Young people in China leaving digital assets in wills

Assets include bank deposits, Alipay and WeChat Pay balances as well as accounts for virtual or online games. - Reuters

BEIJING (China Daily/Asia News Network): More young people in China have been preparing wills, and they are including a number of digital assets that previous generations would not have considered.

According to a white paper released recently by the China Will Registration Centre, more than 1,200 people born in the 1990s have registered wills with the centre, with 553 doing so last year, 80 per cent more than in 2020.