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Exchange RMB for USD at Pudong Airport the rule for forex in china is simple. -for Chinese citizens (those with china ID card) they are able to exchange CNY/RMB into forex currency up to the value of US$50,000 per year. They simply need to produce the cash, their Chinese ID card, and complete a document and the transaction will happen, without needing any other supporting evidence. -for Foreigners there are several ways to exchange CNY/RMB into forex currency. ..1st way is if the foreigner has previously exchanged forex currency into CNY/RMB then they can convert back (CNY/RMB into forex currency) by providing the transaction receipt from the previous transaction ..2nd way is for foreigner legally working in PRC with "Z" /temporary residence visa. must provide passport, tax receipts, copy of business license, copy of employment contract, along with other documents and complete the bank form ..3rd way is to use unofficial methods... "golden cow" ..4th way is to ask a local (Chinese with China ID card) to do the exchange, since they only need provide their ID card and complete the bank document... this is the easiest way IMO. keep in mind that TIC and therefore not all banks in all regions or cities/towns in China can handle forex. having a bank account with one bank in one city may not give you access to that account in another city or province. also that things are in a constant state of flux and one rule today may not be the same tomorrow or elsewhere. think of each town, city, province as a seperate country within China, with differing rules and interpretations of central government rules and regulations. to exchange forex currency into CNY/RMB is easy and simply involves going to almost any bank, with passport and cash, but not when comes to exchange CNY/RMB into forex. the central theme is that the CCP wants to tightly control forex and capital in general. China seeks investment into the country, not out of it.... |
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Exchange RMB for USD at Pudong Airport the rule for forex in china is simple. -for Chinese citizens (those with china ID card) they are able to exchange CNY/RMB into forex currency up to the value of US$50,000 per year. They simply need to produce the cash, their Chinese ID card, and complete a document and the transaction will happen, without needing any other supporting evidence. -for Foreigners there are several ways to exchange CNY/RMB into forex currency. ..1st way is if the foreigner has previously exchanged forex currency into CNY/RMB then they can convert back (CNY/RMB into forex currency) by providing the transaction receipt from the previous transaction ..2nd way is for foreigner legally working in PRC with "Z" /temporary residence visa. must provide passport, tax receipts, copy of business license, copy of employment contract, along with other documents and complete the bank form ..3rd way is to use unofficial methods... "golden cow" ..4th way is to ask a local (Chinese with China ID card) to do the exchange, since they only need provide their ID card and complete the bank document... this is the easiest way IMO. keep in mind that TIC and therefore not all banks in all regions or cities/towns in China can handle forex. having a bank account with one bank in one city may not give you access to that account in another city or province. also that things are in a constant state of flux and one rule today may not be the same tomorrow or elsewhere. think of each town, city, province as a seperate country within China, with differing rules and interpretations of central government rules and regulations. to exchange forex currency into CNY/RMB is easy and simply involves going to almost any bank, with passport and cash. |
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Hangzhou Bay Bridge - Just a Bridge more pictures of the bridge can be seen on www.ningboguide.com or www.helloningbo.com whiles its of huge significance to both sides of the bridge, for sure its been a big news item on the southern side. it should be noted though, that the two ports intend to co-operate rather than compete, and there has been some headway in that regard. beiluns port (35km southeast of ningbo city) is the largest natural deep water port in china and can take the largest container vessel that plies the worlds oceans the Emma MEARSK. whereas yangshan port has to be dredged to allow it receive some of the larger vessels. the development seen in this part of zhejiang is not as a simple result of the bridges construction itself, but is a consequence of multiple factors, highly influenced by the port operations and the dramatic upsurge in manufacturing by both domestic and foreign enterprises that have taken up position in Zhejiang, significantly around the ningbo region, that has taken place within this part of zhejiang. the bridge has shaved more than an hour from the journey, and not added to much in the way of toll fees between here and there. environmentally its had a significant impact however. such is progress TIC! the area still under construction midway on the bridge as shown in the photos Jian posted, is actually a layby area, fuel, food, rest etc. |
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Third Day in Nanyuan Hot Spring Hi Jian Shuo Wang, glad you found this place, as a avid motorcycle rider and driver living in Ningbo for the past 2 years + after having lived in a few cities in China and traveled to many others in my more than 6 years here on the mainland (2 of them living in SH). Nanyuan hot prings is just one of the many hidden spots here in Zhejiang, that I have travelled to many times. If you had time and care to meet up, with myself and a few others for a drink and discussion over anything, everything and nothing, then send me an email, I'm always free... be nice to "see" the guy behind the blog for real. hope you get a chance to see more of what makes this area so much better than the smog & people filled cityscape of Shanghai ;) cheers D. |
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Chinese Car Plate Jian Shuo Wang interesting facts about the vehicle license plates. especially interesting is the complete list of all cities, towns and areas. wonder though if you could add a little information concerning the plate colours, which might also be useful to some readers. As Sean states there are special characters for certain vehicles or persons, but these are also reflected by the colour of the plate itself, like the example you gave for 'military' (the symbol is in red), which are customary on a white plate while the rest of the numerals and letters are black. |