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.
Andretti Global makes key engineering hire in bid to earn a spot in Formula 1
Doctor Who new series sees rising star Josie Sedgwick
Alabama state senator chides male colleagues for letting parental leave bill die
Pablo López strikes out 8 in 6 innings as Twins beat Red Sox 3
Pogacar extends Giro lead to over 7 minutes after winning altered Stage 16 amid protests at start
Cubs hit three home runs and stifle late Brewers rally in series
Alabama state senator chides male colleagues for letting parental leave bill die
TSA discovers bag of snakes in passenger's pants at Miami airport
Ecuador: Fire department honors five rescue dogs during retirement
Iran's nuclear policy unlikely to change even after president's death
Forget five a day... you need to eat 30 plants a week! Here HUGH FEARNLEY