Currency

yuán (元; ¥)

Daily Costs

Budget: Less than ¥200

  • Dorm bed: ¥40–60
  • Food markets, street food: ¥40
  • Bike hire or other transport: ¥20
  • Free museums

Midrange: ¥200–1000

  • Double room in a midrange hotel: ¥200–600
  • Lunch and dinner in local restaurants: ¥80–100
  • Drinks in a bar: ¥60
  • Taxis: ¥60

Top end: More than ¥1000

  • Double room in a top-end hotel: ¥600 and up
  • Lunch and dinner in excellent local or hotel restaurants: ¥300
  • Shopping at top-end shops: ¥300
  • Two tickets to Chinese opera: ¥300

Bargaining

Haggling is standard procedure in markets and shops (outside of department stores and malls) where prices are not clearly marked. There's no harm in coming in really low, but remain polite at all times. In touristy markets in Shànghǎi and Běijīng, vendors can drop as low as 25% of the original price.

Money

Bank of China Forex and 24-hour ATM.