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Ant Financial, an affiliate of Hangzhou-based tech titan Alibaba, announced last month that its Alipay has entered local bus networks in 50 domestic cities. This service would reach 100 cities this year, including third- and fourth-tier cities.

Ant Finance has become the strategic partner to Bangladesh's biggest online payment company Bkash. And UnionPay International has cooperated with Mutual Trust Bank, a private commercial bank in Bangladesh, to jointly launch debit and credit cards with mobile payment services.

Anyone who fails to hand out the gift is thought disrespectful. Therefore, everyone, from billionaires to regular citizens, is happy to give laisee during the festival, although the amount of money differs.

Another major online travel agency Ctrip said people aged between 46 and 75 accounted for 58 percent of the total number of people visiting the southern polar region, and males made up around 60 percent.

Anthony Indaimo, partner of international commercial law firm Withers, sees Chinese money still looking for European luxury brands, because Western brands, particularly those made in Italy, are seen as ultra-luxurious with a minimum 30 percent price premium in China.