Skip to Content Facebook Feature Image

Guangdong, HK, Macao expect cross-border travel surge during Golden Week holiday

China

China

China

Guangdong, HK, Macao expect cross-border travel surge during Golden Week holiday

2025-09-28 16:25 Last Updated At:20:57

China expects a surge in cross-border travel between southern province of Guangdong and neighboring Hong Kong and Macao, two special administrative regions (SARs) during the eight-day National Day and Mid-Autumn Festival holiday starting Wednesday.

The travel boom is partly attributed to a number of scheduled large-scale events including fireworks displays, concerts, and lantern exhibitions.

During the forthcoming holiday, Hong Kong will host a National Day fireworks display, a wine and food festival, and several sporting events, while Shenzhen, a city in Guangdong Province which borders Hong Kong, will launch three major cultural tourism projects including a large bookstore, a seaside theater, and an indoor ski resort.

These attractions are expected to draw in a large number of holidaymakers.

With diverse cultural activities and simplified customs clearance procedures, Shenzhen and Hong Kong are promoting cultural and tourism integration in the Guangdong-Hong Kong-Macao Greater Bay Area.

In addition, the Zhuhai border inspection station predicted that passenger volume during the holidayat ports connecting Hong Kong and Macao, including Gongbei, the Hong Kong-Zhuhai-Macao Bridge, Hengqin, and Qingmao, will reach 6.16 million, a year-on-year increase of over 35 percent.

Large numbers of Hong Kong and Macao residents will drive to Chinese mainland to go sightseeing and shopping, and the passenger volume is expected to reach record highs on Oct 3 and 4.

Guangdong, HK, Macao expect cross-border travel surge during Golden Week holiday

Guangdong, HK, Macao expect cross-border travel surge during Golden Week holiday

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

Recommended Articles