China Facts: Impact of mobile devices



China facts, developed economies long ago swapped cash for plastic (credit and debit cards). China was, until a decade ago, overwhelmingly cash-based. The swift to digital payments accelerated with the arrival of smartphones, bought by many Chinese who have never owned a personal computer. Today 95% of China's internet users go on-line via mobile devices*)      


*) Economist 25th March 2017














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Hans Henrik Pontoppidan
Secretary General, DCBF 
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Danish-Chinese Business Forum

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The views expressed of the authors do not necessarily represent or reflect the views of DCBF.