[Ten Years of Chinese Style] China's "code" on life goes to the world

　　China News Service, Beijing, September 30th, title:

　　Reporter Li Jinlei

　　How powerful is China's mobile payment?

　　Singapore Prime Minister Lee Hsien Loong shared a story in 2017. Lim Swee Sang, then Minister of Manpower of Singapore, once bought chestnuts from a street stall in Shanghai. He found that the person in front of him shook his mobile phone and took the chestnuts away without paying cash. This is a special offer, so I told the hawker that I don't need a discount and pay the full amount in cash.

The hawker pointed to the QR code next to him with a puzzled face.

"In that moment he felt like a hillbilly."

　　Nowadays, when you go out in China, you are not afraid of running out of money in your pocket, but only if your mobile phone is out of power.

Dignitaries from many countries, including Lee Hsien Loong, have praised China's mobile payment as "the fastest and most advanced", and mobile payment has become the "Chinese business card" in the new era.

　　China is leading the "scan code era" in the world.

China, where a "code" takes the lead, has "sweeped" out of the new world, and advanced lifestyles are entering the world.

"Sweep" out fashion and convenience

　　Although the small QR code was invented by the Japanese, it was carried forward by the Chinese.

Nowadays, the QR code has been deeply embedded in the lives of Chinese people. "You scan me, or I scan you?" has become the mantra of the Chinese people. The once "traveling, you must carry your pocket" has become "the mobile phone in hand, the world is me." Have".

　　From the Ussuri River to the Pamir Plateau, from the grasslands outside the Great Wall to the islands of southern Xinjiang, mobile payment in China is everywhere. You can scan the QR code to pay by bus and subway, eating out, ordering takeaways, grocery shopping, shopping, and medicine. Even the uncles and aunts who sell watermelon and roasted sweet potatoes on the roadside can use the scan code to pay with ease, which is fashionable and convenient.

　　These scenes often make Europeans and Americans who still mainly use credit cards feel "unbelievable".

At present, China's mobile payment transaction scale ranks first in the world.

According to data from the China Internet Network Information Center, as of December 2021, the number of online payment users in China reached 904 million.

According to data from the People's Bank of China, in 2021, banks across the country will process 151.228 billion mobile payment transactions with an amount of 526.98 trillion yuan.

　　According to PwC's consumer survey data, China's mobile payment usage rate is 86%, ranking first in the world, more than twice that of the United States, and 2.5 times the global average.

　　The digital life in science fiction is gradually becoming a reality in China.

In the world's largest digital society, the digital standard of living has amazed foreigners.

As of December 2021, China's online shopping users reached 842 million, online takeaway users reached 544 million, online car-hailing users reached 453 million, and online office and online medical users reached 469 million and 298 million respectively.

Data map: Brush the digital RMB payment code to take the bus.

Photo by Li Huacan

"Sweep" out innovation dividends

　　As the first country in the world to invent and use banknotes, China is leading the global payment system into a new era. Face payment, fingerprint payment, and sound wave payment. China's mobile payment continues to evolve and upgrade, leading the world trend.

　　"China is very far-sighted in this regard." A few years ago, Apple CEO Tim Cook pointed out when he talked about the reason why China's mobile payment is more prosperous than Europe and the United States. Mobile payment can be used in Silicon Valley of the United States, but if you go to In the hinterland of the United States, many people do not know what mobile payment is, and they are more accustomed to spending with credit cards.

Credit cards in China are not as popular as in the United States and Europe. Some start-up Internet companies have made changes. The Chinese are more willing to accept new changes and can use mobile payments anywhere.

　　China is moving faster than Europe and the United States in the "scan code era", which is also a vivid portrayal of the vigorous implementation of the innovation-driven development strategy, which has effectively promoted economic and social development.

　　"The development of digital technology has created a new digital space for individuals, and two-dimensional code has increasingly become an important entrance to this space." Zuo Pengfei, secretary-general of the Information Technology Research Center of the Chinese Academy of Social Sciences, told a reporter from Chinanews.com that China leads the way There are three main factors for digital life in the "scan code era": First, active policy support. China attaches great importance to the promotion of QR codes and supports the application of QR code technology in multiple fields and industries, and the Ministry of Industry and Information Technology has been promoting my country's two-dimensional code since 2019. The code national standard has become an international standard; the second is effective corporate innovation, and domestic digital technology companies have created rich application scenarios that are close to life based on QR codes; third, the huge scale of netizens provides an important tool for the optimization and maturity of related application scenarios. drive.

Data map: On November 10, 2018, in the food and agricultural products exhibition area of ​​the first China International Import Expo, visitors scan the code to pay for goods.

Photo by China News Agency reporter Yin Liqin

"Sweep" out mutual benefit and win-win

　　Not only does it benefit the local area, China's mobile payment is going abroad. Chinese Internet giants benefit more countries and people through technology sharing and diversified and convenient operation models.

　　From the Kuala Lumpur International Airport in Malaysia to Myeongdong in Seoul, South Korea, and then to Avenue Haussmann in Paris, France, Alipay and WeChat QR codes appear more and more frequently.

　　China's advanced lifestyle has gone global, allowing consumers to "travel around the world with one wallet", helping to achieve "people-to-people bonds" and economic development.

　　During the epidemic, the number of e-wallet users in South Asia and Southeast Asia soared.

According to data from Alipay, 9 local e-wallets have been jointly built with local partners in the "Belt and Road" countries and regions, and most of them have grown into local popular e-wallets.

　　Zheng Xiaoling, president of the Canadian Association for the Promotion of International Trade, told a reporter from Chinanews.com that mobile payment presents a revolution in currency. In today's world composed of digital economy, digital technology and digital currency, a new currency "scan code era" will Better serve global economic integration.

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