Insight Report 7 minutes PremiumInternational Travel in China: New Competition as WeChat Pay and Alipay Accept Foreign Payment Cards? Echo Gong, Senior Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 16, 2023 What's InsideFollowing Alipay’s and WeChat Pay’s announcements that they will allow international (non-Chinese) payment cards to be linked to their payment systems for the first time, we assess how these new payment systems announced by WeChat Pay and Alipay will unlock international tourists’ spending, affecting both Chinese and international retailers. Data in this research report are: International and domestic flight volumes in China, current vs pre-pandemic Pre-pandemic international travelers’ reasons for visiting China Main attractions for pre-pandemic international travelers Other relevant research: Read our China Consumer Tracker reports for weekly insights into consumer behavior Key Festivals and Holidays for Promotional Campaigns in China in 2023: Calendar Retail 2023: 10 Trends in China E-Commerce Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Shoptalk 2024 Day Four: Innovation for Innovation’s Sake?July 2023 US Housing Market Indicators: Third Consecutive Month of Strong Sales Growth for New HomesRetail Around the World: Coresight Research Observations, January 2023Weinswig’s Weekly: Announcing a New Research Product for Coresight Research Subscribers
