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China's bank card spending up 31% in 2009

(Xinhua)
Updated: 2010-02-08 14:15
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Chinese consumers spent 166 trillion yuan ($24.3 trillion) with their bank cards last year in China, up 30.5 percent from 2008, the People's Bank of China (PBOC), the central bank, said Monday in a statement on its official website.

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The total number of bank card transactions in China topped 19.7 billion in 2009, a growth of 18.1 percent year-on-year, said the PBOC.

China issued 270 million new bank cards last year, down 10.1 percent from 2008, according to the statement.
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