Definition

1. Noun:
   • The standard unit of currency in the People's Republic of China: This term refers to the fundamental monetary unit used within China's financial system. The primary Chinese monetary unit is the yuan (also known as the renminbi).

Examples of Usage

• Noun:
  • The basic Chinese monetary unit is subdivided into 10 jiao or 100 fen.
  • When traveling to Beijing, you will need to exchange your currency for the Chinese monetary unit.

Advanced Usage

• The term "Chinese monetary unit" is often used in formal, economic, or financial contexts when discussing the structure of China's currency system rather than in everyday transactions.
  • The report analyzed the stability of the primary Chinese monetary unit against the US dollar.

Variants and Related Words

• Yuan (n): The primary unit of the renminbi, the official currency of China.
  • One yuan is the largest Chinese monetary unit in common circulation.
• Renminbi (n): The official name of China's currency, meaning "the people's currency."
  • The renminbi is issued in several Chinese monetary units, including yuan and jiao.
• Jiao (n): A subdivision of the yuan; one-tenth of a yuan.
• Fen (n): A subdivision of the yuan; one-hundredth of a yuan (now rarely used).

Synonyms

• Unit of Chinese currency: A phrase with the same meaning.
• Yuan: The specific name for the primary unit.

Related Phrases

• While "Chinese monetary unit" itself is not typically part of phrasal verbs or idioms, it is a key component in phrases like:
  • Base Chinese monetary unit: Refers to the fundamental unit (the yuan).
  • Subsidiary Chinese monetary unit: Refers to the fractional units like jiao.

Noun

1. the monetary unit in the People's Republic of China