The Ministry of Commerce and 9 other units: Encourage financial institutions to cooperate with key merchants to launch consumer red envelopes, consumer discounts, and other benefits

The Ministry of Commerce of China and 9 other departments issued the "2026 'Happy Shopping Spring Festival' Special Event Plan," encouraging financial institutions to collaborate with key merchants to launch consumer red envelopes and discounts to expand the coverage of the event. At the same time, the plan mentions combining local consumption promotion activities, introducing payment discounts and points redemption measures, and encouraging the use of digital renminbi for consumer red envelopes. Financial institutions will strengthen mobile red envelope technical support and ensure an adequate number of outlets are open to meet the financial service needs of the public