Core Points - The 2026 Spring Festival will feature a nine-day holiday from February 15 to February 23, with the Spring Festival travel rush starting on February 2 and lasting until March 13, totaling 40 days [2] - The Ministry of Transport has announced that the travel volume during the Spring Festival and Spring Festival travel rush will reach new highs, with 3.8 billion trips made by new energy vehicles [2][6] - A special charging service guarantee plan for new energy vehicles has been developed to address public concerns about charging during the travel rush [2][4] Charging Infrastructure - Over 10,000 new charging guns will be added to service areas in 2026, with more than a quarter being high-power chargers to facilitate easier charging for new energy vehicles [3][4] - As of the end of 2025, the total number of new energy vehicles in China is expected to reach 43.97 million, with 12.93 million newly registered in 2025 [2] Service Quality Improvements - The Ministry of Transport plans to enhance service quality at highway service areas by improving restroom facilities, increasing the number of mobile toilets, and ensuring sufficient food and beverage supplies [5][6] - A comprehensive service quality improvement action has been initiated, focusing on five key areas, including the addition of standardized "driver homes" for truck drivers [4][5] Transportation Capacity - The overall cross-regional passenger flow during the 40-day Spring Festival travel rush is expected to reach 9.5 billion people, with a daily average of 299 million during the holiday [6] - The transportation capacity for new energy vehicles is set to increase from an average of 3,500 vehicles per day to 5,000 vehicles per day during the travel rush [6][7] Ticketing and Scheduling - A unified ticketing management system will be implemented to guide staggered travel during the Spring Festival, with advance ticket sales rules established for both inbound and outbound travel [7] - The Ministry of Transport aims to enhance the rental car service level, anticipating a double-digit growth in daily rental orders during the Spring Festival [7]

Investment Outlook - The transportation fixed asset investment is expected to exceed 3.6 trillion yuan by 2025, with railways accounting for 901.5 billion yuan, highways and waterways over 2.6 trillion yuan, and civil aviation 120 billion yuan [1][2] Transportation Performance - The overall operation of the transportation sector is projected to remain stable with growth in key metrics, including a 3.5% year-on-year increase in cross-regional passenger flow, reaching 66.86 billion trips in 2025 [1][2] - Rail and civil aviation passenger volumes are expected to grow by 6.7% and 5.5% respectively, while highway passenger flow is projected to increase by 3.3% [1][2] Spring Festival Transportation - During the upcoming Spring Festival, the transportation department anticipates a record high of 380 million trips made by new energy vehicles [2] - The transportation department is implementing strategies to enhance charging service capabilities during the Spring Festival, including increasing charging parking spaces and installing high-power fast charging equipment [2] Technological Innovation - The Ministry of Transport plans to establish 100 forward-looking technological innovation platforms by 2026, with the first batch of 40 platform construction guidelines already released [3] - These platforms will focus on areas such as highway engineering, water transport engineering, transportation equipment, and intelligent and integrated fields, aiming to bridge the gap between basic research and industrial application [3]

Core Viewpoint - The Ministry of Transport has issued a notification for the 2026 Spring Festival transportation service guarantee, emphasizing the continuation of toll-free policies for small passenger vehicles and enhancing charging infrastructure for electric vehicles during the peak travel period from February 2 to March 13, 2026 [1][3]. Group 1: Transportation Policies - The notification confirms the continuation of the toll-free policy for small passenger vehicles (7 seats or fewer) during the Spring Festival holiday [1]. - It emphasizes the need for scientific configuration of ETC (Electronic Toll Collection) lanes to improve traffic efficiency [1]. - The notification outlines measures to enhance the charging capacity at busy service areas, implementing a "one area, one policy" approach to avoid long waiting times for charging [1][3]. Group 2: Passenger Transport Services - The notification stresses the importance of coordinating with various departments to ensure smooth travel for students and migrant workers during the Spring Festival [1]. - It encourages the expansion of rental vehicle services, including options like "no deposit rental" and "returning vehicles at different locations" to facilitate travel [1]. - Measures to improve ticket purchasing convenience for passengers include extending ticket sales hours and maintaining manual ticket sales for specific groups [2]. Group 3: New Energy Vehicle Charging - The Ministry of Transport plans to enhance charging services for electric vehicles, with a focus on busy service areas [3]. - A target has been set to install over 10,000 charging guns at national highway service areas by 2026, with at least 25% being high-power chargers [3]. - The notification includes plans for better management of charging facilities and real-time information dissemination regarding their status [3]. Group 4: Logistics and Delivery Services - The notification outlines the need for uninterrupted logistics services during the Spring Festival, focusing on the transportation of essential goods such as energy, food, and medical supplies [4]. - It includes measures for prioritizing the transport of key goods and ensuring efficient delivery services during the holiday period [4]. - The State Post Bureau has issued a plan to ensure timely delivery of goods and protect the rights of delivery personnel during the Spring Festival [5].

Group 1: Overall Travel Data - The total inter-regional passenger flow during the "May Day" holiday reached 33,271.4 million trips on May 1, a year-on-year increase of 6.2% [1] - Among these, railway passenger volume was 23.12 million trips, marking an 11.7% year-on-year increase and setting a new single-day record [2][4] - Road travel accounted for 30,561 million trips, with a year-on-year growth of 4.7%, while waterway passenger volume surged by 87.5% to 1.649 million trips [1] Group 2: Railway Travel Insights - On May 1, the national railway sent 23.12 million passengers, with high-speed trains carrying 15.67 million passengers, reflecting a year-on-year growth of 16.1% [4] - Over 2,000 additional passenger trains were added to meet travel demand, with significant increases in tourist and senior citizen train services [4][2] - On May 2, the railway is expected to send 19.3 million passengers, with 1,636 additional trains planned to enhance capacity [6] Group 3: Road Travel Trends - On May 2, highway traffic for small passenger vehicles exceeded 55 million, primarily driven by short-distance and nearby tourism [9] - Popular tourist cities and coastal areas are expected to experience increased traffic pressure, prompting local authorities to develop transportation plans to ensure smooth travel [11] - Measures are being implemented to enhance charging services for new energy vehicles, including mobile charging stations at major service areas [11][13] Group 4: Service Enhancements - Rail services are being optimized with initiatives such as free entry to scenic spots for high-speed train ticket holders and improved waiting areas at stations [8] - Multilingual services are being provided at major transport hubs to assist travelers during the holiday, coinciding with the Canton Fair [8] - The transportation department is focusing on enhancing charging infrastructure for new energy vehicles, aiming to improve service capacity by 50% compared to the 2025 Spring Festival [13]