A festival called the Hungry Ghost Festival (TC: 盂蘭盆, SC: 盂兰盆 Yúlánpén) is held to honor the hungry ancestor ghosts and food and drink is put out to satisfy their needs.
Another form of imitation yuanbao - made by folding gold- or silver-colored paper - can be burned at ancestors' graves during the Ghost Festival, along with imitation paper money.
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