5 result(s) for “Golden Week”
Beijing this week rolled out a package of central bank rate cuts, expanded low cost relending quotas and the first nationwide commercial mortgage interest subsidy for eligible first time buyers, aiming to stabilise the property sector and lift consumption during Golden Week.
State refiners halted shipments beyond Hong Kong and Macau ahead of Golden Week, with PetroChina cancelling several October cargoes. Traders said the move has already pushed oil product prices higher and tightened supply in Asia and beyond.
As China prepares for its Golden Week holiday starting October 1, a surging online debate over mandatory weekend work has exploded on domestic platforms, with a Weibo topic attracting hundreds of millions of views and companies and regulators watching closely.
China’s central bank supplied hefty short term cash to markets on September 28 as quarter end and the week long National Day holiday approach, combining overnight, seven day and 14 day reverse repos to smooth money market strains even as net liquidity was modestly withdrawn after accounting for maturing facilities.
Beijing is set to publish monthly industrial profit figures on September 28, 2026. Economists and investors will treat the release as a near‑term barometer of manufacturing momentum, corporate margins and the extent to which China’s struggling property sector is weighing on firms.