When does the 2019 expressway toll-free period start?
1 Answers
The 2019 Spring Festival expressway toll-free period starts at 00:00 on February 4 (New Year's Eve) and ends at 24:00 on February 10 (the sixth day of the lunar new year), lasting for 7 days. According to the "Implementation Plan for Exempting Toll Fees for Small Passenger Vehicles During Major Holidays" issued by the state, the expressway toll-free period applies to four national statutory holidays: Spring Festival, Qingming Festival, Labor Day, and National Day, as well as the consecutive holidays determined by the State Council for these statutory holidays in the current year. The toll-free period starts at 00:00 on the first day of the holiday and ends at 24:00 on the last day of the holiday. Relevant information about the holiday expressway toll-free policy is as follows: 1. Introduction: The holiday expressway toll-free policy refers to the policy of exempting toll fees for small passenger vehicles during major holidays. 2. Policy Impact: Affected by the macroeconomic situation, although the toll-free policy during major holidays only applies to small passenger vehicles with fewer than 7 seats, the decline in manufacturing economy has led to a significant drop in freight demand in some regions, resulting in a year-on-year decrease in toll revenue during the free period. A report by Guojin Securities estimates that this policy will impact the performance of listed companies by approximately 5% to 10%.