Chinese renminbi

The renminbi (Simplified Chinese: 人民币; Traditional Chinese: 人民幣; Pinyin: rénmínbì; literally "people's currency") is the official currency in the mainland of the People's Republic of China (PRC)., whose principal unit is the yuan (Simplified Chinese: 元 or 圆; Hanyu Pinyin: yuán; Wade-Giles: yüan). It is issued by the People's Bank of China, the monetary authority of the PRC. The official ISO 4217 abbreviation is CNY, although also commonly abbreviated as "RMB". The Latinised symbol is ¥.

The two special administrative regions, Hong Kong and Macau, have their own respective currencies. According to the one country, two systems principle and the basic laws of the two territories, national laws generally do not apply. Therefore, the Hong Kong dollar and the pataca remain the legal tenders in the two territories, and renminbi, although accepted, is not legal tender.