China's online transactions rise during Spring Festival holiday
Release time：2024-05-22 10:27:50 Source：Cultural Current news portal
-
(Xinhua) 09:07, February 19, 2024
BEIJING, Feb. 18 (Xinhua) -- China's online transactions saw a robust increase in both volume and value during the just-concluded Spring Festival holiday, data from Chinese online payment clearing house NetsUnion Clearing Corporation, and card payment giant China UnionPay showed on Sunday.
The two platforms handled an average of 2.63 billion online transactions each day from Feb. 9 to 17, up 18.6 percent from the previous Spring Festival holiday season.
The daily average transaction value involved increased 8 percent from the previous holiday period to hit 1.25 trillion yuan (about 176 billion U.S. dollars).
Driven by the holiday consumption boom, online payment rose significantly in sectors including catering, accommodation, tourism, retail, and entertainment, the data revealed.
The Chinese Lunar New Year, or the Spring Festival, is China's most important festival, falling on Feb. 10 this year. It is usually a period for vibrant consumption activities as people return home for family reunions or travel to popular tourist destinations to celebrate the holiday.
- Previous：Warner holds out IPL hot shot Fraser
- Next：US Open champ Coco Gauff urges young Americans to vote
Related articles
- Testimony at Sen. Bob Menendez's bribery trial focuses on his wife's New Jersey home
- Lions strengthen their pass defense by drafting two cornerbacks
- Simbine upstages Coleman and Kerley to win 100
- Harvey Weinstein hospitalized after return to New York City jails
- Wayne Bennett, at 74, signs a 3
- Gray pitches Cardinals past scuffling Mets 7
- Rihanna puts on a VERY busty display in a sexy sand
- Kane scores twice in Bundesliga but injuries hit Bayern, Dortmund before Champions League semis
- Report says China is accelerating the forced urbanization of rural Tibetans
- Benintendi hits 2nd home of game in 10th, White Sox beat Rays 8
- Germany far
- Video surfaces of 326
- Jets trade defensive lineman John Franklin
- Türkiye calls for greater defense cooperation with Germany
- What to stream: Lenny Kravitz, South Park, 'Dune: Part 2'
- Russia vetoes UN Security Council draft resolution on weapons of mass destruction in outer space
- 3 children in minivan hurt when it rolled down hill, into baseball dugout wall in Illinois
- Blinken will visit the Mideast again this week. What can he achieve?
- What to expect in the California 20th District special election
- Simbine upstages Coleman and Kerley to win 100
Random recommendation
- Copyright © 2024 Powered by China's online transactions rise during Spring Festival holiday ,Cultural Current news portal sitemap