A woman makes a purchase with her smartphone at a shop in Beijing on June 27, 2017. [Photo/VCG]
As the first country in the world to use paper money, China is expected to also become the first to stop using paper money due to the soaring popularity of mobile payment platforms, analysts forecasted on July 24.
分析师7月24日预测，作为全球第一个使用纸币的国家，由于手机支付平台的日益普及，中国有望也成为第一个停止使用纸币的国家。
Currently, more Chinese consumers are getting used to paying for daily expenses with their smartphones instead of cash. Rapid development of online shopping and e-commerce has created a good environment for digital payment consumption in China.
目前，越来越多的中国消费者习惯使用手机，而不是现金，支付日常开支。网店和电子商业的迅速发展已经为中国的数字支付消费创造了良好的环境。
The mature online payment system makes it possible for Chinese consumers to become the first to stop using paper money in the world, according to analysts.
据分析师分析，成熟的网上支付系统使得中国成为首个停止使用纸币的国家成为可能。
A woman shows a vendor that her payment went through via the Chinese instant messaging platform WeChat at a streetside stall in Beijing on June 23, 2017. [Photo/VCG]
