A traditional way of gifting money in Chinese culture, especially around the Chinese New Year, has been recreated virtually on China’s CBDC app in time for the festivities in a seeming bid to boost users.
introduced a feature for users to send money in an electronic version of traditional “red packets” to try to attract new users.
The new feature was released over the weekend, around one month ahead of the Chinese New Year on Jan. 22, asin China, are traditionally used for gifting money around the Chinese New Year and other celebrations as a gesture of good luck. The rising use of digital payments has seen virtual red envelopes offered by popular local services such as WeChat Pay and Alipay.
Reportedly, the e-CNY app allows a red packet to be sent to only one person, or a “lucky draw” can be set up for a group of people who will get a random amount from a pool of funds, both WeChat Pay and Alipay have a similar feature. Users can choose a packet cover that displays well wishes for the new year or birthdays as well as wishes for a “prosperous China.” threshold on Oct. 10 seeing an increase of only 14% since the $12 billion reported at the end of 2021 by the People's Bank of China.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Chinese academic database fined by antitrust watchdogChina's State Administration for Market Regulation (SAMR) has fined China National Knowledge Infrastructure (CNKI) 87.6 million yuan ($12.6 million) for abusing a 'dominant market position', the watchdog said on its website on Monday.
Weiterlesen »
Packed ICUs, crowded crematoriums: COVID roils Chinese townsEmergency rooms are turning away ambulances, relatives of sick people are searching for open beds, and patients are slumped on benches in hospital corridors and lying on floors for a lack of beds.
Weiterlesen »
‘A sea change’: Biden reverses decades of Chinese trade policyForget tariffs. President Joe Biden’s actions to crack down on Beijing’s tech development could do more to hinder the Chinese economy — and divide the two nations — than his predecessor ever did
Weiterlesen »
Chinese make travel plans as COVID rules ease furtherChinese people, cut off from the rest of the world for three years by COVID-19 curbs, flocked to travel sites on Tuesday ahead of borders reopening, even as rising infections strained the health system and further roiled the economy.
Weiterlesen »
TikTok’s Chinese owner fires workers who gathered data on journalistsIn an attempt to identify who had shared internal documents with journalists from BuzzFeed and the Financial Times, workers on a ByteDance internal-audit team — two in China, two in the U.S. — pulled the reporters' IP addresses and other data.
Weiterlesen »