In 2018, the number of Chinese travelers who bought travel accident insurance for outbound trips jumped nearly 20 percent year-on-year, according to a report by Ctrip.com International Ltd.
The 2019 China Central Television (CCTV) Spring Festival Gala attained an aggregate viewership of 1.173 billion across all platforms, up about 42 million over the same period last year.
The foreign currency red packet, which made its debut in January, is priced at 128 yuan each.
Hubei province has issued China's first standard for livestreaming platforms and hosts in a move that aims to weed out misbehaving hosts and impose strict surveillance measures on livestreaming companies.
The science and technology innovation board will focus on companies in high-tech and strategically emerging sectors such as new generation information technology, advanced equipment, new materials, new energy, energy conservation and environmental protection and biomedicine, the China Securities Regulatory Commission (CSRC) said in a statement.
In recent years, renting fake girlfriends or boyfriends to travel home with during the Spring Festival holiday — the Chinese celebration of the Lunar New Year — has grown in popularity. Businesses may charge meager fees or princely sums in exchange for temporary partners intended to appease parents impatiently waiting for their unwed children to settle down.