Currency of Hangzhou, China

China's national currency is the renminbi yuan (¥). There are 10 jiao or 100 fen in a renminbi yuan. Banknotes come in denominations of ¥100, 50, 20, 10, 5 and 1, as well as 5 and 1 jiao. Coins come in denominations of ¥1, 5 and 1 jiao, as well as 5, 2 and 1 fen. Visitors should be aware that China has a big problem with counterfeit ¥50 and ¥100 notes.

There are ATMs in many parts of the city; most accept foreign cards but it's wise to have a card that's been endorsed by an international credit firm such as Diners Club, Access, Visa or AMEX. Currency and traveller's cheques can be exchanged at most banks, at bureau de change counters at the airport and at some of the city's larger hotels.