Chinese own nearly 7.6 billion bank cards

Official data shows the number of bank cards in use in China reached 7.6 billion at the end of last year.

A view of bank cards supported by China UnionPay in Ji'nan city, Shandong province on February 18, 2016. [Photo: IC]

The figure was up 13 percent from a year earlier.

Chinese people had more than five bank cards on average.

More than 220 billion transactions were made through non-cash payments over the past year.

Among the bank cards in use, the number of debit cards rose 13 percent year-on-year to reach nearly 7 billion.