China saw a National Day holiday return trip peak on Sunday, with the Ministry of Transport estimating over 282 million cross-regional trips taking place on the sixth day of the country's "Golden Week."
The National Day holiday, also known as "golden week," is usually one of the peak seasons on China's domestic tourism calendar.
Holidaymakers across the country headed home by train, car and air on the day, with the estimated volume of total trips 6.5 percent up from the same period last year. Railways in particular are expected to handle 18.73 million passengers, with 1,432 additional trains scheduled.
The national railway network has been handling over 17 million passengers for six consecutive days since the holiday travel rush started.
Highways across the country continue to maintain high volumes of traffic, mostly from return trips.
The nation's capital Beijing saw significant increases of traffic flow entering the city on major highways.
Meanwhile, the country's civil aviation sector is expected to transport more than 2.34 million passengers on the same day. Airlines within China have handled over 11.4 million passengers in the first five days of the holiday.
Holiday travel enters return peak on day 6 of China's 'Golden Week'
Holiday travel enters return peak on day 6 of China's 'Golden Week'
Holiday travel enters return peak on day 6 of China's 'Golden Week'
China's General Administration of Customs (GAC) on Wednesday issued details on the implementation of an additional 84 percent tariff on imported U.S. products following U.S. tariff hikes.
The GAC posted an announcement on its website on Wednesday stating that, according to an earlier announcement from the Customs Tariff Commission of the State Council, China will raise the additional tariff on products imported from the U.S. to 84 percent, effective from 12:01 on April 10 (Thursday).
Goods that are exported from the place of origin before 12:01 on April 10 and imported to China between 12:01 on April 10 and 24:00 on May 13 will be considered as "in-transit goods” and will not be subject to the additional tariff.
According to the GAC announcement, from 12:01 on April 10 all goods declared for import originating from the U.S. will be subject to the additional tariff. This will be based on the current taxation method and applicable tariff rates consisting of the sum of the current most-favored-nation tariff rate or provisional tariff rate and the already implemented additional tariff rate.
For "in-transit goods," importers can apply for exemption from the additional tariff but are required to verify the transportation status of U.S.-origin goods, and confirm that the transportation vehicle carrying the goods departed from the place of origin before 12:01 on April 10, and that the relevant goods are declared for import before 24:00 on May 13.
For "in-transit goods" seeking exemption from the additional tariff, the import declaration should be made after the transportation vehicle carrying the goods enters China.
China releases details of implementation of additional tariffs on US goods
