Core Insights - The Ministry of Transport of China reported a significant increase in cross-regional personnel flow during the National Day and Mid-Autumn Festival holiday, with an expected total of 28.999 million trips on October 2, 2024, representing a year-on-year growth of 2.2% [1] Transportation Sector Summary - **Railway Passenger Volume**: Expected to reach 19.3 million trips on October 2, 2024, showing a year-on-year increase of 5.8% [1] - **Highway Traffic**: Anticipated to be 26.664 million trips, with a year-on-year growth of 1.9% [1] - **Waterway Passenger Volume**: Projected at 1.6 million trips, reflecting a significant year-on-year increase of 14.8% [1] - **Aviation Passenger Volume**: Expected to be 2.45 million trips, with a year-on-year growth of 5.3% [1] Comparative Data - On October 1, 2024, the total cross-regional personnel flow was 33.57884 million trips, marking a month-on-month increase of 42.6% and a year-on-year increase of 1.4% [1] - **Railway Passenger Volume on October 1**: 23.132 million trips, with a month-on-month increase of 25.3% and a year-on-year increase of 7.9% [1] - **Highway Traffic on October 1**: 30.886 million trips, showing a month-on-month increase of 44.4% and a year-on-year increase of 0.8% [1] - **Waterway Passenger Volume on October 1**: 1.3215 million trips, with a month-on-month increase of 82.8% and a year-on-year increase of 20.5% [1] - **Aviation Passenger Volume on October 1**: 2.4749 million trips, reflecting a month-on-month increase of 2.5% and a year-on-year increase of 3.2% [1]

Summary of Key Points Core Viewpoint - The transportation department reported a decrease in cross-regional passenger flow during the second day of the Mid-Autumn Festival and National Day holiday, with a total of 28,999 million trips expected, reflecting a 13.6% decrease from the previous day but a 2.2% increase year-on-year. Group 1: Passenger Flow Data - Total cross-regional passenger flow is expected to be 28,999 million trips, down 13.6% from the previous day but up 2.2% year-on-year [1] - Railway passenger volume is projected at 19.3 million trips, a decrease of 16.6% from the previous day but an increase of 5.8% year-on-year [1] - Road passenger flow is expected to be 26,664 million trips, down 13.7% from the previous day and up 1.9% year-on-year [1] - Waterway passenger volume is expected to reach 1.6 million trips, up 21.1% from the previous day and up 14.8% year-on-year [1] - Civil aviation passenger volume is projected at 2.45 million trips, down 1% from the previous day but up 5.3% year-on-year [1] Group 2: Previous Day's Data - On the first day of the holiday, total cross-regional passenger flow was 33,578.84 million trips, reflecting a 42.6% increase from the previous day and a 1.4% increase year-on-year [1] - Railway passenger volume on the first day was 23.13 million trips, up 25.3% from the previous day and up 7.9% year-on-year [1] - Road passenger flow on the first day was 30,886 million trips, up 44.4% from the previous day and up 0.8% year-on-year [2] - Waterway passenger volume on the first day was 132.15 thousand trips, up 82.8% from the previous day and up 20.5% year-on-year [3] - Civil aviation passenger volume on the first day was 2.47 million trips, up 2.5% from the previous day and up 3.2% year-on-year [4]

Core Insights - The Ministry of Transport of China reported a significant increase in cross-regional personnel flow during the Mid-Autumn and National Day holiday, with an expected 336.79 million trips on October 1, marking a 43.1% month-on-month increase and a 1.7% year-on-year increase [1][3]. Transportation Sector Summary - Railway passenger volume is projected to reach 23 million trips, reflecting a 24.6% month-on-month increase and a 7.2% year-on-year increase [3]. - Road transport is expected to account for 310.09 million trips, with a month-on-month increase of 45.0% and a year-on-year increase of 1.2% [3]. - Waterway passenger volume is anticipated to be 1.22 million trips, showing a month-on-month increase of 68.8% and a year-on-year increase of 11.2% [3]. - Civil aviation is expected to handle 2.48 million passengers, with a month-on-month increase of 2.7% and a year-on-year increase of 3.4% [3]. Previous Day's Data - On September 30, the total cross-regional personnel flow was 235.43 million trips, with a month-on-month increase of 29.9% and a year-on-year increase of 5.2% [3]. - Railway passenger volume on September 30 was 18.46 million trips, reflecting a month-on-month increase of 43.1% and a year-on-year increase of 6.8% [3]. - Road transport accounted for 21.38 million trips, with a month-on-month increase of 29.3% and a year-on-year increase of 5.1% [3]. - Waterway passenger volume was 723,000 trips, showing a month-on-month increase of 22.8% and a year-on-year increase of 11.1% [3]. - Civil aviation handled 2.41 million passengers, with a month-on-month increase of 6.7% and a year-on-year increase of 2.8% [3].

Core Insights - The Ministry of Transport forecasts a significant increase in cross-regional personnel flow during the Mid-Autumn and National Day holiday, with an expected total of 33.679 million trips, reflecting a 43.1% month-on-month increase and a 1.7% year-on-year increase [1] Transportation Sector Summary - **Railway Passenger Volume**: Expected to reach 23 million trips, with a month-on-month increase of 24.6% and a year-on-year increase of 7.2% [1] - **Highway Traffic**: Anticipated to account for 31.009 million trips, showing a month-on-month increase of 45.0% and a year-on-year increase of 1.2% [1] - **Commercial Highway Passenger Volume**: Estimated at 4.147 million trips, with a month-on-month increase of 13.1% and a year-on-year increase of 3% [1] - **Non-commercial Highway Traffic**: Expected to be 26.862 million trips, reflecting a month-on-month increase of 51.6% and a year-on-year increase of 1% [1] - **Waterway Passenger Volume**: Projected at 1.22 million trips, with a month-on-month increase of 68.8% and a year-on-year increase of 11.2% [1] - **Aviation Passenger Volume**: Forecasted to reach 2.48 million trips, with a month-on-month increase of 2.7% and a year-on-year increase of 3.4% [1]

Core Insights - The total inter-regional passenger flow in China reached 23,543 million trips on September 30, 2025, marking a month-on-month increase of 29.9% and a year-on-year increase of 5.2% [1] Group 1: Transportation Modes - Railway passenger volume was 18.463 million trips, with a month-on-month increase of 43.1% and a year-on-year increase of 6.8% [1] - Road passenger flow, including both commercial and non-commercial vehicles, totaled 21,383 million trips, showing a month-on-month increase of 29.3% and a year-on-year increase of 5.1% [1] - Waterway passenger volume reached 0.723 million trips, reflecting a month-on-month increase of 22.8% and a year-on-year increase of 11.1% [2] - Civil aviation passenger volume was 2.414 million trips, with a month-on-month increase of 6.7% and a year-on-year increase of 2.8% [2] Group 2: Detailed Road Passenger Flow - Within the road passenger flow, commercial passenger transport accounted for 3.666 million trips, with a month-on-month increase of 14.8% and a year-on-year increase of 0.8% [1] - Non-commercial vehicle passenger flow on highways and ordinary national and provincial roads reached 17.717 million trips, showing a month-on-month increase of 32.7% and a year-on-year increase of 6% [1]

Group 1 - The transportation economy in July continued to show a recovery trend, with stable growth in freight volume and inter-regional personnel flow [1][2] - In July, the operating freight volume reached 4.97 billion tons, a year-on-year increase of 3.4%, with a month-on-month acceleration of 0.5% [1] - Port cargo throughput reached 1.54 billion tons, a year-on-year increase of 6.9%, with a month-on-month acceleration of 2.2% [1] Group 2 - Inter-regional personnel flow in July reached 5.71 billion person-times, a year-on-year increase of 2.2%, with a month-on-month acceleration of 0.7% [2] - The scale of fixed asset investment in transportation remained high, with 306.1 billion yuan invested in July, including 200.5 billion yuan in road investment [2] - Railway investment in July was 77.1 billion yuan, waterway investment was 17.3 billion yuan, and civil aviation investment was 11.2 billion yuan [2]

Summary of Key Points Core Viewpoint - The transportation sector is experiencing a significant increase in cross-regional passenger flow during the "May Day" holiday, with a total expected volume of 34,095 million trips, reflecting a 59.9% month-on-month increase and an 8.0% year-on-year increase [1] Group 1: Passenger Flow Statistics - Railway passenger volume is expected to reach 22.5 million trips, showing a 22.8% month-on-month increase and an 8.7% year-on-year increase [1] - Road passenger flow, including both non-commercial and commercial traffic, is projected at 31,476 million trips, with a month-on-month increase of 64.1% and a year-on-year increase of 7.8% [1] - Waterway passenger volume is anticipated to be 1.35 million trips, reflecting a 63.0% month-on-month increase and a 53.5% year-on-year increase [2] - Civil aviation passenger volume is expected to be 2.34 million trips, with a 0.6% month-on-month increase and a 9.1% year-on-year increase [3] Group 2: Comparative Data from Previous Day - On April 30, the total cross-regional passenger flow was 21,327 million trips, marking a 28.8% month-on-month increase and a 4.5% year-on-year increase [3] - Railway passenger volume on April 30 was 18.32 million trips, with a month-on-month increase of 40.0% and a year-on-year increase of 11.5% [3] - Road passenger flow on April 30 was 19,180 million trips, with a month-on-month increase of 28.2% and a year-on-year increase of 3.6% [3] - Waterway passenger volume on April 30 was 0.828 million trips, showing a 15.5% month-on-month increase and an 18.7% year-on-year increase [4] - Civil aviation passenger volume on April 30 was 2.325 million trips, reflecting a 4.5% month-on-month increase and a 16.8% year-on-year increase [5]