Money & Currency

China uses the Chinese Yuan (CNY), also known as Renminbi (RMB). The symbol is CNÂ¥. Mobile payment through WeChat Pay and Alipay dominates daily transactions, and many places in major cities no longer accept cash. Foreign visitors can now link international credit cards to Alipay for easier payments. ATMs are widely available at banks and convenience stores, and major international credit cards are accepted at upscale hotels and large retailers.

Essential Tips

1Set up Alipay with your...

Set up Alipay with your international credit card before arriving

Setting up Alipay with an international card takes just a few minutes and will save you hassle at shops, restaurants, and even street vendors.

2Carry some cash for small...

Carry some cash for small vendors, rural areas, and markets

While cash is becoming less common in cities, it remains essential in rural areas and small markets. ATMs at Bank of China branches are the most reliable for foreign cards.

3ATMs at Bank of China...

ATMs at Bank of China and ICBC are most reliable for foreign cards

Currency exchange at airport counters typically carries a 2-3% premium over city-centre bank branches. Plan accordingly.

4Notify your bank before traveling...

Notify your bank before traveling to avoid card blocks

5The exchange rate is approximately...

The exchange rate is approximately 7 CNY to 1 USD (check current rates)

6Bargaining is expected at markets...

Bargaining is expected at markets but not in shops or restaurants

Pro Tips

The quickest way to pay in China is by linking an international Visa or Mastercard to Alipay — the setup takes under five minutes.
Keep ¥100–200 in small bills (¥10 and ¥20 notes) for markets, street food, and taxis in rural areas.
Some tourist sites and subway ticket machines only accept exact change or mobile payments.
Exchange currency at Bank of China branches for the best rates — airport exchange counters charge higher fees.
WeChat Pay is now also opening to international cards, giving you a second mobile payment option.

Frequently Asked Questions

What should I know about money & currency in China?
China uses the Chinese Yuan (CNY), also known as Renminbi (RMB). The symbol is CNÂ¥. Mobile payment through WeChat Pay and Alipay dominates daily transactions, and many places in major cities no longer accept cash.
What is the most important tip for money & currency?
The single most important tip: Set up Alipay with your international credit card before arriving. This alone will save you significant hassle during your trip. See our full list of tips on this page for more detailed advice.
Can I use credit cards in China?
International credit cards (Visa, Mastercard) are accepted at upscale hotels, large department stores, and international restaurant chains, but most everyday purchases in China are made via mobile payment (Alipay and WeChat Pay). Linking your international card to Alipay before arrival is strongly recommended.
Should I exchange money before going to China?
You do not need to exchange large amounts before your trip. ATMs at Bank of China and ICBC branches reliably accept foreign cards and offer competitive exchange rates. Carry a small amount of cash (Â¥500-1,000) for your first day, and rely on mobile payments and ATMs thereafter.
How should I prepare for money & currency before my trip?
Before departing, we recommend: Set up Alipay with your international credit card before arriving. Additionally, carry some cash for small vendors, rural areas, and markets. Preparation before your flight makes everything easier once you land.

Other Practical Info Topics

Internet & VPN

China has the Great Firewall, which blocks access to many Western websites and apps including Google, Facebook, Instagram, WhatsApp, YouTube, and Twitter.

Language Tips

Mandarin Chinese (Putonghua) is the official language and is spoken across the country, though regional dialects like Cantonese, Shanghainese, and Hokkien are also common.

Safety

China is generally considered one of the safest countries in the world for travelers, with very low rates of violent crime.

Health

China has a modern healthcare system in major cities with both public and private hospitals.

Cultural Etiquette

Understanding Chinese cultural customs will enrich your travel experience and help you build meaningful connections with locals.

Weather Overview

China's vast size means enormous climate variation.

Getting Around

China has one of the world's most extensive and modern transportation networks.