Is the Highway Free During Mid-Autumn Festival?

[LeKendra]

Highways are 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 requirements for vehicles—only passenger cars with seven seats or fewer are eligible for the toll exemption. Here is relevant information about the highway toll-free policy during holidays: 1. Overview: The holiday highway toll-free policy refers to the exemption of toll fees for small passenger vehicles during major holidays. 2. Policy Impact: Due to macroeconomic factors, although only passenger cars with seven seats or fewer are exempt from tolls during major holidays, the decline in manufacturing and economic activity 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%.