无现金城市(wúxiànjīn chéngshì): Cashless city

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On Thursday, Tianjin municipal government signed a cooperation agreement with China’s major e-payment provider Ant Financial, part of the Alibaba Group, to turn Tianjin into a “cashless city”. A cashless city refers to a modern urban lifestyle in which digital payments replace cash. In a cashless city, people will only need a smartphone instead of notes…

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