This day commemorates the formal establishment of the People’s Republic of China in 1949. The Chinese Communist Part victory in the Chinese Civil War resulted in the Kuomintang retreat to Taiwan and the Chinese Communist Revolution in which the People’s Republic of China replaced the Republic of China. It is observed on 1st October, but another 6 days are added to the official holiday, normally in lieu of the two weekend breaks around 1st October, making it a de facto public holiday compromising seven consecutive days also known as Golden Week. There are festivities and concerts usually held with a grand military parade and mass pageant event held on select years.