Core Viewpoint - The introduction of a unified cross-border QR code payment gateway in China aims to enhance the payment experience for international travelers by addressing compatibility issues and streamlining payment processes [1][4]. Group 1: Unified Gateway Overview - The unified gateway is a cross-border payment infrastructure developed under the guidance of the People's Bank of China, allowing domestic and foreign institutions to connect through a single interface for QR code payment cooperation [2][5]. - Since its trial launch at the end of July, the unified gateway has attracted numerous foreign wallets, with Ant Group and Tencent leading the initial pilot [2][3]. Group 2: Participation and Integration - Ant Group's Alipay now supports seven major international card brands and 31 electronic wallets from 12 countries and regions, with recent additions from Indonesia, Uzbekistan, and Thailand [2][3]. - Tencent's WeChat wallet and several other international wallets, including PayPal and various Southeast Asian wallets, are set to integrate with the unified gateway [2][3]. Group 3: Operational Impact - As of September 11, the unified gateway has processed 1.981 million transactions, amounting to 427 million yuan [3]. - The unified gateway aims to resolve previous issues of fragmented payment systems and enhance the interoperability of payment platforms, thereby simplifying cross-border transactions [4][5]. Group 4: Future Prospects - The unified gateway is expected to facilitate tourism, commerce, and cultural exchanges by creating a seamless payment experience for foreign visitors in China [6]. - The gateway will continue to expand its network of participating institutions and enhance cross-border payment capabilities [7].

Group 1: Event Overview - The 2025 China International Service Trade Fair opened in Beijing on September 10, showcasing over 30 Shenzhen enterprises and institutions under the theme "Digital Intelligence Empowerment, Deep Chain Global" [1] - The event highlighted Shenzhen's achievements in becoming a national pilot city for comprehensive service trade innovation and development [1] Group 2: Technological Innovations - SF Express showcased its "SF Super Brain" platform, which integrates big data and AI algorithms to optimize logistics resources, resulting in over $1 billion in economic benefits and a reduction of millions of tons of CO2 emissions [4] - Silverwing Technology presented comprehensive service solutions leveraging digital and intelligent technologies for enterprise operations and government services [6] - WiseHub's legal AI model application platform and humanoid robots from UBTECH were significant highlights, demonstrating the trend of "Artificial Intelligence+" [7] Group 3: New Product Launches - Shenzhen New Translation Technology introduced "Subtitle Genie-MossVox," an advanced solution for real-time translation and meeting support, enhancing the experience of high-end international conferences [11] - Tencent unveiled several innovations, including the "WeChat Hong Kong Dollar Wallet" and the "Mixed Yuan Financial Model," aimed at improving financial services and user experience [12][14] Group 4: Economic Impact - In 2024, Shenzhen's service trade reached a record high of over $140 billion, with digital trade exceeding $60 billion and knowledge-intensive services accounting for over 40% [14][15] - Shenzhen's service trade is positioned as a leader in national innovation, closely linked to the city's high-tech industry development [15]

在主管部门指导下，微信支付不断优化外籍来华人士支付服务，不仅通过优化"外卡内绑"满足外籍来华人士便捷支付服务需求，主动在机场、口岸等一线提 供咨询服务，还持续拓展"外包内用"朋友圈，马来西亚、新加坡、韩国等多国用户可直接使用境外电子钱包在境内扫码消费。随着免签入境政策升级与离境 退税"即买即退"等措施出台，微信支付还推出了外卡新用户60天手续费减免方案，进一步激发外籍人士来华旅游、贸易热情。 今年春节前，WeChat港币钱包进一步拓展商户网络，连接内地个人商户，进一步优化香港用户北上内地消费体验。街边小店、市井小摊……只要有微信支 付收款码的场景，香港用户即可扫码用港币实时结汇付款，商户在后台即时收到经过实时换汇的人民币，实现移动支付的"双向奔赴"。与此同时，WeChat 港币钱包还为香港用户提供汇款至内地的更优汇率选择，最快1分钟即可到账。 值得一提的是，在中国人民银行和数字货币研究所的指导下，腾讯持续积极探索数字人民币跨境支付场景。2023年3月，腾讯完成"条码互通"的验证，实现 数字人民币钱包在微信生态内小程序、视频号及线下收款码多场景便捷支付。2024年，腾讯对"条码互通"持续创新，境外来华人士开立数 ...

今年春节前，WeChat港币钱包进一步拓展商户网络，连接内地个人商户，进一步优化香港用户北上内地消费体验。街边小店、市井小摊……只要有微信支 付收款码的场景，香港用户即可扫码用港币实时结汇付款，商户在后台即时收到经过实时换汇的人民币，实现移动支付的"双向奔赴"。与此同时，WeChat 港币钱包还为香港用户提供汇款至内地的更优汇率选择，最快1分钟即可到账。 值得一提的是，在人民银行和数字货币研究所的指导下，腾讯持续积极探索数字人民币跨境支付场景。2023年3月，腾讯完成"条码互通"的验证，实现数字 人民币钱包在微信生态内小程序、视频号及线下收款码多场景便捷支付。2024年，腾讯对"条码互通"持续创新，境外来华人士开立数字人民币钱包后，即可 在超千万微信经营码与商家码场景，用数字人民币App扫码支付；同年6月，腾讯参与完成多边央行数字货币桥（mBridge）项目试点验证，为进一步提升跨 境清算效率提供了探索经验。 腾讯数字货币部负责人李茂材表示，未来将在保障安全的前提下，不断创新应用场景，丰富服务功能。同时，将积极配合监管部门推进数字人民币试点工 作，为构建现代化支付体系、服务数字经济发展贡献力量。 中国经济网北 ...

Core Insights - The "May Day" holiday saw a significant increase in cross-border travel and consumption, with Guangdong leading in inbound spending, which doubled compared to last year [1][2] - Alipay+ and WeChat Pay facilitated cross-border transactions, allowing tourists to use their home wallets for payments in China, enhancing the overall consumer experience [1][2] - The top five wallets for inbound spending were AlipayHK, Touch 'n Go eWallet, Kaspi.kz, MPay, and TrueMoney, indicating a diverse range of international users [1] Group 1: Inbound Consumption Trends - Guangdong, Shanghai, and Zhejiang were the top three destinations for inbound tourists, with Guangdong's spending during the holiday increasing over 100% year-on-year [1][2] - Popular shopping and service locations for inbound tourists included Hema Fresh, Miniso, and various medical services, reflecting a trend of combining shopping with personal care [2] - The top ten provinces for cross-border spending included Xinjiang, Fujian, and Jiangsu, with Shenzhen's COCO Park being a notable consumer-friendly area [2] Group 2: Outbound Consumption Trends - Domestic residents' outbound spending via WeChat Pay increased by 37% year-on-year, with Hong Kong, Japan, and Southeast Asia being popular destinations [2][3] - The introduction of visa-free policies and the expansion of digital payment tools contributed to a surge in spending by mainland tourists in destinations like Malaysia and South Korea [3] - In Hong Kong, the use of WeChat Pay for taxi rides surged by 643% during the holiday, indicating a strong preference for digital payments among mainland tourists [3] Group 3: Payment Trends - Alipay reported a 15% year-on-year increase in the number of transactions for outbound travel during the "May Day" holiday [4] - The integration of local payment methods for inbound tourists has streamlined the payment process, enhancing the overall travel experience [1][2]

Core Viewpoint - The article highlights the significant growth in cross-border travel and consumption during the recent "May Day" holiday, driven by favorable policies and increased payment convenience for both outbound Chinese tourists and inbound foreign visitors [1][3]. Group 1: Cross-Border Travel Data - During the "May Day" holiday, a total of 10.89 million people crossed borders, averaging 2.18 million daily, representing a 28.7% increase compared to last year [3]. - The number of inbound foreign visitors reached 1.115 million, marking a 43.1% increase year-on-year [3]. - Inbound tourists' spending via Alipay increased by 180% during the first three days of the holiday [3]. Group 2: Consumption Trends in Key Cities - In Shanghai, foreign visitors spent 455 million yuan from April 30 to May 4, a year-on-year increase of 211.6% [4]. - The implementation of the 240-hour visa-free transit policy and enhanced tax refund policies have facilitated foreign consumption in China [4]. - The total tax refund sales in Shanghai during the holiday increased by 1.2 times, with the refund amount also rising by 1.3 times [4]. Group 3: Outbound Chinese Tourists - During the "May Day" holiday, outbound Chinese tourists' transactions via WeChat Pay increased by 37% [4]. - Alipay reported a 15% year-on-year increase in transaction volume for outbound tourism during the holiday [4]. - The top destinations for Chinese tourists included Hong Kong, Japan, and Macau, with Malaysia seeing a 200% increase in app visits following the visa exemption agreement [5]. Group 4: Payment Methods and Innovations - The article notes the growing popularity of new payment methods, allowing both domestic and foreign tourists to use familiar payment options [7]. - Alipay's "tap to pay" feature gained traction among foreign visitors, with a nearly 50% increase in spending during the holiday [9]. - WeChat Pay has expanded its services to facilitate cross-border transactions, with significant growth in usage among Hong Kong residents visiting mainland China [8].

Core Insights - The 2025 "May Day" data report from WeChat indicates a significant increase in consumer activity, with WeChat payment transaction volume growing over 10% during the holiday period [1][5][6] - High-speed rail travel, public transportation, and dining sectors led the holiday consumption surge, with notable growth in ticket purchases and restaurant transactions [2][3][5] Consumption Trends - WeChat payment transactions in the dining sector increased by 12% year-on-year during the holiday, with popular local brands like Luckin Coffee, Haidilao, and Mixue Ice City seeing significant consumer interest [2][7] - High-speed rail ticket purchases saw a transaction amount increase of over 10% compared to the previous year, reflecting strong travel demand [2][8] Cross-Border Tourism - There was a notable increase in outbound tourism, with domestic residents' overseas WeChat payment transaction volume rising by 37% year-on-year [3][5] - Foreign visitors to China and Hong Kong residents traveling to the mainland also experienced a surge, with foreign users' transaction volume in China nearly doubling during the first three days of the holiday [3][5][9] Regional Highlights - Major cities such as Guangzhou, Beijing, and Shanghai topped the list for WeChat payment consumption, with Guangzhou leading the charge [8] - Hong Kong residents showed a strong inclination to travel to mainland cities like Wuhan, Chengdu, and Chongqing, with their transaction volume also doubling compared to last year [3][9] E-commerce and Gift Trends - WeChat mini-store consumption surged by 62% year-on-year, with gift-giving becoming a new trend during the holiday [2][7] - Orders for jewelry items like bracelets and anklets saw a remarkable increase of over 160% compared to previous periods, indicating a shift in consumer gifting behavior [2][7]

21世纪经济报道记者李览青 上海报道 在刚刚过去的"五一"假期，跨境游持续火爆，成为促进消费的重要推动力。 5月5日，微信、支付宝发布五一支付数据报告显示，随着240小时过境免签政策红利释放，"即买即 退"离境退税便利程度的提升，国人出境旅游与境外游客入境消费"双向奔赴"。特别是在入境游方面， 支付宝与微信支付数据均显示，外籍用户在境内消费笔数、金额同比增长显著，在北京、上海、广州等 重点城市尤为突出。 出入境旅游火热，外国人来华消费同比翻番 从整体出入境数据来看，今年"五一"假期中外游客出入境旅游火爆。 据央视新闻消息，国家移民管理局通报显示，今年"五一"假期全国边检机关共保障1089.6万人次中外人 员出入境，日均217.9万人次，较去年"五一"假期增长28.7%，单日出入境通关最高峰出现在5月3日，达 229.7万人次。其中：内地居民出入境577.8万人次，较去年同期增长21.2%；港澳台居民出入境400.3万 人次，较去年同期增长37.1%；外国人出入境111.5万人次，较去年同期增长43.1%。 入境游客数量的大幅增长带动了消费规模的提升。 为便利来华人员移动支付，支付机构整体提供"外卡内绑"和"外 ...

Core Insights - The "May Day" holiday has seen a significant increase in cross-border travel and consumption, with both outbound and inbound tourism experiencing robust growth [1][3][4] Group 1: Cross-Border Travel Data - A total of 10.896 million people crossed borders during the "May Day" holiday, averaging 2.179 million per day, marking a 28.7% increase from the previous year [3] - Outbound travel from mainland residents reached 5.778 million, up 21.2% year-on-year, while inbound foreign visitors totaled 1.115 million, reflecting a 43.1% increase [3] - The peak day for border crossings was May 3, with 2.297 million people [3] Group 2: Payment Trends - Alipay+ reported that inbound tourists doubled their spending and transaction volume compared to last year during the holiday [3] - WeChat data indicated a 37% year-on-year increase in outbound payment transactions by mainland residents [4] - Foreign visitors' spending in China via WeChat nearly doubled, with a 180% increase in spending through Alipay during the first three days of the holiday [4] Group 3: Popular Destinations and Consumer Behavior - Guangdong, Shanghai, and Zhejiang remained the top destinations for outbound travelers, while cities like Yiwu and Shenzhen attracted foreign shoppers [4] - The trend of foreign tourists coming to China for shopping has intensified, with various Chinese-made products becoming popular among visitors [4] - Hong Kong residents also showed a significant increase in spending in mainland cities, with transaction volumes doubling compared to the previous year [4] Group 4: Payment Infrastructure and Future Outlook - The growth in payment data reflects strong consumer demand during the holiday and improvements in payment infrastructure [5] - There is a notable expansion of payment services in second and third-tier cities, indicating a broader reach of payment optimization efforts [5] - Future recommendations include leveraging the potential of cross-border payments and enhancing user experiences in various payment scenarios [5]

Group 1: Consumer Trends During the Holiday - The "May Day" holiday saw a significant boost in domestic consumption, with WeChat Pay transaction volume increasing by over 10% year-on-year [1][11] - High-speed rail travel, public transport, and dining emerged as the leading sectors for holiday spending, with cities like Guangzhou, Beijing, and Shanghai ranking as the top three in consumption heat [1][11] - The trend of "dual-direction travel" was notable, with outbound travel transactions via WeChat Pay increasing by 37% year-on-year, while inbound tourism also saw a nearly twofold increase in transaction volume and amount from foreign users [1][12] Group 2: E-commerce and Gift-Giving Trends - WeChat Mini Store orders grew by 62% year-on-year during the holiday, indicating a strong trend in gift-giving, particularly in categories like jewelry [11][4] - Orders for accessories such as bracelets and anklets surged by over 160% compared to the previous month, highlighting a shift in consumer behavior towards gifting [5][11] - The consumption of scenic tickets, travel accommodations, and transportation tickets remained robust, with WeChat Pay transactions for railway tickets increasing by 10.5% year-on-year [7][11] Group 3: Outbound Tourism and Regional Insights - The report highlighted a significant increase in WeChat Mini Program visits from Malaysia, which grew by 200%, reflecting the impact of visa-free policies and digital tools [12][13] - Other popular outbound destinations like Vietnam, Singapore, Japan, and Saudi Arabia also saw over 80% growth in Mini Program visits, indicating a strong recovery in international travel [13] - In Hong Kong, WeChat Pay transactions for taxis increased by 643% year-on-year during the holiday, showcasing the growing acceptance of digital payment methods among tourists [15]