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In 2004, there were calls to shorten Golden Week's duration due to its disruption of the regular economy. In 2006, delegates to the Chinese People's Political Consultative Conference brought up proposals to cancel both the National Day and May Day Golden Weeks, arguing that the holidays have not achieved significant results in promoting internal consumption, which was the original intention ...
Golden Week in 2019 was particularly long due to the imperial transition, with the succession of new Emperor Naruhito, son of Emperor Emeritus Akihito and Empress Emerita Michiko, who reigned as an enthronement on 1 May, and as well as designated as an additional national holiday.
The week-long holidays on May (Labor) Day and National Day began in 2000, as a measure to increase and encourage holiday spending. The resulting seven-day or eight-day (if Mid-Autumn Festival is near National Day) holidays are called "Golden Weeks" (黄金 周), and have become peak seasons for travel and tourism. In 2008, the Labor Day holiday ...
While state media celebrated the "Golden Week" numbers, Chan is only cautiously optimistic about China's economy, noting weak consumption data in other areas, like box office revenue.
A sluggish economy forces young Chinese to travel cheaply for this year's holiday.
Children's Day (こどもの日, Kodomo no hi) is a public holiday in Japan which takes place annually on May 5 and is the final celebration in Golden Week.It is a day set aside to respect children's personalities and to celebrate their happiness.
A recovery in domestic consumption not related to the Golden Week also fell short of expectations. Tesla sold 74,073 China-made electric vehicles in September, down 10.9% from a year earlier ...
April 29 was subsequently no longer celebrated as The Emperor's Birthday but instead as Greenery Day, part of Japan's Golden Week. After a series of failed legislative attempts beginning in 2000, the April 29 holiday was finally renamed Shōwa Day in 2007 with support from the ruling coalition composed of the Liberal Democratic Party and ...