How Many Days Are Highways Toll-Free During Mid-Autumn Festival?
1 Answers
Highways will still charge tolls during the Mid-Autumn Festival and do not implement toll-free passage. Although highways are not toll-free during the festival, there will still be a large number of vehicles traveling, making traffic congestion inevitable. Relevant information about the toll-free policy for highways during holidays is as follows: 1. Overview: The toll-free policy for highways during holidays refers to the exemption of tolls for small passenger vehicles during major holidays. 2. Policy Impact: Affected by macroeconomic factors, although only small passenger vehicles with fewer than 7 seats are toll-free during major holidays, due to the sluggish manufacturing economy, cargo transportation demand in some regions has declined significantly, leading to a year-on-year decrease in toll revenue during the free period. According to a report by Guojin Securities, this policy is expected to impact the performance of listed companies by approximately 5% to 10%.