2015中国移动支付迅速增长
China's Ministry of Industry and Information Technology says the country had 1.3 billion mobile phone users last year, and that 4G users accounted for a quarter of that figure.
中国工业和信息化部称，2015年中国共有13亿手机用户，4G用户数量占了其中四分之一。
This has created a huge market for mobile payment services. Whether it's online shopping or utility payment, buying groceries or even paying for parking, mobile payments have permeated the daily lives of many Chinese users.
China's central bank says that, in the first three quarters of last year, the country's total mobile payments amounted to around 85 trillion yuan, or around 13 trillion US dollars, an annual increase of 45 percent.
Despite these figures, an official from the Ministry of Industry and Information Technology Dai Xiaohui says mobile payment as a service industry is still in its early stages of development.
"Mobile payment services have a very wide industrial chain, linking the customers and vendors. The chips in smart phones can connect with payment platforms, which are supported by mobile network operators, third party payment service providers and financial institutions. Software developers and system integrators are also involved. The complex chain consists of many players, each with its own resources and potential, and they are all still looking for new breakthroughs."