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Consumer Tips
Updated：2008-03-13
By：
RMB know-how -- The currency in
common use in Beijing is RMB. Prior to your visit, don't forget to have a basic
knowledge of RMB. RMB has 13 surface values altogether, including 100 yuan, 50
yuan, 20 yuan, 10 yuan, 5 yuan, 2 yuan, 1 yuan, 5 jiao, 2 jiao, 1 jiao, 5 fen, 2
fen and 1 fen.
Exchange rate know-how -- In Beijing, you can exchange your national currency
to RMB at the Bank of China. The exchange rate often varies according to the
market conditions. The following exchange rates are just for your reference.
100 USD = 717.63RMB
100 EUR = 1050.36RMB
100 GBP = 1412.94RMB
100 HKD = 92.000 RMB
100 AUD = 640RMB
100 JPY = 6.649RMB
100 KRW = 0.8RMB
100 Swiss Francs = 630RMB
100 SGD = 500RMB
100 CAD = 685RMB
100 NZD = 570RMB
100 MOP = 96RMB
100 THB = 22RMB
Credit card service -- The swiping services are available at most of the
consumption places like the large shopping malls or dining halls of Beijing.
However, cash shall be carried along during your visit to the small stores or
restaurants. In the course of Beijing 2008 Olympic Games and Paralympics, as the
payment card provider to provide the Olympic services, Visa starts the Visa
Service Center (VSC) to provide the multi-linguistic emergency services and
everyday assistance for the card holders. Within the Olympic venues and
non-competition venues, including the International Press Center, the
International Broadcast Center and the Olympic Village, the ATM network and POS
machines are installed to facilitate the RMB withdrawal by domestic and foreign
spectators.
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