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Dragon Boat Festival thrills in Chongqing with traditional, modern spectacles

China

China

China

Dragon Boat Festival thrills in Chongqing with traditional, modern spectacles

2024-06-10 03:52 Last Updated At:11:37

Celebrations to mark Duanwu, also known as the Dragon Boat Festival, were held with a traditional dragon dance in Anju Ancient Town in Tongliang, the homeland of the dragon, in the southwestern Chinese city of Chongqing.

Each year, Duanwu is celebrated with various festivities nationwide, with dragon boat races being the most famous. Over time, each region has incorporated its unique features and cultural traditions into these races.

Anju Ancient Town has a centuries-old history of celebrating this tradition.

A nearly 100-meter-long Tongliang handcrafted dragon glided across the water where two rivers meet. Additionally, there were stunts featuring jet skis, water jetpacks, and powered paragliders. Drones were used to make four lifelike dragons fly gracefully in the sky, creating a spectacular visual feast.

"When it comes to the usual Dragon Boat Festival celebrations, many places stick to the traditional dragon boat races. However, what we're doing is showcasing intangible cultural heritage and presenting some unique performance styles. This year being the Year of the Dragon, and Tongliang's fame for its dragon culture, we've incorporated dragon-themed elements, making the celebration even richer," said Yan Yong, director of Tongliang Culture and Tourism Commission. 

"This is my first time witnessing such a grand and awe-inspiring performance, and I'm truly amazed by the strong festive atmosphere of the Dragon Boat Festival. It's our traditional holiday, and we should definitely continue to preserve and promote it," tourist He Wenrong said.

The traditional dragon boat races are essential to the celebrations. With the sound of the starting whistle, rowers paddle vigorously, their boats racing toward the finish line as crowds cheer on. The races have inspired another competition, known as the duck-catching contest, where firecrackers signal a race to catch ducks thrown into the water as the leading dragon boat approaches. It's a highlight of the festivities.

"China has a lot of culture and traditions. Many things impressed me, not only the dragon boat race but also the environment, the view, and everything. And especially Chinese culture, I like also the old culture, the old buildings and things like that, and luckily, they keep it here like that," said Eddy, an Australian tourist.

Dragon Boat Festival thrills in Chongqing with traditional, modern spectacles

Dragon Boat Festival thrills in Chongqing with traditional, modern spectacles

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Japanese seek diversified investment options as yen devalues

2024-07-14 12:04 Last Updated At:12:37

The Japanese people are eyeing diversified investment options at a three-day wealth management exhibition which started on Friday in Tokyo, as the depreciation of their fiat currency yen goes on.

Since July, the retail price of gold in Japan has repeatedly hit new highs, and the price per gram rose to 13,612 yen (about 86 U.S. dollars) on Thursday.

As inflation continues in Japan, precious metals are increasingly popular as a way to beat it.

In addition to paper gold, rare precious metal coins have gradually become one of the new financial investment favorites in Japan in recent years.

"The gold content of coins determines their value as precious metals. But as collectibles, their price on the auction market will go up," said Mitsuru Hayama, an exhibitor.

In addition to traditional financial products which include real estate, there is a trend of diversification at this exhibition.

For example, for investment products such as agricultural blueberry gardens and mushroom farms, investors can choose to make investment only, or they can participate in specific business operations.

Investable wines and whiskies are also a big draw at the expo. Among them, wine investment has an online trading model, where investors can view the latest prices of wines on their mobile phones in real time and conduct transactions .

"You buy it when it's cheap and drink it whenever you want. This is the prime pleasure of investing in the wine. Even if you don't drink it yourself, you'll be happy if its price rallies," said Eiji Odawara, an exhibitor.

According to the latest data released by the Bank of Japan in June, as of the end of March this year, the scale of Japanese household financial assets inched up 7.1 percent compared with the same period last year, reaching 2,199 trillion yen (about 13.9 trillion U.S. dollars), hitting record highs for five consecutive quarters.

Among them, cash and deposits accounted for 50.9 percent, much higher than other advanced economies such as the United States and some European countries.

Japanese seek diversified investment options as yen devalues

Japanese seek diversified investment options as yen devalues

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