Beijing Expects Record Holiday Travel With 4.99 Million Trips on Oct 1

The 8% year-on-year increase signals holiday mobility is still expanding rather than plateauing, which matters for how Beijing manages transport capacity and crowd control at a scale few cities handle. The read-across is mostly domestic: it says little directly about crypto or RWA markets, but it is a reminder that Chinese consumer activity remains a demand-side variable for regional risk sentiment. Whether the single-day peak actually sets a record, and whether the daily average holds through the holiday, is the open question.