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General Information

Passport and Visa

You will need a valid passport and visa for attending the 2017 MIT Asia Conference in Accounting. We recommend that you apply for a tourist visa.

You may apply for a tourist (or a visitor’s) visa at a Chinese Embassy, or at the nearest consulate general. It may take a few days or weeks to get your visa. For detailed information, please contact your local Embassy or Consulate.

The conference recommends that you apply for a tourist visa (no longer than 15 days). The Chinese government requires an invitation letter for a tourist visa (as well as a business visa). The procedure to get a tourist (and business) invitation letter from Shanghai Advanced Institute of Finance (SAIF) is the following:

Note: Since it will take two weeks to issue an official invitation letter for Visa application, we advise that you complete all forms before June 1, 2017.


Hangzhou is located in a humid subtropical climate, and thus has both plentiful rainfall and sunshine. The average is 17° C (63° F) in Hangzhou. However, weather in July can reach a high of 33° C (91° F) with lows around 25° C (77° F). Summer months tend to be particularly humid and can experience a great deal of rain. Summer clothing as well as proper rain gear are advised for time of the visit.


Electricity is supplied at 220V, 50Hz in China.

Currency Exchange

In China, RMB is the only accepted currency. However, exchange centers can be found at airports, most hotels, and in large shopping centers. The current exchange rate is about US$ 1 = RMB 6.92. When exchanging money, please keep your receipt by which you can change any remaining RMB back to foreign currency when leaving China. Visa and Master Credit Cards are accepted in many department stores and hotels.

The Bank of China and most hotels will cash travelers’ checks issued by any major foreign bank or financial institution for which you must show a passport and pay a 0.75 percent commission. Travelers’ checks signed over to a third party cannot be cashed in China, but can be presented for collection through the Bank of China.

Please note: On-site registrations will be accepted on a space-available basis and must be paid via credit card.

Reconfirmation of Air Ticket

International travelers should reconfirm airline tickets 72 hours prior to departure. Travelers can do so by calling the airline carrier offices. Please note that these offices are typically not open on weekends.


To protect yourself and your personal belongings while you are traveling in a foreign country, it is your responsibility to obtain adequate travel and health insurance before leaving your own country.