Skip to content
hroughout the world, with a history of more than 2,000 years. In 2006, the traditional festival was listed as part of China’s
national intangible cultural heritage. In 2008, it was recognized as a public holiday in the Chinese mainland.
The Dragon Boat Festival commemorates the death of Qu Yuan, a Chu state
official and poet who lived during the Warring States Period (475-221 BC) before the reu
nification of China under the Qin Dynasty (221-206 BC). He was exiled after opposing his king’s decision to ally wit
h the neighboring state of Qin, and when Chu was finally conquered by Qin, he
committed suicide by drowning in the Miluo River on the fifth day of the fifth lunar month.
The Chu people, who admired Qu Yuan for his loyalty and integrity, th
rew rice dumplings into the river to feed the fish so they would not eat the body of their po
et hero. People then started dragon boat racing to scare off the fish.
Since then, the fifth day of the fifth month on the lunar calendar is cel
brated as the Dragon Boat Festival. The following are some customs for the festival.
policies for residence permits and financial incentives to lure more talent.
For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua
tes with master’s and doctoral degrees, respectively, after they work in the city for three years.
Haikou, capital of Hainan province, is attracting college students with a monthly rent s
ubsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.
Employment, especially some groups such as college gradu
ates and demobilized military staff, remains a priority to the government.
Premier Li Keqiang said at a teleconference on May 13 that employme
nt pressure will be felt this year by a larger number of college graduates. However, promotin
China’s consumer price index (CPI), the main gauge of inflation, gr
ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.
The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru
ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.
NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros
e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.
Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.
Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose
0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.