Is There a Toll Fee on Highways During Mid-Autumn Festival?
1 Answers
According to the "Implementation Plan for Exempting Small Passenger Vehicles from Toll Fees on Major Holidays" issued by the state, highways are toll-free during four national statutory holidays: Spring Festival, Qingming Festival, Labor Day, and National Day. Mid-Autumn Festival is not included in the list of holidays with toll-free highway access. Relevant information about the toll-free highway policy during holidays is as follows: 1. Introduction: The toll-free highway policy during holidays refers to the exemption of toll fees for small passenger vehicles on major holidays. 2. Policy Impact: Affected by macroeconomic conditions, although toll-free access is only applicable to small passenger vehicles with fewer than 7 seats during major holidays, the decline in manufacturing economy has led to a noticeable drop in freight demand in some regions. Toll revenue during the free period is expected to decrease year-on-year. A report by Guojin Securities estimates that this policy will impact the performance of listed companies by approximately 5% to 10%.