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Core Viewpoint - The era of free highways is approaching, with Chengdu leading the way by making the Chengjin Expressway free of charge, marking a significant shift in highway toll policies in China [1] Group 1: Economic Impact - Following the implementation of free highways, logistics companies in Jinyang and Deyang have seen a 15% reduction in transportation costs, attracting more businesses from outside the region [3] - Daily traffic out of Chengdu increased by 18% after the toll removal, benefiting local businesses such as breakfast vendors [3] - The overall economic activity is expected to increase as the removal of tolls leads to more people and goods moving freely, ultimately stimulating local economies [5][10] Group 2: Historical Precedents - Historical examples, such as Shenzhen's investment of 27 billion to buy back the Meiguan Expressway, demonstrate that removing tolls can lead to significant economic benefits, including rising property values and job creation [5] - Shenzhen's subsequent investment of 130 billion to make four more highways free further illustrates the positive impact on urban development and economic growth [5] Group 3: Future Outlook - The trend of free highways is likely to expand, as more cities recognize the benefits of toll-free access, contributing to national development and public welfare [7][9] - Some regions in China have already begun to implement free highway policies, setting a precedent for others to follow [9] - The expectation is that the short-term loss of toll revenue will be compensated by increased tax revenue and economic activity in the long run [10]