Written in China and read by professionals
in over 160 countries worldwide





China Briefing is a monthly magazine and daily news service about doing business in China. We cover topics relating to the Chinese economy, the market in China, foreign direct investment and Chinese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates




Market Indexes

Shanghai

Shenzhen


Guangdong Brings Back May Golden Week Holidays

Mar. 26 – The Guangdong government announced that it would bring back the May Day golden week holiday by advancing the following Saturday and Sunday and adding two days from the resident’s annual paid holiday to the three-day vacation from May 1 to 3.

It is the first province to be allowed to change holiday dates since Beijing cut the May Day holiday from seven days to three to spread out the holidays and ease overcrowding.

“The scheme is applicable to governmental and State-funded sectors, schools and State-owned enterprises, as well as organizations based in Guangdong but have branches elsewhere. Private sector enterprises and self-employed people in the province are also being encouraged to follow the pattern,” Liu Xiaojie, deputy secretary-general of the provincial government told China Daily.

The holiday extension is part of Guangdong’s plan to increase domestic consumption. Guangdong residents can also take advantage of off season prices because other provinces would not have the same holidays.

He added: “The scheme, a part of the province’s national travel and recreation program initiated in February with the approval of the State tourism authority, is expected to spur the holiday economy at the time of economic recession.”

This entry was posted in Culture and History, Economy and Politics, South China. Bookmark the permalink.

One Response to Guangdong Brings Back May Golden Week Holidays

  1. Ina says:

    “It is the first province to be allowed to change holiday dates since Beijing cut the May Day holiday from seven days to three to spread out the holidays and ease overcrowding.”
    Then the next day, it was canceled by the Central Government. By the way, does anybody know who actually is in charge of this May Day holiday decision? Or is just a joke that the GD government between BJ?

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


Dezan Shira & Associates, Twenty years of Excellence

The Asia Briefing Bookstore

Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more…
Click here to view all titles now

China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store

NOW AVAILABLE IN PDF