Insight Report 7 minutes Premium

International Travel in China: New Competition as WeChat Pay and Alipay Accept Foreign Payment Cards?

What's Inside

Following 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:

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