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Very good location! Several minutes walking distance to the subway Line 5, Wangfujing Avenue and the shopping center, the traffic is very convenient. Checking in the Business room, it is free to use the internet access and coffee bar. In the hall...
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Currency Regulations
Chinese currency is called Yuan or more commonly, Renminbi (RMB).The import of Chinese currency is prohibited, except in the form of RMB traveler's checks, which are available from the Bank of China in Hong Kong. Although there is no limit on the amount of foreign currency that may be brought into China, all foreign currency must be declared to customs upon entry.
The only legal place where foreign currency (cash or traveler's checks) may be exchanged for Chinese currency is the Bank of China. Foreign currency is exchanged for Foreign Exchange Certificates in RMB denominations. The certificates are used just as ordinary RMB is used and are required for all transactions made by foreigners. Keep your exchange receipts to show as evidence if you need to convert Chinese currency back to foreign currency when you depart from China. Buying regular RMB on the black market is illegal, dangerous, and, moreover, impractical - there is almost no place that will accept regular RMB from a foreigner, and it cannot be converted to foreign currency when you leave.
Money exchange facilities are also available at the airports and hotels. Major brands of traveler's checks and credit cards (Visa, Master Card, American Express, JCB, and Diners Club) are selectively accepted by various facilities in China, and a nominal service charge is usually added to the latter. Consult with your bank before departing from the United States to ensure that your brand of check or credit card will be accepted.
     
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