The "China's Balance of Payments Report for the First Half of 2019" released by the State Administration of Foreign Exchange on the 27th shows，China’s 188bet online sports betting in the first half of the year was US7.5 billion，Over 50% of travel expenses occur in Asia。

This report shows，In recent years，With the increase in the income level of domestic residents、Enhanced 188bet online sports betting power，Resident individual outbound travel、188bet online sports betting such as studying abroad is increasingly common，Presenting many new features。

Mobile payment overseas 188bet online sports betting doubled

where，The payment channels for overseas 188bet online sports betting are more abundant and convenient。The payment method has evolved from traditional remittance and cash payment to bank card payment，And with the development of technology，Mobile payment further facilitates residents’ personal overseas 188bet online sports betting。

First half of 2019，China travel spending 127.5 billion US dollars。where，Bank card 188bet online sports betting is still the main payment method，But mobile payment is improving rapidly，Overseas 188bet online sports betting through mobile payment methods doubled in the first half of the year compared with the same period in 2018。

Over 50% of 188bet online sports betting expenses occur in Asia

188bet online sports betting expenditure in the first half of 2019，Asia accounts for 54%；Followed by America and Europe，Accounting for 24% and 13% respectively。

In Asian countries and regions，At the top 188bet online sports betting list is Hong Kong, China、Japan、Macau, China、Taiwan, China, South Korea, etc.。Among American countries，The United States ranks first、Canada, etc.。In European countries，France ranks first、Italy、UK、Switzerland, etc.。

Expenditures on education such as studying abroad increased by 20% year-on-year

Overseas 188bet online sports betting structure continues to be upgraded and optimized。According to the fee category paid，The main components of travel expenditure include shopping、Study Abroad、Medical、Accommodation、Catering, etc.。where，Shopping has always been the main form of 188bet online sports betting for domestic residents traveling abroad，However, expenditures have gradually stabilized in recent years，Explanation that Chinese residents’ individual outbound shopping 188bet online sports betting is becoming increasingly rational，Also reflects the positive changes in the improvement of the domestic shopping environment to attract 188bet online sports betting back。

At the same time，Chinese residents’ individual demand for international education has further increased，More willing to invest in education。Take bank card payment as an example，188bet online sports betting 2019，The amount spent on shopping overseas is roughly the same as the same period in 2018，The expenditure on education such as studying abroad increased by 20% year-on-year。

Growth in travel 188bet online sports betting in countries along the “Belt and Road”

Report Display，Individual travel 188bet online sports betting growth in countries along the “Belt and Road”。As the economic and trade activities between China and countries along the “Belt and Road” become increasingly closer，Individual residents within the country have a better understanding of the relevant countries，Also more willing to use it as a travel and 188bet online sports betting destination，While travel 188bet online sports betting in traditional markets remains stable，Travel 188bet online sports betting in emerging markets is gradually increasing。

From annual data，The 188bet online sports betting amount of individual residents in countries along the “Belt and Road” has continued to grow in recent years，where，The top-ranked country is Singapore、Thailand、Vietnam、Indonesia, etc.。First half of 2019，The 188bet online sports betting amount of individual residents in countries along the “Belt and Road” is US.9 billion。

*Source of this article:China Economic Net, author: Li Jinlei, original title: "China’s 188bet online sports betting in the first half of the year was US7.5 billion, more than 50% in Asia》.