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.
Related articles:
Related suggestion:
Influencer Laura Lee reveals she spent $2,000 buying Kylie Jenner's USED designer shoesStock market today: Asian benchmarks are mixed while US seems committed to current ratesUS navy flies aircraft through the Taiwan Strait a day after US3 Vietnamese land rights protesters released early from prison — Radio Free AsiaFrom amazing food to swanky hotels and electrifying sportDefense and security among key issues in EU Parliament elections, survey showsThe Taliban suspend two TV stations in Afghanistan for neglecting Islamic and national valuesAlison Hammond's son Aidan follows in his mum's footsteps as he lands HUGE new jobPaul McCartney's psychedelic Wings 1972 doubleBiden is seeking higher tariffs on Chinese steel as he courts union voters
2.0135s , 6516.0078125 kb
Copyright © 2024 Powered by China's online transactions rise during Spring Festival holiday ,Worldly Wave news portal