ARC expires within 6 months, still possible to apply for a transit visa to China?

Hi,

I´m a Swedish exchange student. I´m planing to visit a friend in Shanghai for 3 days and after that will I fly back to my home country (I will leave my ARC at Incheon when I leave for Shanghai). My ARC will expire within 6 monts, can I still apply for a transit visa?

Thanks in advance!