will PSB issue a document so that i will be able to stay in Hotels or travel By train ?

I am a Sri Lankan on the process of Applying for Resident permit as a businessman in the sector of foreign investor joint venture with China partners , when i enter to China, i understand that i need to take a Police report and other medical reports advised by PSB, but just after i start the process, i need to go out to an other city in the mainland for 5 days, so my questions are,
Will the PSB take my passport at the time of handing over the all certificates to process ( as the total process takes 14 days minimum ) ?