Core Insights - The total inter-regional passenger flow during the National Day holiday from October 1 to 8 is expected to reach 2.432 billion trips, with a daily average of 304 million trips, representing a year-on-year increase of 6.2% [1][3] - The transportation modes show growth in passenger volume: railway is expected to carry 153 million trips (daily average of 19.24 million, up 2.6%), waterway 11.67 million trips (daily average of 1.46 million, up 4.2%), and civil aviation 19.17 million trips (daily average of 2.4 million, up 3.4%) [1][3] - The road transport volume is projected to be 2.247 billion trips, with a daily average exceeding 280 million trips, marking a year-on-year increase of 6.5% [2][3] Group 1 - The overall travel willingness during this year's National Day holiday is strong, with a high overlap of tourism and family visits, leading to a record high in inter-regional passenger flow [3] - All modes of transport, including rail, road, waterway, and air, have shown year-on-year growth in passenger volume, indicating improved service capacity [3] - The peak travel day saw a record of 336 million inter-regional trips, the highest for the same period historically [3] Group 2 - Major urban clusters such as Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macau Greater Bay Area, Chengdu-Chongqing, as well as cities like Xi'an, Changsha, and Wuhan, are experiencing concentrated passenger flows [3]

Core Viewpoint - The China National Railway Group reported a significant increase in passenger volume during the National Day and Mid-Autumn Festival holiday period, with a record high of 23.13 million passengers on October 1, 2023, indicating strong travel demand during the 8-day holiday period [1] Group 1: Passenger Volume - Since the start of the holiday transportation on September 29, the national railway passenger volume has exceeded 18 million for four consecutive days [1] - On October 1, the railway sent 23.13 million passengers, marking the highest single-day passenger volume in history [1] - From September 30 to October 3, the national railway sent 18.46 million, 23.13 million, 19.29 million, and 18.16 million passengers respectively, demonstrating a consistent high level of passenger flow [1] Group 2: Travel Demand - The combined National Day and Mid-Autumn Festival holiday resulted in an 8-day break, leading to a convergence of travel demands for tourism, family visits, and student travel [1] - The railway transportation has maintained a high operational level, ensuring safety and order during the peak travel period [1]

Group 1: Travel Demand Forecast - The upcoming 8-day holiday is expected to see a significant increase in travel demand, with an estimated 2.36 billion trips, averaging about 295 million trips per day, representing a 3.2% increase compared to the same period last year [1] - Domestic tourism is projected to be strong, with popular cities like Shanghai, Chengdu, Beijing, Guangzhou, Xi'an, Hangzhou, Nanjing, and Chongqing expected to exceed last year's tourism levels [1] - Outbound travel is also anticipated to rise significantly, particularly to Japan, South Korea, and Southeast Asian countries [1] Group 2: Transportation Modes - Self-driving is expected to be the primary mode of travel, with an estimated 1.87 billion trips, accounting for about 80% of total travel [1] - The peak travel day is predicted to be October 1, with a potential single-day passenger flow exceeding 340 million, marking a historical peak [1] - The railway sector anticipates over 219 million passengers during the holiday, with an average of 13,000 trains operating daily, sending approximately 18.25 million passengers each day [2] Group 3: Aviation Sector Insights - The civil aviation market is expected to reach 19.2 million passengers during the holiday, a 3.6% increase from last year, setting a record for the same period [3] - The last two days of the holiday are expected to see the highest passenger flow, potentially reaching or exceeding the historical peak of 2.56 million passengers in a single day [3] - Major air travel routes between key urban areas like Beijing, Shanghai, Guangzhou, Chengdu, and others are expected to see significant passenger volume, with total throughput exceeding 17 million passengers [3] Group 4: Express Delivery Trends - As of September 27, the total number of express packages collected this year reached 143.27 billion, with an average of over 530 million packages per day [4] - The collection volume has notably increased in September, averaging 557 million packages daily, with peak days exceeding 600 million packages [4]