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 This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Retail-Tech Landscape: Retail MediaInnovator Profile: Frate Reduces the Impacts of Retail Returns on Profitability and the EnvironmentRetail 2024: 10 Trends in China RetailCommerceTech Power List 2023: Unveiling the Innovators Shaping the Future of Retail
