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The Opening of China's Banking Sector to Foreign Competition Has Resulted in a Boom in Bankcard-Related Industries.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50585) has announced the addition of China Credit and Debit Card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  Market 2007 to their offering.

The bankcard bank·card  
n.
A card issued by a bank authorizing the holder to receive bank services and often functioning as a debit card.
 industry in China first started when the Bank of China issued its first bankcard back in 1985. The industry has since changed and matured, and current major players include Chinese banks, three bankcard organizations and other specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 bankcard service companies. With China fully opening its banking sector to foreign competition as of Dec. 11, 2006, foreign banks are now allowed to issue bankcards and this has resulted in a boom in bankcard-related industries such as tourism, retail and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. . All these signs serve to point to tremendous growth and opportunities within China's bankcard industry.

Chapter One provides the background on the development of China's bankcard industry.

Chapter Two gives a big picture of the current bankcard market, including market segmentation Market Segmentation

A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action.
 and profiles of the major players in the market.

Chapter Three delves Delves is a village in County Durham, in England. It is situated a short distance to the south of Consett.  into the current bankcard industry in detail and includes descriptions of bankcard organizations and the bankcard industry chain.

Chapter Four touches on regulations that the Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
  • Chinese Soviet Republic
  • Provisional Government of the Republic of China
  • Reformed Government of the Republic of China
 imposes on the bankcard industry.

Chapter Five goes into bankcard-related industries like tourism, retail and e-commerce.

Chapter Six offers a future outlook for the bankcard industry, including trends and projected figures.

Topics Covered

Chapter One China bank card development

1.1 Market development

1.2 Impacts of market development

Chapter Two The current bank card market

2.1 Market segmentation

2.2 Major players

Chapter Three Card industry

3.1 Bankcard organizations

3.2 Card industry chain

Chapter Four Bank card regulations

Chapter Five Related Industries

5.1 Tourism

5.2 Retail industry

5.3 E-commerce

Chapter Six Future outlook

6.1 China bankcard trends

6.2 The entry of foreign bankcards

For more information visit http://www.researchandmarkets.com/reports/c50585
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 19, 2007
Words:309
Previous Article:Improved Infrastructure Continues to Boost the Chinese Chemicals, Materials and Foods Industry.
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