What is Golden Week? “Golden Week” is the name given to the two annual weeklong national holidays established by the Chinese government in 1999 to stimulate domestic spending. Today the Golden Week holidays are known as much for the logistical nightmare created when nearly half a billion people all travel at the same time. There are two Golden Week holidays each year in China. The first occurs in January or February at Chinese New Year during the Spring Festival and the second occurs in early October around National Day. Check our public holiday schedule for this year’s exact dates. A third Golden Week in May around Labour Day was eliminated in 2008 and replaced by single-day holidays for three traditional festivals, the Qingming Festival, the Dragon Boat Festival and the Mid-Autumn Festival. Today, Labour Day is simply a three-day weekend. During Golden Week, workers receive three days of paid leave and the surrounding weekends are re-arranged to create a full seven-day holiday. Enjoy your holidays! The Ignite Team
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The Chinese Golden Week is a series of public holidays in China that was established to celebrate the country's National Day. The Golden Week in 2023, like in previous years, comprises several public holidays, including: 1. National Day (国庆节): National Day falls on October 1st and marks the anniversary of the founding of the People's Republic of China in 1949. 2. Mid-Autumn Festival (中秋节): Also known as the Moon Festival, it is a traditional harvest festival celebrated on the 15th day of the eighth month of the lunar calendar, which usually falls in late September or early October. During the Chinese Golden Week, public facilities, government offices, schools, and many businesses in China close to celebrate these important holidays. The Golden Week is a time of extensive travel, family reunions, and various cultural and recreational activities. This closure of public facilities can lead to significant disruptions in various aspects of business, particularly in logistics operations and communication: Delays in Logistics Operations: - Shipping and Transportation: International shipping and domestic transportation within China experience delays. Ports, customs offices, and logistics companies operate with reduced staff, causing slowdowns in the movement of goods. Expect delays in the dispatch and receipt of shipments. - Manufacturing and Supply Chain: Many factories and production units shut down or operate at reduced capacity, affecting the global supply chain. Businesses relying on Chinese manufacturing may face delays in production and delivery. - Customs Clearance: Delays in customs clearance procedures are common during this period, impacting the timely processing of imports and exports. Documentation and approval processes might take longer than usual. Communication Challenges: - Limited Availability: Key contacts in Chinese businesses and offices are on holiday, leading to delayed responses to emails and messages. - Reduced Business Hours: Companies that remain open during the holiday have reduced business hours, affecting the ability to conduct real-time communication. To all those celebrating this Golden Week, Wishing you and your family a joyful and peaceful Golden Week! May this holiday season bring you happiness and prosperity. Should you need any assistance, feel free to reach out to me. Kevin Van Den Hurk #ChineseGoldenWeek #GoldenWeek #Holidays #Festivities #Information #Informationsharing #Learningnewcultures #clearing #clearingandforwarding #logistics #airfreightnews #freight #freightforwarding
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The Chinese New Year (新年 - xīn nián) is the most important festival of the year in China, for thousands of years it has been celebrated removing the bad and the old, and welcoming the new and the good. During the New Year important family reunions are held, so millions of workers come back home, to worship ancestors, exorcize evil spirits and pray for good harvest. Because the Chinese calendar is primarily a lunar calendar, dates on the Chinese calendar do not line up exactly with dates on the Gregorian calendar (the international standard). This means that Chinese holidays that fall on the same date annually on the Chinese calendar do not fall on the same dates annually on the Gregorian calendar. The three main dates: Chinese New Year's Eve on February 9th, 2024 Chinese New Year's Day on February 10th, 2024 The Lantern Festival on February 24th, 2024 China's public holiday for Lunar New Year is 8 days, from Chinese New Year to the 8th day of the lunar calendar new year. Offices, banks, factories, shops, and most non-essential services will close doors for a week's holiday. Hotels and large retail outlets stay open and may even be busier than usual! School holidays are four weeks long and migrant workers abandon their factory and construction jobs for weeks to return home. Taiwan enjoys a 7-holiday from February 8 to 14 in 2024. Hong Kong residents have a 4-day holiday from February 10th to 13th, 2024. Macau residents have a 6-day holiday from February 9th to 14th, 2024. Holidays in other Southeast Asian countries such as Singapore, Malaysia, Indonesia, Thailand and Philippines usually are 1 to 3 days. 2024 is the Yang-Wood Dragon year, according to the Chinese zodiac. The 4721st Chinese year starts on February 10th, promising strong energies and power. The majestic wooden Dragon brings profound significance to business: Abundant Growth, Innovative Solutions, Networking Opportunities and Long-Term Success. 新年快樂 (xīn nián kuài lè) Happy New Year! References: COBABE, S. What Calendar Do We Use? | All about the Gregorian Calendar . Link: <https://lnkd.in/dQxPhFnr>. PUBLISHED, R. C. Keeping Time: Leap Years and the Gregorian Calendar. Link: <https://lnkd.in/dt85Vpak>. EZONE, E. Year of the Wood Dragon: A Time to Seize Business Opportunities. EZONE, 31 jan. 2024. MASTERTSAI, A. T. -. Master Tsai 2024 Green-Wood Dragon Horoscope Prediction. Link: <https://lnkd.in/dnScJJKR>. ROYAL MUSEUMS GREENWICH. How do people celebrate chinese new year? Link: <https://lnkd.in/deP_S5Fc>. CINDY. Chinese New Year 2020 and 2021: Dates, Animals, Calendar. Link: <https://lnkd.in/dkeYAAEN>. #China #COMEX #CNY #新年快乐
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Hong Kong based C-suite executive | Asia Sourcing and Production | Global Trade Transformation | Supply Chain Resilience | ESG Compliance | Global MNC | Hardgoods | 20+ Years Solid Asia Experience
After my recent trip to China, I regretfully share the same sentiment expressed in this article by David A. Dayton Ph.D (泰大卫 คุญเดฟ), regarding the country's economic situation being "slow, and not improving." While China's exports saw a halt to their seven-month decline in November 2023, there are concerns about the sustainability of this recovery as exporters cannot continue slashing prices indefinitely. Overseas customers are aware of this predicament, and their travel patterns reflect it. During my flight to Nanjing last week, I noticed two foreigners. On my return flight, there was only one. In China, many individuals are beginning to realize that the three or four apartments they own are not appreciating in value. Selling them without incurring losses has become nearly impossible. Consequently, people are becoming cautious with their spending habits. Hotel restaurants remain empty, while other eateries and bars compete fiercely by offering significant discounts. This does not bode well for the profitability of the food and beverage industry in China during the upcoming 2023-2024 festive season. On a Saturday morning drive through Changzhou, I observed remarkably vacant roads. It appears that China is currently facing its own version of a Lehman moment, and everyone is anxiously awaiting the implementation of solutions to address the situation. If you are concerned about the financial situation of your suppliers in China please dm me to learn how Trimex can help. #trimexknowsasia
It does me absolutely no good financially, professional, or personally, for the Chinese economy to be bad. My family is from China, my business is China focused, and my interests academically all deal with China. But the reality is when I talk to Chinese people working in China and I go there myself for work, there are very few positive happenings right now. And almost no foreigners. After spending another three weeks in Asia (6 of the past 8), I have a few observations based on discussions with entrepreneurs, factory owners, and drivers in different parts of China. 1. 除夕 vs 除习 This year is the first year that 除夕 (chuxi) Chinese New Year’s Eve is not being included as a national holiday. Why? The rumors are that it “sounds bad”—除夕 vs 除习 (chuxi vs chuxi—New Year’s Eve vs Eliminate Xi.) Not a politically acceptable term. The national holiday is 8 days this year, but typically many will take additional days. What this means for companies is that they have to pay employees to work on Chinese New Year’s eve even if they let them off, which many will because of the cultural traditions surrounding the date. https://lnkd.in/gtYuMzDK 2. My buddy has a theory that when you really want to know about the economy, you talk with Joe-Manual-Laborer. The yard guys, the house cleaners, the window washers—jobs that get eliminated when money gets tight. The equivalent in China is DiDi drivers—people don’t take private rides/deliveries if they can use public transport and pick up things themselves. DiDi drivers, those that I spoke with personally last month and according to the people that I talked with recently in Thailand/Singapore, are either generally negative or unwilling to talk. People don’t usually hide good news. I spoke with drivers in Shanghai, and I’ve talked with business people from Guangdong and Beijing and they are saying the same things—“it’s slow and not getting better.” 3. The flood of people that have been leaving China the past few years is slowing down. Not that the numbers or desire isn’t there but that the govt is more successful in limiting people/monies leaving. The arrest of Chinese people in Singapore for money laundering and the continuation of the domestic corruption crack-down (not unwarranted) has indeed made people more cautious. 4. Finally, the flow of information leaving China is now almost completely turned off. No GDP numbers—won’t hide the negative vibes. Foreign Ratings and other financial agencies are being censored for forecasting that does not comply with the official government outlook. And domestic financers and bankers and other industry professionals are being told specifically to “adhere to Marxist principles.“ It will be increasingly difficult to get accurate info unless you are on the ground personally. Doing business in China, despite the new no-visa travel opportunities for some EU countries, is difficult, slow, and likely not getting better in the near term.
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Leadership | Quality Management | Project and Program Management | Thought Leader | MBA@IIMB | Cloud and K8S enthusiast
The Monday musing this week is from 35000ft above sea ☺️. I am returning back from a vacation, recharged! Last week we were at Hongkong, a city that amazed me as a facade of commercial attractions. Truly standing as a hallmark of a Chinese territory, from once being just a fishing village/island, today it's got the world's densest population, the country with most richest people, most Rolls Royce per capita, most skyscrapers and many more of such superlatives. And wait, there was an interesting stat that got me curious.. HK also has the world's highest average life expectancy at about 85 years!!. That got me thinking and of course googling, as they got to be doing something right despite such large scale commercialization!! And a few pointers here: they banned smoking outdoors, banned processed meat promote fresh seafood and vegetarianism, banned single use plastics, promote proactive medical checks and promote public transport for good health and less pollution. There's a lot to learn and emulate from this city. The city of dreams! The crux of communism always focusses on public welfare although sometimes it can be a bit self centered. HK to me is modified version, as the modern era of communism! Happy work week ahead!
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IIT Delhi | IIM Calcutta | 16+ Years Experience | P&L Leader | Strategy & Monetization | Business Launch & Founder Experience | International Exposure (NY, London) | Startup Ecosystem
#InformallyFormal #BusinessHolidaysRethink On way to office, and it is one of the smoothest rides with least traffic ever... Was thinking to myself.. what could be the reason, the festival? And then I realized, the festival was indeed the "long weekend++" with 2nd October as Monday, Sat Sun and then 1-2 days before and ... you have the perfect recipe to take holidays (and reduce the traffic!) Fortunately or unfortunately, the festival of weekend supersedes all other festivals that have been a part of our culture for 1000s of years. May be it is time to rethink our holidays? Time to rethink Sat Sun? Time to rethink if business holidays define our cultural life? Let's see :)
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Dear partners, The beginning of the year has been very busy. Thank you for your generous orders! And of course, many thanks to our own team for their flexibility and hard work in making these orders happen. They’ve earned their well-deserved break. Here in the north, autumn and winter are dark periods of the year when days are short. In the summer, days are long and light and it’s important to take advantage of that period for the renewal of body and mind. So in the Nordic region, it’s very common to take a four-week summer holiday, which means that many companies pause their operations. Every year we have to explain this to our global customers, who spread holidays evenly throughout the year to keep businesses running. We’re now enjoying this period at Vahterus. Our factory in Finland will close for three weeks. Business slows down for a short period while people rest and gather energy for the future. Finland is a land of summer events. We have thousands of concerts, summer theatres, art exhibitions, markets and archipelago trips in villages throughout the country. This strengthens local communities, and at the same time, along with our beautiful scenery, attracts many international tourists here. I often say that life comes down to three simple things: family, health and work. Work is important, of course, but perhaps you’ve seen in our communications how we highlight, through the use of a triangle, the fact that taking care of our health and our nearest and dearest are just as important. These three need to be in balance. Now, during the summer holidays, we focus on our health and on our families. In August, we start again at full speed. In the meantime, let's enjoy the holiday and the Finnish summer. Together we succeed! Mauri Kontu Founder and CEO #vahterus #heatexchangers
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Moving to a foreign country is difficult. Have you thought about your international colleagues during Christmas time? How would you feel being alone in a new and foreign country during Christmas time and what can you do to make a difference? We have a few suggestions you might consider using: · Include your international colleague in Christmas celebrations for a sense of belonging. · Share insights into Danish traditions, fostering cultural understanding. · Be curious, learn about- and be open to their traditions. Be aware of their challenges and issues. · Offer support and warmth, recognizing the challenges of the holiday season away from family and home. Small steps from you, may mean the world to another. #internationals #globalmobilityservices #relocation
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Notice of closure for Golden Week: Our offices will be closed on the following days in observance of Japan's Golden Week public holidays: 29 April, 3 May, 6 May. We will respond just as soon as we can upon our return to the office. Please kindly note that our responses may be delayed due to the high volume of enquiries. We greatly appreciate your patience. If you are currently in Japan and have an urgent issue that will affect your tour, you can contact our duty staff member via the emergency contact details on page 1 of your Day-by-Day Itinerary. These emails and calls are handled by an individual team member outside the office. We endeavour to answer all calls. If the duty staff member is engaged, please try again later, or send an email and they will respond as soon as possible. Please be aware certain administrative issues may be best resolved when our office reopens.
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Certified Trainer - Advanced Corporate Training Professional on HR, IR & Labour Laws @ HR & IR ACADEMY.
MINIMUM NATIONAL & FESTIVAL HOLIDAYS IN ANDRAPRADESH: Question from our Student: 1) What is the minimum number of public holidays that an organization is required to provide to employees annually as per the Andrapradesh Industrial Establishment (National & Festival Holidays/ Act? 2) Are there any additional considerations or requirements related to public holidays that we should be aware of to ensure compliance? Answer from HR & IR ACADEMY: As per the Andhra Pradesh Industrial Establishment (National & Festival Holidays) Act, an organization is required to provide a minimum of NINE DAYS out of which three national holidays: Republic Day (January 26th), Independence Day (August 15th), and Gandhi Jayanti (October 2nd) to be declared mandatorily to its employees annually. Apart from these, organizations may have to comply with additional state-specific holidays declared by the government of Andhra Pradesh and the national & festival holidays. But we advise you to get updated with any amendments or additions to the list of public holidays to ensure full compliance. In addition to the above, ensure that all employees are informed about the holiday schedule and that any necessary compensatory measures are taken if employees work on these holidays.