Dàojiào rènwéi Xiàyuán shì shuǐguān jiě'è de rìzi.
Daoists hold that Xiayuan is the day the Water Official frees people from misfortune.
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The last of the three 元 festivals, after 上元 and 中元. Each belongs to one of the Three Officials of Daoism: Heaven at Shangyuan, Earth at Zhongyuan and Water at Xiayuan. It is much less kept today than the other two; the longer form is 下元节.