Chinese authorities are easing limits on mobile payments for foreigners and encouraging tourist attractions to accept cash and overseas bank cards in a bid to revive international visitor numbers.
The central bank said on Friday that foreigners would be able to spend up to US$5,000 on a single mobile payment transaction, up from the previous US$1,000 limit.
The annual mobile payment ceiling for foreigners would rise from US$10,000 to US$50,000, putting them on a par with Chinese nationals, according to the People’s Bank of China.
Major tourist attractions across the country will upgrade payment facilities to accept the range of transaction methods, from mobile payments, to bank cards, and cash.
Hotels, restaurants, retailers, public transport and taxis must also accept cards and cash, and foreign currency exchange services will be improved.
“We want…
