Job Recruitment Website - Immigration policy - Is there any restriction on changing US dollars into RMB in Chinese mainland? Is there a limit for RMB to US dollars?

Is there any restriction on changing US dollars into RMB in Chinese mainland? Is there a limit for RMB to US dollars?

1, each person can exchange the equivalent of 50,000 US dollars in foreign exchange every year, without providing any supporting documents.

2. The condition that the income of investment immigrants from selling their own property is converted into foreign exchange for overseas transfer is that this part of income can be freely remitted abroad after paying taxes according to the Individual Income Tax Law of People's Republic of China (PRC).

3. Converting foreign exchange speculative income into foreign exchange involves capital account management. At present, China is not open, so it cannot legally exchange foreign exchange.