| Currency, notes and currency exchange
The official Chinese currency is yuan, or RMB.
Please take some cash with you! Credit cards are accepted at most big Chinese stores and supermarkets, but not small shops. Coins are also handy, as many automatic vending machines take coins. The price level in Guangzhou is rather low compared to the West, so usually you'll get more for your money.
Check the exchange rate at this Website.
Money Exchange
Foreigners can change foreign currencies in banks with their passports. You can change the left RMB into the home currency back at the time of exit within six months against the original exchange memo issued by the bank of China and the passport.
Traveler's Check
Types of Traveler's Checks for Cashing
Thomas Cook and Barclays of the U. K., American Express and City bank of the United States, and traveler's checks issued by such Japanese banks as Sumitomo Bank, the Bank of Tokyo-Mitsubishi, Ltd and Fuji Bank.
Cashing Procedures
1. In cashing a traveler's check, the client shall produce his or her own valid passport or pass for travel between the mainland and Hong Kong, Macao and Taiwan, and the purchase agreement.
2. The client needs to countersign the traveler's check in the presence of the paying cashier immediately and the countersignature shall be consistent with the initial signature.
3. Filling in the exchange memo: the contents filled in are identical to that for the exchange memo of foreign currencies in cash.
4. Having to pay advances in cashing a traveler's check, our bank will, when converting the traveler's check into cash or deposit, deduct a discount interest at the rate of 7.5 per thousand of the face value and make the payment in the currency of the face of check.
For more details, click here.
Price Level
Food |
Local fast food |
5 – 8 yuan |
Snacks from street vendors |
2 – 10 yuan |
Macdonald set meal |
25 yuan |
Meal at local restaurant |
15 – 30 yuan |
Meal at restaurant downtown |
60- 100 yuan |
Meal at Western food restaurant |
100 - 150 yuan |
A cup of Starbuck's cappuccino |
25 yuan |
One pack of Marlboro |
13 - 15 yuan |
Food in China is very cheap. So is in Guangzhou. However a wide range of scales of restaurants and vendors can make the price a big difference. There are canteens on campus where you can get a meal around RMB10. Restaurants around campus will be generally cheaper than those in downtown. With RMB25-30/person and order in a group, you can get a big table of food and probably with lots of left-over when you finish. For a good meal you are going to have downtown, RMB100 can bring you a rather fine meal. Western and other styles of food are generally more expensive than local food.
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Transportation |
Subway
Public bus
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2 – 5 yuan
2 yuan
|
Floor price for Taxi for 2.3 kilometres
/ succeeding kilometres
|
7 yuan
2.6 yuan /kilo
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Ferry to cross the Pearl River |
0.5 yuan |
Guagnzhou – Shenzhen fast train |
70 yuan |
Guangzhou – Hong Kong direct bus |
80 yuan |
Guagnzhou – Hong Kong direct train |
210 yuan |
Guangzhou – Hong Kong by boat
|
170 yuan |
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Sightseeing |
AG organizes excursions to the main attractions in Guangzhou. If you wish to organize some trips by yourself, admission tickets to museums are usually from 10 – 15 RMB. Some of public parks charge 4RMB admission fee.
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Entertainments |
Guangzhou has a wonderful nightlife and recreation industry. Here are some average costs for some activities:
Billiards--Pool and Snooker: About 1.5 US dollars per hour and free at some pubs.
Internet: From 0.5 to 1.2 US dollars per hour--very cheap!
Bowling: 3-4 US dollars per game.
Basketball, Soccer: Free, just the cost of the ball.
Badminton: Free, just the cost of the rackets and shuttlecock.
Tennis: About 2.5 US dollars per hour for the court.
Beer: On tap, just under 1 US dollar per glass. |
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