The basic unit is RenMinBi (RMB), also called Chinese Yuan (CNY) in written form. Notes issued by People’s Bank of China have denominations of RMB1, RMB5, RMB10, RMB50 and RMB100.
One RenMinBi or One Yuan can be divided into 10 Jiao and 100 Fen. Travellers Cheques & Cash can be changed at most hotels and the rates are standardised daily by government.
Tipping
Tipping is expected though not compulsory. If you are happy with the services provided by your guides, drivers and your tour leader, a tip is appropriate. Whilst tipping may or may not be customary to you, it is an entrenched feature of the tourism industry cross China. As a general guide, please allow for 10 USD per day per traveller
(for guide and driver).
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