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Economic Watch: Foreign firms vying to explore Chinese market
Air Products, a world-leading supplier of gases for industrial uses, has announced that it will open a new Asia hydrogen energy application and R&D center in east China's Zhejiang Province, during the ongoing sixth China International Import Expo (CIIE) in Shanghai.
November10,2023
Guangzhou subway accepts international contactless bank cards
The metro system in Guangzhou, capital of south China's Guangdong Province, began accepting contactless payments with major international bank cards of Mastercard, American Express, Visa and JCB, on Sunday.
October13,2025
Beijing issues prepaid cards for international visitors
The Chinese capital introduced the Beijing Pass, a multi-purpose card for international visitors, on Wednesday, facilitating their payment for transportation, tourist sites and shopping centers.
August01,2024
Shanghai issues prepaid travel cards for inbound travelers' convenience
Shanghai has released Shanghai Pass, a multipurpose prepaid travel card, to facilitate easy payment by inbound travelers and other visitors not in favor of mobile payment.
May22,2024
How to use your bank card to ride Chengdu Metro
Starting July 28, international travelers can use Visa, Mastercard, Amex, and UnionPay to ride the Chengdu Metro. Just tap and go. Multi-language support and bilingual service counters make your trip even easier.
July30,2025
Vying measures launched across China for new stage of opening-up
Recently, Hainan, Beijing, Shanghai, Zhejiang, Liaoning, Ningxia and Guangdong have vied to launch specific opening-up measures with focuses on further liberalization of finance industry, transformation and upgrading of industries.
May28,2018
UnionPay cards to be issued in Europe
UnionPay International, a subsidiary of China's UnionPay, the country's largest bank card payment processor, announced Monday that it has entered into strategic cooperation with the Portuguese bank, Banco Comercial Portugues (BCP).
November21,2017
China's leading hotel group vying for high-end market
China's leading hotel firm BTG Hotel Group announced on Tuesday that it has completed business integration after acquiring Homeinns Group and will vie for the high-end hotel market.
March29,2017
Vying measures launched across China for new stage of opening-up
Hainan, Beijing, Shanghai, Zhejiang, Liaoning, Ningxia and Guangdong have vied to launch specific opening-up measures with focuses on further liberalization of finance industry, transformation， upgrading of industries and optimization of business
May25,2018
UnionPay holds all the cards
China UnionPay is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI, in addition to facilitating fast growing personnel exchanges between China and the rest of the world.
December28,2018
UnionPay holds all the cards
China UnionPay, a Chinese bank card organization, is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI and facilitating fast growing personnel exchanges between China and the rest of the world.
December25,2018
Vietnam plans to digitize healthcare cards
Vietnam is planning to issue electronic health security cards to its citizens to verify their right to medical services, according to the country's government.
February08,2017
Lower transaction fees set to boost international bank card usage in China
International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for Chinese merchants, a move expected to encourage more local merchants to accept these card payments.
July04,2024
China issues 9.25 bln bank cards by end of 2021
China had issued a total of 9.25 billion bank cards by the end of 2021, according to an industry report.
September26,2022
Green light to fast-track foreigners' green cards
Pudong has introduced a new round of preferential policies, as well as a special agency for overseas talent, to attract and retain foreign professionals.
December22,2017
China to improve customs clearance with updated health card
China's customs authority will launch a new edition of its health declaration card, in which some requirements for travelers are removed to streamline customs procedures and enhance clearance efficiency.
August26,2022
Chinese foundation donates bicycles to Lao students
A ceremony to hand over bicycles donated by the China Foundation for Rural Development (CFRD) to Lao students was held in Lao capital Vientiane on Wednesday.
December26,2024
The Chinese Unionpay card to widespread among merchants
Nexi, the PayTech banks system listed on MTA of Borsa Italiana and leader in Italy for digital payments, signed a commercial agreement with UnionPay, the Chinese company with the largest payment card system in the world, present in 174 countries.
June17,2019
Pudong widens green card approval
Shanghai's Pudong New Area has begun granting permanent residence permits to not only top overseas professionals but also their research partners.
April09,2018
China launches reform of Chinese "green cards"
China has begun a series of changes to the rules regarding permanent residence for foreigners, according to a plan issued by the Ministry of Public Security (MPS).
April21,2017
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