The official currency in China is the Renminbi (RMB)or "people's currency."the basic unit is the yuan (also known as "kuai"),which equals 10 jiao (or "mao"), which is then divided into 10 fen. Paper currency comes in 1, 2, 5, 10, 50 and 100 yuan notes. Paper jiao come in denominations of 1, 2, and 5. There are also 1 and 2 fen notes, but these are rarely used as their purchasing power is exactly zero. As for coins, there are 1 youan ,1 and 5 jiao, and 1, 2, and 5 fen(ahain, the fen are basically useless).
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Before you travel to China, you need a valid visa to entry China. "L" Visa is issued to an alien who comes to China for sightseeing or visiting family members/friends.
A tourist visa, issued to aliens who come to china for sightseeing and visiting relatives, is marked with "L" in the many kinds of Chinese visas. Visa L is characterized by a short duration of stay, usually 30 days, no more than 90 days, and could not be extended upon expiration.
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