The most active crude oil contract for September 2020 delivery was up 2.7 yuan (39 US cents) to close at 282.9 yuan a barrel.
The move is aimed at preventing the base from overcrowding, which has been commonplace during previous holidays.
The move is aimed at offsetting the impact of such factors as tax payments and government bond issuance and keeping liquidity in the banking system at a reasonable and ample level, according to the statement.
The name of Xiaogang has since been fixed in the nation's memory as the start of China's reform.
The move is part of China's broader push to accelerate the commercialization of 5G services. The three telecom carriers disclosed in March that they would invest about 180 billion yuan (.5 billion) on 5G this year. They will also build 550,000 5G base stations this year.
The monetary authority allows the yuan to rise or fall by at most 2 percent on either side of the reference rate.
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The move came shortly after Tencent Holdings Ltd set up its first US-based AI research lab in Seattle. The project is led by former Microsoft Corp scientist Yu Dong and focuses on voice recognition technology.
The more conservative bill the House rejected last week clamped down on legal immigration and provided no way for the young immigrants to become citizens.
The mountainous city surrounded by the Yangtze and Jialing rivers boasts a unique three-dimensional landscape which has become a hot travel destination in recent years.
The move is aimed to close loopholes in the operation of these online services, criticized for attracting viewers regardless of government rules and morality.