An employee uses the Apple iPhone to demonstrate to reporters how to pay using the Apple Pay service at an Apple store in Beijing in this file photo. Banking institutions handled 203 trillion yuan (US$32 trillion) in mobile payments in 2017, up 28.8 percent, according to the People’s Bank of China. A total of 37.6 billion payments were made through mobile banking services in the period, an increase of 46.1 percent, the central bank said.Xinhua