[HIGHLIGHTS] Foreigners expect China to further optimize payment services

Foreigners expect China to further optimize payment services. People's Bank of China requires all commercial banks to provide "coin wallet" services.

For example, a wallet worth 300 yuan is full of change, which can be exchanged by taxi drivers or restaurant owners. Single transaction limit for foreigners using mobile payments increased from US$1,000 to US$5,000, and annual cumulative transaction limit from $10,000. Lin Weibin: Increase in transaction limits allows tourists to "buy happily and play happily"