"Blossom of wealth and prosperity, bamboo report of peace" means peony flower is a symbol of wealth and prosperity, the blossom is a representative of wealth and prosperity, the bamboo report is the meaning of the family letter, the family letter report of peace and prosperity to symbolize the family's health and well-being.

This phrase is often written in Chinese New Year couplets to express people's desire for a better life and hope for peace and prosperity.

The peony is considered the king of all flowers in China, representing wealth, completeness and elegance. With its large flower size, beautiful shape, rich color and fragrance, the peony has been praised by people throughout the ages and has high ornamental and medicinal values.

There were many literary and pictorial works about peony in ancient China, especially in Tang Dynasty, there were a lot of poems about peony, such as Liu Yuxi's "Only peony is the true color of the country, and it moves the capital city when it is in bloom", and Li Bai's "Clouds want to be clothed and flowers want to look like faces, and the spring breeze brushes the threshold and dew is thick", and so on. and Li Bai's "The clouds want to dress up and the flowers want to look beautiful, and the spring breeze brushes the threshold and the dew is thick", etc. All these are the best songs of peony.

There are many legends about peonies in the folklore, for example, Wu Zetian punished the peonies which were not willing to open for herself in winter by ordering to burn the peonies, but the peonies blossomed even more splendidly after the fire, and the people praised the peonies' character of defying the power and being tenacious and unyielding.

Because people in Tang Dynasty loved peonies, and Tang Dynasty was the most prosperous and rich era, peonies were also a symbol of wealth and prosperity. During the New Year festivals, folk loved to write peonies on spring scrolls to express their yearning for a happy life, richness and nobility.