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Finances CHINA INTERNSHIP PROGRAM CHECKLIST

CIP_Finances

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Page 1: CIP_Finances

Finances

CHINA INTERNSHIPPROGRAM CHECKLIST

A guide to cost of living, withdrawing money andanything money related for your stay in China

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1. Cost of living

1 AUD = 4.98 Chinese Yuan Reminbi(check http://www.xe.com/)

It is relatively cheap to  live in China. While the cost ofliving depends on how you choose to spend your money,we recommend a budget of 50 RMB per weekday and150 RMB per weekends.

Useful Websites: "How much money will Ineed to cover living costswhile I'm in China" sectionof FAQ pageCost of LivingComparison by Cities onNumbeo:http://www.numbeo.com/cost­of­living/

1. Cost of living

It is relatively cheap to live in China.While the cost of living depends onhow you choose to spend your money,we recommend a budget of 50 RMBper weekday and 150 RMB perweekends. Shanghai tends to havehigher living expenses than Beijingand Shenzhen.

Useful Websites:"How much money will I need to cover

living costs while I'm in China" section ofFAQ page

Cost of Living Comparison by Cities onNumbeo: http://www.numbeo.com/cost-of-

living/

Page 3: CIP_Finances

2. Withdrawing money

Useful Websites:

"China's currency guide"

section of CRCC Asia

website: http://www.crccasia

.com/resources/china­travel­

guide/currency/

Make sure you talk to your bank about your best option ofwithdrawing money. There are lots of ATMs around inChina, but it is always handy to have some cash on hand.

2. Withdrawing moneyThere are lots of ATMs around inChina, but it is always handy to havesome cash on hand. Make sure youtalk to your bank about your bestoption of withdrawing money. Youmay like to explore:

Visa/Credit cardLoad & Go China Card

Cash Passport

• Useful Websites:• "China's currency guide" section of CRCC

Asia website:http://www.crccasia.com/resources/china-

travel-guide/currency/

XE CurrencyConverter: http://www.xe.com/currencyconv

erter/

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2. Withdrawing money

Useful Websites:

"China's currency guide"

section of CRCC Asia

website: http://www.crccasia

.com/resources/china­travel­

guide/currency/

Make sure you talk to your bank about your best option ofwithdrawing money. There are lots of ATMs around inChina, but it is always handy to have some cash on hand.

3. Funding opportunities

Please refer to our website forvarious government, university andscholarship funding opportunitiesavailable in your region. Or simplycontact your closest regional office.

Useful Websites:"Funding" and "Funding

Opportunities" page on CRCC Asiawebsite: http://www.crccasia.com/progra

m-details/prices-dates/funding-opportunities/

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3. Questions?4. Questions?

Send your questions to us, or connect with our alumni ortalk to other interns on our CRCCAsia Pre-Departure Facebook page:

www.facebook.com/groups/crccasia