The genius of the dumpling as a New Year symbol lies in its shape. The crescent-shaped jiǎozi closely resembles the ancient Chinese gold and silver ingots (元宝, yuánbǎo) that were used as currency for centuries — boat-shaped with curved edges and a broad middle. To fill a bowl with dumplings is to fill a bowl with gold.
The connection is reinforced by another linguistic parallel: the word jiǎozi (饺子) shares its sound with jiāo (交) meaning "exchange" or "handover," combined with zi (子) meaning both "midnight" and the first earthly branch in the zodiac calendar. Thus, eating dumplings at the midnight hour of New Year's Eve is a ritual of exchanging the old year for the new — precisely at the moment of transition.