Chinese credit card industry is one of the most quickly expanding card markets across the globe and has shown impressive growth rates during the last few years. However, the market still remains largely unexploited as people prefer using cash instead of payment cards. Majority of the transactions are still done in cash and transactions done by plastic cards form only a small portion of the retail transactions in the country. Therefore, there exists ample scope for further developments, says our new research report “China Credit Card Market Outlook to 2013”.