Core Insights - The 27th China International High-Tech Achievements Fair (CIHTAF) will be held from November 14 to 16, 2025, in Shenzhen, showcasing over 5,000 innovative products and technologies from more than 5,000 renowned companies and international organizations across over 100 countries and regions [1] - The event highlights the integration of cutting-edge technology with diversified and convenient payment methods, showcasing Shenzhen's modern service capabilities [1] Payment Services - A prominent "Payment Inquiry Desk" is set up at the entrance of the fair to assist foreign exhibitors and visitors with mobile payment inquiries [2] - Foreign attendees, such as a visitor from Mongolia, expressed satisfaction with the ability to use their local e-wallets, like Hipay, for payments without needing to switch apps or bind new cards [4] - A German exhibitor praised the ease of registering for mobile payments and binding international credit cards, enhancing their purchasing experience at the fair [5] Financial Services Ecosystem - The fair features a multi-faceted payment environment, including mobile payments, POS card transactions, cash services, and currency exchange, ensuring a comprehensive payment experience [8] - Financial institutions, such as the Industrial and Commercial Bank of China (ICBC), provide tailored financial services, including cross-border settlement and currency risk management solutions, to support international transactions [10][12] Enhancements in Payment Environment - As of October 2025, Shenzhen's payment environment has significantly improved, with 99.99% of key merchants accepting foreign cards and 3,844 ATMs supporting cash withdrawals from foreign cards [13] - The People's Bank of China, Shenzhen Branch, has established comprehensive service centers at airports and ports to enhance the payment experience for foreign visitors [13] Innovative Financial Products - The People's Bank of China has guided local institutions to launch products that match tourism consumption scenarios, exemplified by the "Scene Benefit Loan (Tourism Scene)" initiative, which integrates finance with tourism [14] - The focus is on optimizing payment services to enhance Shenzhen's international openness and service quality [15]