BIZCHINA / Center |
Chinese banks issue 1.23b bank cards(Xinhua)Updated: 2007-06-05 14:04
Bank card transaction volume reached 1.89 trillion yuan in 2006, up 97 percent year on year. The volume represents 17 percent of the total retail sales of consumer goods for the year, seven percentage points higher than the previous year. Bank cards account for 30 percent of total consumer goods retail sales in big cities such as Beijing, Shanghai, Guangzhou and Shenzhen, the central bank said. (For more biz stories, please visit Industry Updates) |