China Internet Watch

China Internet Stats, Trends, Insights

China Mobile Payment Exceeded $3 Trillion in 2014

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On 12 February 2015, People’s Bank of China announced China’s Payment Market Report 2014. The report showed in 2014, the total transaction volume and value of non-cash business were 62.752 billion and RMB1,817.38 trillion (US$294.70 trillion) with YoY growth rate of 25.11% and 13.05% respectively.

E-banking Replacing Over 80% of China’s Banking Transactions

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In 2013, transaction volume of China commercial banks exceeded 124.54 billion with e-banking replacement rate of 79%. China commercial banks are now focusing on mobile payment and it is estimated that they will be transformed into the mechanism based on e-bank online payment, assisted by phone payment, self-service terminal, WeChat payment banks and various e-channels in […]

China Mobile Banking Users Increased by 50% YoY in 2014

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China e-banking service is developing rapidly, especially mobile banking service. In 2014, mobile banking users increased by 50% from the same period of prior year. However, online banking still dominates the e-banking service in terms of safety. 72% e-banking users consider online banking the safest according to China Financial Certification Authority (CFCA).

China Top 10 Banking Service Brands by Online Ad Spend in July 2014

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In July 2014, total online advertising spend of banking service brands exceeded RMB74.98 million (US$12.21 million) in China. Among all the banking service brands, China Communication Bank spent RMB19.36 million ($3.15 million) in online advertising in July, ranking first, followed by Industrial and Commercial Bank of China and China Construction Bank according to data from […]

Chinese Credit Card Holders Preferred Offline Service (4 Part Series)

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This is part 3 of a series of posts that walk you through a variety of stats on China credit card users. Part 1, Part 2, Part 4. In the past year, Chinese consumers preferred to open a credit card offline, and 43.3% users went to bank branches according to iResearch. Another popular method was […]

82% Chinese Netizens Held Credit Cards (4 Part Series)

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This is part 2 of a series of posts that walk you through a variety of stats on China credit card users. Part 1, Part 3, Part 4. Chinese credit cards market is prosperous, the number of credit card holders increased greatly from 2012 to 2013. According to iResearch, Chinese netizens credit card penetration reached 82% […]

China BTC Registered User Over 200 Thousand by Dec 2013

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Bitcoin’s price has been surging crazily in the recent, it hit an apex of USD 1,240 on December 5 2013. Early in January this year, Bitcoin’s price was USD 13. Chinese buyers played an important role in the surging of Bitcoin. BTC China daily transaction ranked top in the world, even some taobao sellers accepted […]

Mobile App Monthly Active Accounts of China’s Major Banks in Oct 2013

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According to Enfodesk, CCB(China Construction Bank) had 4 million monthly active accounts in October 2013, with 3.7 monthly using times. Followed by ICBC(Industrial and Commercial Bank of China), with 1.564 million active accounts and 3.3 using times. ABC(Agricultural Bank of China) ranked the third with 1.375 million active accounts and 4.9 monthly using times. BOC(Bank […]

China Mobile Banking App Downloads in Sep 2013

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Enfodesk collected its data from major iPhone and Android software download sites, by the end of September 2013, CCB (China Construction Bank) ranked top with 62 million downloads, followed by ICBC (Industrial and Commercial Bank of China) and Bankcomm(Bank of Communications).

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