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China (CN)

China is one of the world's largest economies and most important expat destinations, combining global business hubs such as Shanghai, Beijing, Shenzhen, Guangzhou, and Hangzhou with deep history, fast infrastructure, and a highly digital daily-life ecosystem.

Capital: Beijing
Region: Asia
Language: Mandarin Chinese
Currency: CNY (RMB)
Cost of living: Affordable (index 50)
Emergency: 110
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Currency & Money

Practical money tips for living in China.

RMB
Renminbi yuan
CNY

Denominations

Notes: 1, 5, 10, 20, 50, 100 yuan. Coins: 0.1, 0.5, 1 yuan. Digital payments dominate daily life.

Payment Culture

China is mobile-payment first. Alipay and WeChat Pay are essential for taxis, restaurants, utilities, food delivery, trains, and many small shops. Cash remains legal but some merchants struggle to make change.

ATM Tips

Use ATMs at major banks such as ICBC, Bank of China, China Construction Bank, Agricultural Bank of China, or China Merchants Bank. Keep the receipt and choose machines inside branches where possible.

Exchange Tips

Bring some cash for arrival, then use a Chinese bank account for domestic life. International transfers usually require bank paperwork and proof of tax-paid income.

Pro tip: Best apps for expats

  • • Wise — Send money internationally at near-interbank rates
  • • Revolut — Multi-currency account, free ATM withdrawals (limits apply)
  • • N26 — German IBAN, free account, good for EU residents