuous poem in forty different ways, depending on whether it is read clockwise or counter-clockwise, and on which character one starts with

For a very similar bottle with identical scene and calligraphy see Sotheby's New York, Fine and Important Snuff Bottles from the Collection of Bob C. Stevens, Part II, March 26, 1982, lot 57