Online bank users rise to over 900m in China

The number of China's online and mobile banking users surged to over 900 million last year as banks embrace digital technology to offer better user experience for internet financial transactions, the China Banking Association said yesterday.

Online banking users rose 19.7 percent in 2014 from a year ago to 909 million, while mobile banking users jumped 30.5 percent to 668 million, the association's data showed.

By transaction value, deals made through websites totaled 1,248.9 trillion yuan (US$199 trillion), up 17 percent annually, and those made via mobile phone applications more than doubled to 31.74 trillion yuan.