Qianhai management bureau, with municipal offices, issued 10 measures to remove payment frictions for nonresidents, opening card, QR-code and currency channels to bolster the international payments system and support Shenzhen’s push to become a globa

2026-06-02

Qianhai management bureau, with municipal offices, issued 10 measures to remove payment frictions for nonresidents, opening card, QR-code and currency channels to bolster the international payments system and support Shenzhen’s push to become a globally influential consumption hub. Fintech operator Tenpay rolled out two services: foreign-card domestic binding allows foreigners to link overseas bank cards and complete QR-code purchases up to $2,000 without ID verification; foreign-wallet domestic use enables PayPal and 35 other overseas e‑wallets to be used directly in mainland China.