According to data provided by Guangdong police, in 2016 there were more than 11,840 cases of economic crimes, an increased of 12.15% year on year. Over 30,000 suspects were arrested.

According to data provided by Guangdong police, in 2016 there were more than 11,840 cases of economic crimes, an increased of 12.15% year on year. Over 30,000 suspects were arrested.

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Photo:Gdtoday


Policeman have undertaken teaching people how to distinguish real RMB bank notes from counterfeit money. Here are some tips from the police:

1

Due to the color-changing ink, the color of “100” will change from golden to green when the angle is adjusted from perpendicular to horizontal.

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2

In the same way as the color-changing of “100”, the line on the right side of the bill will changed from red to green. Furthermore, you can see ‘¥100’ in the middle of the line.

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3

On the new version of 100-yuan note, the face of chairman Mao, the national emblem, ‘People’s Bank of China’, the number in the upper right-hand corner, braille alphabet and Great Hall of the People are textured.

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4

You can check the serial number in two places on the note. One is the lower left with first four red letters and numbers. The other is in the lower right with blue letters and numbers.

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5

The offset printing not only moves to lower left from the middle left, but also changes from ancient Chinese coin to “100”.

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Guangdong police reminds that it is illegal to exchange money at illegal private bank. Instead, People should exchange money at the regular bank. According to state the regulations, expats with regular job can exchange currency at official banks, such as the Bank of China and China Construction Bank. 

Please remember that you should bring certificate of employment, certificate of salary, tax certification and other documents (requirements are varied from bank to bank) to the exchange counter. 

Typically, each expat can exchange a maximum 50,000 USD per year, although each bank may have different limitation.

Source:GDtoday南方英文网

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