2017 MOBILE PAYMENT USAGE IN CHINA REPORT
Smart Life: A Cashless Reality
August 2017

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Based on comprehensive sampled data from WeChat Pay from January to June 2017 in 324
Chinese cities, Tencent Research Institute analyzed the development and penetration of
mobile life in China. Tencent Research Institute (TRI) is the social-economic research
branch of Tencent. TRI dedicates most of its efforts to better understand how technology,
with the internet in particular, has changed and will change Chinese society.
Based on WeChat Pay data and an online survey of 6,595 respondents, Ipsos observed
user behavior and consumer use cases of the cashless lifestyle. Ipsos, an independent
worldwide research group founded in France in 1975, specializes in media & brand
communications, customer loyalty, marketing, public affairs research, and consumer survey
management.
The Chongyang Institute for Financial Studies at Renmin University of China (RDCY)
analyzed the formation, status, future and implications of China’s cashless society. RDCY,
established in 2013, is a think tank which recruits former political leaders, leaders from the
banking industry, and preeminent scholars as senior fellows for the study of finance.
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