Is the Highway Free During Mid-Autumn Festival?
1 Answers
The highway is not free during the Mid-Autumn Festival. Currently, highway toll exemptions are only applicable to major holidays, such as the highly valued Spring Festival, as well as other nationally significant holidays like Qingming Festival, Labor Day, and National Day. Additionally, there are specific vehicle requirements—only small passenger vehicles with seven seats or fewer are eligible for the toll exemption. Relevant information about the highway toll-free policy during holidays is as follows: Introduction: The holiday highway toll-free policy refers to the exemption of toll fees for small passenger vehicles during major holidays. Policy Impact: Affected by macroeconomic conditions, although the toll exemption during major holidays only applies to small passenger vehicles with seven seats or fewer, the decline in manufacturing economy has led to a noticeable drop in freight transportation demand in some regions. As a result, toll revenue during the free period is expected to decrease year-over-year. According to a report by Guojin Securities, this policy is projected to impact the performance of listed companies by approximately 5% to 10%.