The number of cards with a debit function per inhabitant in China grew steadily, with the forecast indicating an increase from 6.26 cards in 2024 to 7.09 cards by 2028. This trend represents a positive annual compound growth rate (CAGR) over the period beginning from 2024.
Future trends to watch for include potential impacts from digital payment adoption, regulatory changes, and economic shifts that could influence consumer behavior and reliance on debit cards. Monitoring these dynamics will offer insights into how the debit card market may adjust beyond 2028.
