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money matters

Updated: 2004-01-07 14:00

Renminbi is the official currency of China.The basic unit is yuan, which notes in denominations of 5, 10, 50 and 100 yuan and notes in values of 1 yuan, 5 jiao and 1, 2 and 5 fen. A yuan is divided into 10 jiao and a jiao is subdivided into 10 fen.

There are two kinds of 100 yuan you may see:

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and

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50yuan

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20 yuan

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10 yuan

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there are also 2 kinds of 5 yuan

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and

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1 yuan

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The fifth generation of RMB 1 yuan not is published since July 30, 2004

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5 jiao

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