Latest News:  
Beijing   Cloudy/Overcast    24 / 15   City Forecast

Home>>China Business

China's bankcard transactions total 179 trillion yuan in first half


13:52, September 10, 2011

BEIJING, Sept. 9 (Xinhua) -- Bankcard transactions conducted during the first half of the year amounted to 178.6 trillion yuan (about 27.9 trillion U.S. dollars), according to data released on Friday by the China Banking Association.

Banks in China have issued a total of 2.67 billion bankcards as of the end of June, or roughly two cards for every Chinese citizen, according to the association.

The massive figures were supported by fast-growing retail sales, which rose 17 percent year-on-year to hit 1.47 trillion yuan last month, according to data published on Friday by the National Bureau of Statistics.

Credit cards account for 230 million of the total number of bankcards that have been issued, with cardholders making transactions totaling 3.3 trillion yuan during the first half, according to the association.


Leave your comment0 comments

  1. Name


Selections for you

  1. Siberian tiger's 1st successful breeding in the wild in China

  2. U.S. security chief calls for vigilance against 9/11 threat

  3. "Audrey" fall and winter underware fashion show

  4. Libya's NTC fighters on their way to Bani Walid

Most Popular


  1. Springtime for Libya?
  3. Mastering the art of public speaking
  4. Arms traders fumbled contact with Gaddafi
  5. More effort needed to "go global"
  6. Cross-border RMB settlement developing rapidly
  7. Chinese FDI wrongly seen as harbinger of doom
  8. The unlearnt lessons of 9/11 today
  9. Opinion: China's economy has landed, safely
  10. Success in Libya cannot pull Europe out of crisis

What's happening in China

Ex-leader's new book already a hot seller

  1. Huaxi Village completes controversial skyscraper
  2. New insurance law covers foreign employees
  3. Volunteers help Tibetan antelope hit the road
  4. All 12 trapped miners confirmed dead
  5. School stole teachers' identities

PD Online Data

  1. Water-Splashing Festival of Dai
  2. The Uyghur Muqam of Xinjiang
  3. Traditional Folk Long Song
  4. The Guqin and its Music
  5. Grand Songs of Dong