China' mobile payment industry is growing. In 2020, the total transaction value of mobile payments increased to 432 trillion yuan, around 21 percent up from the previous year. That year, there were more than 123 billion mobile payment transactions in the country.
Annual transaction value of mobile payments in China from 2013 to 2020
(in trillion yuan)
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gov.cn. (March 24, 2021). Annual transaction value of mobile payments in China from 2013 to 2020 (in trillion yuan) [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/1060702/china-mobile-payment-transaction-value/
gov.cn. "Annual transaction value of mobile payments in China from 2013 to 2020 (in trillion yuan)." Chart. March 24, 2021. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/1060702/china-mobile-payment-transaction-value/
gov.cn. (2021). Annual transaction value of mobile payments in China from 2013 to 2020 (in trillion yuan). Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/1060702/china-mobile-payment-transaction-value/
gov.cn. "Annual Transaction Value of Mobile Payments in China from 2013 to 2020 (in Trillion Yuan)." Statista, Statista Inc., 24 Mar 2021, https://www.statista.com/statistics/1060702/china-mobile-payment-transaction-value/
gov.cn, Annual transaction value of mobile payments in China from 2013 to 2020 (in trillion yuan) Statista, https://www.statista.com/statistics/1060702/china-mobile-payment-transaction-value/ (last visited June 28, 2022)