China's Labor Day Travel Spending Surges 100% with Alipay+

China's 2025 Labor Day holiday saw a surge in both domestic and international tourism, with digital payments playing a pivotal role in boosting spending and facilitating travel. Alipay+ and partner e-wallets enabled Chinese tourists to make seamless cashless payments in over 70 markets, eliminating currency exchange barriers and promoting confidence in outbound travel to destinations such as Hong Kong, Japan, South Korea, and Europe. Domestically, inbound spending by international travelers using Alipay+ doubled, driven by expanded visa-free entry, improved tax refund policies, and the integration of 13 international e-wallets. Public transit emerged as the most-used Alipay service among Chinese travelers, with notable increases in spending for experiences like medical tourism in South Korea. Together, Alipay and WeChat Pay reported strong growth in transaction volume and spending, reflecting efforts to streamline cross-border payments and stimulate tourism-related consumption. These digital innovations solidified China's position as a leader in global tourism and payment technology during the Golden Week period.