I am dutch citizen can I apply for china visa - time required - cost

Multiple entry visa is the visa that allows entering China multiple times within the visa validity period. It is not a visa type, it is just a mark of "M" on the visa showing the permitted entry times of the visa (say F visa) is multiple.

Tourist visa (L-visa) is issued to a foreign citizen who comes to China for tourist purpose, family visit or other personal affairs.

Business Visa (F-visa) is issued to a foreign citizen who is invited to China for visit, research, lecture, business, exchanges in the fields of science, technology, education, culture and sports, or attending various kinds of trade fairs or exhibitions, or short-term study, intern practice, for a period of no more than six months.

There are differnet requirements about F visa and L visa.