Core Insights - During the National Day and Mid-Autumn Festival holiday from October 1 to 8, 2025, Jiangsu Province saw a total of 20.677 million passengers transported across all modes of transport, with an average daily passenger volume of 2.585 million, representing a 1.5% decrease compared to the same period in 2024 [1] Transport Modes Summary - Road transport accounted for 8.118 million passengers, with an average daily volume of 1.015 million, showing a decline of 6.5% from 2024 [1] - Rail transport carried 10.381 million passengers, with an average daily volume of 1.298 million, reflecting a growth of 1.7% compared to 2024 [1] - Air transport achieved a passenger throughput of 1.690 million, with a daily average of 0.211 million, marking an increase of 2.7% from 2024 [1] - Water transport reported 0.487 million passengers, with an average daily volume of 0.061 million, which is a growth of 6.9% compared to 2024 [1] Urban Transport Summary - Urban passenger transport recorded 11.1075 million passengers, with a daily average of 1.3884 million, indicating a decrease of 3.9% from 2024 [1]

Core Insights - The overall passenger volume in Shandong Province during the National Day and Mid-Autumn Festival holiday reached 17.18 million, representing a year-on-year increase of 1.85% [1] - Significant growth was observed in road and waterway passenger transport, while railway and civil aviation passenger volumes remained stable [1] Group 1: Passenger Transport Data - Road passenger transport reached 7.46 million, up 3% year-on-year [1] - Waterway passenger transport totaled 1.05 million, showing a growth of 5.76% [1] - Railway passenger volume was 7 million, with a slight increase of 0.43% [1] - Civil aviation passenger volume stood at 1.67 million, remaining stable compared to the previous year [1] - Urban rail transit passenger volume hit 16.95 million, reflecting a growth of 3.1% year-on-year [1] Group 2: Traffic Flow and Management - The total vehicle flow at highway exits reached 32.5 million during the holiday, with an average daily flow of 4.06 million, marking a 5% increase [1] - The overall traffic order was reported to be good, with a notable rise in road traffic volume compared to previous years [1] - The transportation department implemented measures such as capacity scheduling and safety supervision to ensure efficient road network operation during the holiday [2]

Core Insights - The total cross-regional population flow during the National Day and Mid-Autumn Festival holiday from October 1 to 8 is expected to reach 2.432 billion people, setting a historical record for the same period [1] - Daily average flow is projected at 304 million people, reflecting a year-on-year increase of 6.2% compared to the same holiday period in 2024 [1] Travel Trends - Strong public willingness to travel is observed this year, with a high volume of both tourism and family visits contributing to the overall travel demand [1] - Self-driving remains the dominant mode of transportation, with an estimated daily average of 240 million people, accounting for approximately 80% of total travel volume [1] - The number of rental vehicles is expected to average around 650,000 per day, marking an 18% year-on-year increase [1] Travel Distribution - The first day of the holiday saw the highest travel peak, with cross-regional population flow reaching 336 million people, a 1.4% increase from the same day in 2024 [1] - A smaller peak in passenger flow occurred on October 7, with 300 million people traveling, representing an 18.3% year-on-year growth [1] Destination Preferences - Major urban clusters such as Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, and Chengdu-Chongqing are experiencing concentrated passenger flow [1] - Cities like Changsha, Hangzhou, Suzhou, and Xi'an remain popular choices for public holiday travel [1]

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]

Investment Rating - The report provides a positive investment rating for the transportation industry, indicating growth potential and favorable market conditions [1]. Core Insights - The report highlights a significant increase in cross-regional personnel flow, predicting a rise in operational passenger transport volume for 2025 compared to 2024 [17]. - Data from the report shows a steady increase in travel activity during the holiday period, with specific metrics indicating a rise in traffic volume and service area usage [14][16]. Summary by Sections - **Traffic Volume Trends**: The report outlines daily traffic volume changes from October 1 to October 8, showing fluctuations that reflect travel patterns during the holiday season [14][16]. - **Regional Analysis**: Key cities such as Wuhan, Huizhou, and Dongguan are mentioned, indicating their importance in the transportation network and potential growth areas [2][3]. - **Service Area Utilization**: The report details various service areas along major highways, emphasizing their role in supporting increased travel demand [13][12].

交通运输部数据显示，10月4日，全社会跨区域人员流动量为30129.11万人次，同比增长6.1%。国庆中 秋假期前半程全社会跨区域人员流动量再创历史新高，累计约12.43亿人次，日均值超过3.1亿人次，展 现出强劲的出行活力。 分项数据显示，铁路客运量为1833.4万人次，同比增长4.5%；水路客运量为190.77万人次，同比增长 5.6%；民航客运量为231.94万人次，同比增长4.1%。 从出行结构看，公路出行仍占主导地位，成为公众出行首选。营业性客运方面，铁路、公路、水路、民 航各类运输方式客运量均实现同比增长，整体旅客运输态势稳中向好。 （文章来源：经济日报） 公路人员流动量（包括高速公路及普通国省道非营业性小客车人员出行量、公路营业性客运量）为 27873万人次，同比增长6.2%。其中，公路营业性客运量为3523万人次，同比增长2.5%；高速公路及普 通国省道非营业性小客车人员出行量为24350万人次，同比增长6.8%。 ...

Core Insights - The article highlights a significant increase in cross-regional personnel flow during the National Day and Mid-Autumn Festival holiday period, reaching a historical high of approximately 1.243 billion trips, with an average daily flow exceeding 310 million trips, indicating strong travel vitality [1] Transportation Sector Summary - The total cross-regional personnel flow on October 4 was 30,129.11 million trips, representing a year-on-year growth of 6.1% [1] - Railway passenger volume reached 18.334 million trips, up 4.5% year-on-year [1] - Waterway passenger volume was 1.9077 million trips, showing a 5.6% increase year-on-year [1] - Civil aviation passenger volume totaled 2.3194 million trips, reflecting a 4.1% year-on-year growth [1] - Road travel, including both commercial and non-commercial passenger flows, accounted for 27,873 million trips, with a year-on-year increase of 6.2% [1] - Among road travel, commercial passenger volume was 35.23 million trips, up 2.5% year-on-year, while non-commercial passenger flow on highways and regular national and provincial roads reached 24,350 million trips, marking a 6.8% increase year-on-year [1] Travel Preferences and Trends - Road travel remains the dominant mode of transportation, preferred by the public [1] - All transportation modes, including rail, road, waterway, and civil aviation, experienced year-on-year growth in passenger volume, indicating a stable and improving overall passenger transport situation [1] - Major cities such as Beijing, Shanghai, Guangzhou, Shenzhen, as well as popular tourist destinations like Chengdu and Xi'an, continue to be the top choices for public holiday travel [1]

假期期间，深港两地将举办烟花汇演、演唱会、车展等多场大型活动，跨境文旅体验、探亲访友、休闲购物等出行需求释放，从9月30日 开始，深港陆路口岸迎来了出入境客流高峰。 央视网消息：国庆中秋假期，广东水上出行与旅游活动也将迎来客流高峰，珠江游、港澳客运航线等旅客水路出行需求旺盛。 作为水路出行热门航线，广州"珠江游"与穗港航线将持续升温。据预测，国庆假期，"珠江游"预计将发出1204班次，接待游客超21万人 次；广州往返香港的高速客船预计发送旅客约5000人次。 作为内地唯一与香港、澳门实现水路、陆路相连的城市，珠海水路出行热度同样攀升。数据显示，双节期间珠海水路预计发送旅客约 36.68万人次，同比增长9.87%；其中港澳航线预计运营848班次，发送旅客约6.16万人次，海上看港珠澳大桥、澳门环岛游及海岛游等观光航 线将同步迎来客流高峰。珠海海事部门对重点客运航线实施"一线一策"服务，利用智慧海事系统、无人机对重点水域加强信息化巡查，保障船 舶运行。 双节期间深港陆路口岸客流预计将超649万人次 据深港口岸部门预测，国庆中秋假期期间，深港陆路口岸日均出入境人员达81.16万人次，累计客流将超过649.25万人次 ...

Group 1 - The overall operation of the transportation economy in China is stable, with multiple key indicators showing growth, supporting the effective connection of production and consumption, promoting regional factor flow, and facilitating the national economic cycle [2] - From January to August, the total freight volume reached 380.6 billion tons, a year-on-year increase of 3.8%, with rail, road, waterway, and civil aviation freight volumes growing by 2.6%, 3.9%, 3.8%, and 14.5% respectively [2] - The port cargo throughput increased to 120.3 billion tons, a year-on-year growth of 4.4%, with container throughput reaching 23 million TEUs, up 6.3% year-on-year [2] Group 2 - During the upcoming Mid-Autumn Festival and National Day holiday, the expected cross-regional passenger flow will reach 2.95 billion people per day, with a total of 23.6 billion people expected to travel, representing a year-on-year increase of approximately 3.2% [4] - Self-driving will be the primary mode of travel, with an estimated 1.87 billion self-driving trips, accounting for nearly 80% of total travel [4] - The railway sector anticipates sending 219 million passengers during the holiday, with an average of 13,000 passenger trains planned daily [4] Group 3 - The average daily express delivery volume in September reached 557 million packages, with peak days exceeding 600 million [5] - The integration of rural logistics has shown significant progress, with over 1,500 county-level administrative regions participating in rural express delivery services, and more than 145,000 comprehensive service stations established [6][7] - The next steps will focus on improving service station construction, standardizing operations, and expanding integration with e-commerce and rural tourism [7]

Core Viewpoint - The transportation sector in China has shown stable economic performance in 2023, with significant growth in various indicators, supporting the national economy and facilitating regional connectivity [2][3]. Economic Performance - The overall transportation economic operation has been stable, with major indicators showing growth, which is crucial for connecting production and consumption, promoting regional factor flow, and ensuring smooth national economic circulation [2]. - From January to August, the total operating freight volume reached 380.6 billion tons, a year-on-year increase of 3.8%. By mode, freight volumes increased by 2.6% for rail, 3.9% for road, 3.8% for waterway, and 14.5% for civil aviation [2]. - Port cargo throughput grew rapidly, totaling 120.3 billion tons from January to August, up 4.4% year-on-year, with container throughput reaching 23 million TEUs, a 6.3% increase [2]. - Cross-regional passenger flow reached 455.5 billion person-times in the first eight months, a 3.6% increase year-on-year, with rail and civil aviation passenger volumes growing by 6.7% and 5.3%, respectively [2]. Holiday Travel Expectations - During the upcoming Mid-Autumn and National Day holidays, cross-regional passenger flow is expected to reach 2.36 billion person-times, averaging about 29.5 million per day, a 3.2% increase from the previous year [4]. - Self-driving is anticipated to be the primary mode of travel, with an estimated 1.87 billion person-times, accounting for nearly 80% of total travel [4]. - The railway sector expects to send 219 million passengers during the holiday, with an average of 13,000 trains operating daily, transporting about 18.25 million passengers each day [4]. - Civil aviation is projected to handle 19.2 million passengers, marking a historical peak for the same period [4]. Logistics and Delivery - The average daily express delivery volume in September reached 557 million packages, with peak days exceeding 600 million [5]. - The rural logistics sector has seen significant development, with over 1,500 county-level administrative regions engaged in rural postal integration, establishing over 14,500 service stations and transporting over 1 billion packages annually [7]. - The integration of rural passenger and freight services is improving delivery efficiency and reducing costs, with plans to enhance service infrastructure and expand business models [7].