Core Insights - The People's Bank of China has reported significant improvements in the payment convenience for foreign personnel in China, with a diversified payment service system that includes bank cards, mobile payments, and cash [1] - Foreign visitors' awareness and acceptance of mobile payments in China are increasing, with "scan to pay" becoming a primary payment method [1] - By the first half of 2025, active users of mobile payments among inbound personnel are expected to exceed 10 million, with transaction volume and amount increasing by 162% and 149% year-on-year, respectively [1] Payment System Development - A multi-faceted payment service system has been established, allowing for the parallel development and mutual supplementation of various payment methods [1] - The People's Bank of China plans to continue enhancing the cross-border payment system for the renminbi and deepen cooperation in the cross-border payment sector [1] Regulatory and Service Optimization - The central bank emphasizes the importance of maintaining robust payment infrastructure and strict regulation within the payment industry [1] - Ongoing efforts will be made to optimize payment services to better support the construction of a financially strong nation and contribute to China's modernization [1]