The value per inhabitant of cheque payments in China is projected to decline from 18.6 thousand US dollars in 2024 to 16.49 thousand US dollars by 2028. This steady decrease follows the historical trend from previous years, although exact figures from 2023 are not provided. From 2024 to 2028, the annual reduction rate reveals a year-on-year percentage decrease in cheque payment value per inhabitant, highlighting digital payment methods' growing influence.

Future trends to monitor include:

The impact of digital wallets and payment apps gaining popularity over traditional cheque usage.
Policy changes or technological advancements that might accelerate this shift in payment methods.
Demographic shifts and their effects on the adoption of digital versus traditional payments.