App

China sees robust online payments during Dragon Boat Festival holiday
Updated: June 3, 2025 20:54 Xinhua

BEIJING, June 3 -- Chinese online payment clearinghouse NetsUnion and card payment giant China UnionPay reported robust online payments during the Dragon Boat Festival holiday, the People's Bank of China said on Tuesday.

During the three-day holiday that concluded on Monday, online payments via the two platforms hit 4.8 trillion yuan (about 667.88 billion U.S. dollars), up 3.4 percent year on year, according to the central bank.

The two platforms handled 14.05 billion transactions during the holiday period, representing a year-on-year rise of 13 percent, the central bank added.

Cross-border payments made by inbound travelers through the two platforms showed remarkable growth, with transaction volume jumping 118.6 percent and total value increasing by 58.8 percent year on year during the holiday period.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218