About China
China, one of the four oldest civilizations in the world, has a written history of 4,000 years and boasts rich cultural relics and historical sites. It is the inventor of compass, paper-making, gunpowder and printing. The Great Wall, Grand Canal and Karez irrigation system are three great ancient engineering projects built 2,000 years ago. Now they are the symbols of the rich culture of the Chinese nation. China has gone over a long history of primitive society, slavery society, feudal society and semi-feudal semi-colonial society and the present socialist society.
With a broad area, China’s topography is very complex. The outline descends step by step from the west to the east. Mountains and hilly land take up 65 percent of the total area. There are five main mountain ranges. Seven mountain peaks are higher than 8,000 meters above sea level. The Bohai Sea, East China Sea, Yellow Sea and South China Sea embrace the east and southeast coast.
Chinese Money is called Renminbi (RMB) (means “People’s Currency”). The popular unit of RMB is yuan. The official exchange rate between U.S. Dollar and Renminbi Yuan currently is about 1 : 8.3 (1.00 Dollar = 8.30 Yuan). 1 Yuan to 10 Jiao, 1 Jiao to 10 Fen (There are parts of China the Yuan is also known as Kuai and Jiao is known as Mao. Chinese currency is issued in the following denominations: one, two, five, ten, fifty and a hundred Yuan; one, two and five Jiao; and one, two and five Fen.