payment facilitation in progress for foreigners in china
author:rong rong and zhang manjing
the surge in foreigners traveling to china underscores the country's ongoing commitment to promoting high-standard openness and fostering greater interactions between chinese citizens and international visitors. this year, to facilitate easier travel, work, study, and living conditions for foreigners in china, various departments have introduced numerous supportive policies. a crucial aspect of these efforts has been addressing barriers in payment services for foreigners in china. significant progress has been made to ensure swift payments.
china forex reporters conducted on-site visits at several popular tourist and shopping destinations in beijing. the findings revealed that whether through cash payments, card payments via pos machines, or mobile payments, both the "hardware" and "software" for payments by foreigners have significantly improved, making the payment process smoother. these positive changes are driven by the optimization and innovation of business processes and product functionalities by banks and payment institutions. additionally, the continuous efforts and initiatives of foreign exchange administrators, guided by the principles of promoting convenience and enhancing openness, have played a pivotal role.
