CHINACASESTUDYAPRIL2017SocialNetworks,e-CommercePlatforms,andtheGrowthofDigitalPaymentEcosystemsinChina:WhatItMeansforOtherCountries1Authors:ZennonKapron&MichelleMeertensTheinformationandopinionspresentedinthispublicationareentirelythoseoftheauthors,andhavenoendorsementbytheChineseGovernment.CHINACaseStudy1Therapidgrowthofsocialnetworksande-commerceplatformshastransformedthewaypeoplecommunicateandtransactaroundtheworld.Integratingdigitalpaymentsintothesegrowingnetworksandplatformshaspresentedvastopportunitiestodriveeconomicopportunity,financialinclusion,transparency,security,andgrowth.Inpracticallyallcountriesindividuals,businesses,andpolicymakersarerecognizingtheseopportunitiesandactingonthem,butperhapsnowheremoresothaninChina.ThisreportexaminestwoofChina’smostfar-reachingapplications–WeChatandAlipay–