In the first half of 2024, Shenzhen recorded 66.8 million noncash payment transactions by foreigners, amounting to 8.7 billion yuan (US$1.2 billion). This represents an 85% year-on-year increase, according to data from the People’s Bank of China Shenzhen Branch, as reported by Shenzhen Special Zone Daily. Shenzhen has enhanced the payment experience for foreigners, facilitating...
