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China expects surge in interregional passenger trips during upcoming May Day holiday

China

China

China

China expects surge in interregional passenger trips during upcoming May Day holiday

2025-04-30 18:03 Last Updated At:19:47

The total number of interregional passenger trips across China during the upcoming five-day May Day holiday starting May 1 is estimated to reach 1.42 billion, a year-on-year increase of 4.5 percent, according to the Ministry of Transport.

The May Day holiday is typically one of the busiest travel periods of the year. During the holiday, Chinese travelers hit the road to visit family, explore domestic destinations, or venture abroad.

The China Railway estimated that 18.7 million interregional passenger trips will be handled nationwide on Wednesday, with 1,166 additional trains scheduled to meet the surging demand.

According to the ticket pre-sale situation, the number of cross-border passengers has increased significantly. As of the end of Tuesday, the number of cross-border international passenger trips made on the China-Laos Railway exceeded 500,000.

Due to the intersection of commuter traffic and early holiday travel, it is expected that traffic pressure on the road network will gradually increase from 14:00 Wednesday, with the peak period falling from 18:00 to 20:00.

In terms of air travel, it is estimated that an average of 2.15 million passenger trips will be handled daily nationwide during the holiday period.

China expects surge in interregional passenger trips during upcoming May Day holiday

China expects surge in interregional passenger trips during upcoming May Day holiday

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday

Chinese yuan strengthens to 7.0108 against USD Monday

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