What are the real requirements?

The embassy says on their website that you need the following for a tourist L:

4. Proof of your travel insurance. It must cover the duration of your stay in China.

5. Proof of fund requirement. Such as a recent bank statement or a letter from your bank stating your current balance.

6. Employment letter or evidence of stable income.

7. Proof of sufficient funds for the duration of stay, a minimum of USD $100 per day per person.

Do you really need all that as it at least doesn't say so on this website. I've got an EU passport and NZ work visa.