Google launched Android Pay yesterday in Hong Kong to speed through purchases in stores and in apps.
Visa
Chinese Tourists Spent Over US$30 Billion in Japan in 2015
The total number of 19.74 million foreign tourists visited Japan with a total consumption of 3.47 trillion yen (US$0.03 trillion) in 2015 according to Japan Tourism Organization. China was the largest inbound travel market of Japan in 2015.
China Travel Market Reached 127 Million in H1 2015
In H1 2015, the total number of outbound and inbound tourists in China reached 127 million, with an increase of 9.8% year over year according to China Tourism Academy. The number of inbound tourists reached 65.1 million, with a YoY increase of 4.5%, which exceeded outbound tourism (61.9 million visitors) by 3.2 million. After several years […]
China UnionPay Surpassed VISA in Transaction Value in Q1 2015
In Q1 2015, China UnionPay’s total transaction value exceeded USD$1.9 trillion globally according to the latest data, which also means China UnionPay surpassed VISA for the first time in transaction value, becoming the biggest card liquidation organization in the world. According to the financial report of VISA, the total transaction value of VISA was USD$1.75 […]
China Inbound Tourism Industry Overview
China Tourism Academy’s latest report shows total revenue generated from China inbound tourism market reached $51.646 billion with an increase of 3.27% year on year, ranking 4th in the world, following America, France and Spain in 2013. China received 129.0778 million foreign travelers with a decrease of 2.51% YoY, ranking 4 in the world, following […]