China is the world’s most populous nation and a global economic superpower located in East Asia. Its capital, Beijing, is the political heart, while Shanghai serves as the premier global financial hub. With a population of approximately 1.4 billion in 2026, the economy continues to drive global growth, projected at 4.5% GDP expansion. Major industries include advanced manufacturing, electronics, and green technology. Key exports consist of computers, integrated circuits, cars (particularly EVs), and refined petroleum, supported by a world-leading digital payment infrastructure.
Money Transfer Locations
Western Union
Western Union in China operates a massive network of over 27,000 locations, primarily through major state banks and digital wallet integrations.
- Shanghai – Lujiazui Financial District, Nanjing Road, and Pudong Airport
- Beijing – Wangfujing Street, Chaoyang District, and Zhongguancun
- Guangzhou – Tianhe District and Canton Fair Complex area
- Shenzhen – Futian CBD, Luohu, and Nanshan Tech Hub
- Chengdu – Chunxi Road and High-Tech Zone
- Hangzhou – Near West Lake and Alibaba Headquarters area
- Xi’an – Near the Bell Tower and High-Tech District
- Nanjing – Xinjiekou Commercial Circle
- Wuhan – Jianghan Road and Optics Valley
- Tianjin – Binhai New Area
- Chongqing – Jiefangbei CBD
- Kunming – Nanping Pedestrian Street
MoneyGram
MoneyGram services are widely available through Industrial & Commercial Bank of China (ICBC) and Bank of China branches, as well as digital payouts.
- Shanghai – Xintiandi and Jing’an Temple area
- Beijing – Sanlitun and Xidan
- Guangzhou – Yuexiu and Haizhu Districts
- Suzhou – Industrial Park (SIP) area
- Dalian – Zhongshan Square
- Xiamen – Siming District
- Qingdao – Shinan District (Sailing City)
Ria Money Transfer
Ria is primarily facilitated through partnerships with Postal Savings Bank of China (PSBC) and specialized exchange centers.
- Beijing – Financial Street (Jinrongjie)
- Shanghai – People’s Square
- Fuzhou – Gulou District
- Wenzhou – Lucheng District (Major remittance corridor)
- Ningbo – Yinzhou District
Digital Wallet & Mobile Payouts
In 2026, the majority of personal remittances to China are received instantly via mobile apps, which are integrated with Western Union, MoneyGram, and Ria:
- Alipay (Ant Group) – Direct “Global Remittance” service to hundreds of millions of users.
- WeChat Pay (Tencent) – Integration with global partners for direct-to-wallet transfers.
- e-CNY (Digital Yuan) – Growing use for cross-border settlements in pilot zones.
Major Bank & Financial Partners
China’s “Big Four” banks are the global leaders in assets and handle the vast majority of international SWIFT and inward remittances:
- Industrial and Commercial Bank of China (ICBC) – The world’s largest bank
- China Construction Bank (CCB)
- Bank of China (BOC) – The primary bank for international exchange
- Agricultural Bank of China (ABC) – Extensive rural reach
- Postal Savings Bank of China (PSBC) – Deepest network in small towns
- Bank of Communications (BoCoM)
- China Merchants Bank (CMB)