Skip to Content Facebook Feature Image

Chinese tech giants launch multi-billion yuan Spring Festival campaigns

China

China

China

Chinese tech giants launch multi-billion yuan Spring Festival campaigns

2026-02-03 17:51 Last Updated At:22:37

Chinese tech giants are investing billions of Chinese RMB (yuan) to attract users through their AI platforms during the upcoming Spring Festival holiday, collectively creating a significant incentive for festive consumption.

The Spring Festival, or the traditional Chinese New Year, falls on Feb. 17 this year, with the official holiday period lasting for nine days.

Alibaba's Qianwen AI assistant has launched a three-billion-yuan campaign, granting users complimentary access to dining, travel, and entertainment services within its ecosystem.

The initiative follows Tencent's Yuanbao AI, which distributed 1 billion yuan in digital red envelopes, briefly topping app store rankings and placing significant strain on its servers.

Baidu's "Wenxin" AI has also entered the competition, launching its own digital red envelope campaign backed by a 500 million yuan fund.

Chinese tech giants launch multi-billion yuan Spring Festival campaigns

Chinese tech giants launch multi-billion yuan Spring Festival campaigns

China's top legislator Zhao Leji met with President of the Oriental Republic of Uruguay Yamandu Orsi in Beijing on Tuesday.

Noting China has always regarded Uruguay as a trustworthy friend and partner, Zhao, chairman of the National People's Congress (NPC) Standing Committee, said China is willing to work with Uruguay to follow the strategic guidance of the heads of state of the two countries and promote China-Uruguay cooperation to achieve more results and better benefit the two peoples.

He said the NPC is willing to enhance exchanges and mutual learning with the Uruguayan General Assembly on legislation, supervision and governance experience, and provide a favorable legal environment for deepening practical cooperation.

On the basis of mutual respect, the relations between Uruguay and China have developed healthily and steadily, Orsi said.

He expressed the hope that the two sides will deepen cooperation in such fields as economy and trade, investment, environment and culture, strengthen friendly exchanges between legislative bodies, learn from each other's legislative experience, and continuously promote the development of bilateral relations.

China's top legislator meets Uruguayan president in Beijing

China's top legislator meets Uruguayan president in Beijing

Recommended Articles