Core Insights - The upcoming Mid-Autumn and National Day holidays will see a significant increase in travel demand, with an estimated 2.95 billion trips expected over the 8-day period, representing a 3.2% increase compared to the previous year [1] Transportation Industry Overview - The civil aviation market is projected to transport 19.2 million passengers during the holidays, marking a 3.6% increase year-on-year and reaching the highest level for this period in history [1][3] - The peak travel days are expected to occur in the latter half of the holiday, particularly in the last two days, with daily passenger flow potentially exceeding 2.56 million, the highest recorded during summer travel [3] Travel Patterns and Trends - The demand for holiday travel is steadily increasing, with overlapping passenger flows expected to create a second peak following the summer travel season [3] - Major domestic routes, especially those connecting key cities like Beijing, Shanghai, and Guangzhou, will maintain high passenger volumes, with total throughput from ten major international hubs expected to exceed 17 million [3] International Travel Outlook - The international air travel market is anticipated to continue its rapid growth, with 123,000 international flights operated during the summer travel period, averaging around 2,000 flights daily [4] - The upcoming holidays are expected to see a surge in travel to East Asia and Southeast Asia, with increased passenger volumes also anticipated for South Asia and Europe [4] Car Rental and Self-Driving Trends - Self-driving is expected to be the primary mode of travel during the holidays, with an estimated 1.87 billion trips, accounting for approximately 80% of total travel [5] - Measures are being implemented to enhance car rental services, including promoting free or reduced fees for returning rental cars to different locations, ensuring vehicle availability, and improving customer service for families [5][6]

格隆汇9月28日｜据中国民航局消息，当地时间9月27日，在加拿大蒙特利尔召开的国际民航组织第42届 大会上，中国高票连任一类理事国。这是自2004年以来，中国第8次当选国际民航组织理事会一类理事 国。184个国家参加了本次投票选举，除中国外，澳大利亚、巴西、加拿大、法国、德国、意大利、日 本、英国、美国也当选为一类理事国。自1974年恢复参加国际民航组织活动以来，中国曾连续10次当选 二类理事国，并于2004年首次竞选成为一类理事国，连任至今。近年来，中国民航在航空安全、运输规 模、基础建设、运行效率、技术创新、绿色发展等多方面取得长足发展。 (责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

熊杰还介绍，假期的后半程客流更加集中。假期前半程部分旅客错峰出行，运输增长趋势相对平缓。中 秋节在假期的第6天，探亲和旅游的游客节后集中返程，预计假期最后两天会迎来客流的最高峰，单日 的客流可能会达到或者超过暑运的历史最高峰值256万人次。 北京商报讯（记者 吴其芸）9月28日，国务院新闻办公室举行新闻发布会，介绍中秋国庆假期交通运输 服务保障有关情况。会上，中国民航局总飞行师熊杰介绍，今年中秋、国庆"双节"合并放假，假期时间 长、文旅热度高、体育赛事多，给民航运输带来了新的特点。节日出行的需求稳步增长。假期期间多种 客流相互叠加，预计民航将迎来暑运后的又一次客流高峰。据预测，今年中秋国庆假期全民航市场的旅 客运输量将达到1920万人次，同比去年同期增长3.6%，创历史同期的最高水平。 ...

（原标题：交通运输部副部长李扬：前8月交通运输固定投资2.26万亿元） 人民财讯9月28日电，9月28日，交通运输部副部长李扬在国新办发布会上表示，交通运输固定资产投资 高位运行，1—8月完成固定资产投资2.26万亿元，其中铁路完成投资5041亿元，公路完成投资15412亿 元，水路完成投资1433亿元，民航完成投资707亿元。 ...

Core Insights - The overall operation of China's transportation economy has remained stable this year, with growth in key indicators such as freight volume, port cargo throughput, and inter-regional personnel flow [1] Group 1: Freight Volume - From January to August, the completed operating freight volume reached 380.6 billion tons, representing a year-on-year increase of 3.8%. By mode of transport, railway, road, waterway, and civil aviation freight volumes grew by 2.6%, 3.9%, 3.8%, and 14.5% respectively [2] Group 2: Port Cargo Throughput - During the same period, port cargo throughput totaled 120.3 billion tons, with a year-on-year growth of 4.4%. Specifically, domestic and foreign trade throughput increased by 5.2% and 2.7% respectively. Container throughput reached 23 million TEUs, marking a 6.3% year-on-year increase, with domestic and foreign trade container throughput growing by 3.2% and 8.4% respectively [3] Group 3: Inter-Regional Personnel Flow - The inter-regional personnel flow amounted to 455.5 billion person-times, reflecting a year-on-year increase of 3.6%. By mode of transport, railway and civil aviation passenger volumes increased by 6.7% and 5.3% respectively, while road personnel flow grew by 3.4% [4] Group 4: Transportation Fixed Asset Investment - From January to August, transportation fixed asset investment reached 2.26 trillion yuan. By mode, railway investment was 504.1 billion yuan; road investment totaled 1.5412 trillion yuan, with specific investments of 807 billion yuan for expressways, 373 billion yuan for ordinary national and provincial roads, and 238.2 billion yuan for rural roads; waterway investment was 143.3 billion yuan; and civil aviation investment was 70.7 billion yuan. Major transportation projects under the "14th Five-Year Plan" are progressing smoothly, with significant projects like the Chengdu to Emei Mountain Expressway and the Guangzhou Port Nansha Port Area accelerating construction [5]

经济观察网 9月28日，交通运输部副部长李扬在国新办发布会上表示，交通运输固定资产投资高位运 行，1—8月完成固定资产投资2.26万亿元，其中铁路完成投资5041亿元，公路完成投资15412亿元，水 路完成投资1433亿元，民航完成投资707亿元。 ...

央视网消息：9月28日，国新办就中秋国庆假期交通运输服务保障有关情况举行新闻发布会。交通运输 部副部长李扬在会上表示，交通运输固定资产投资高位运行，1—8月完成固定资产投资2.26万亿元，其 中铁路完成投资5041亿元，公路完成投资15412亿元，水路完成投资1433亿元，民航完成投资707亿元。 ...

Core Insights - The civil aviation market in China is expected to experience significant growth during the combined Mid-Autumn and National Day holidays, with a projected passenger volume of 19.2 million, marking a 3.6% increase from the previous year, reaching a historical high for this period [1][2] Group 1: Passenger Demand Trends - There is a steady increase in travel demand during the holiday period, with various passenger flows such as tourism and family visits overlapping, leading to a peak in air travel [1] - The latter half of the holiday is expected to see concentrated passenger flow, with a peak in travel anticipated in the last two days, potentially reaching or exceeding the summer peak of 2.56 million passengers in a single day [1] Group 2: Route and Destination Popularity - Traditional popular domestic routes remain highly sought after, with significant growth in passenger volume at smaller airports in tourist destinations [2] - Major city clusters such as Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macau, and Chengdu-Chongqing are expected to see the highest traffic, with 17 million passengers projected at key international hubs [2] Group 3: International Travel Growth - The international air passenger market is anticipated to continue its rapid growth, with over 123,000 international flights operated during the summer period, averaging nearly 2,000 flights per day [2] - Optimizations in policies regarding entry and exit, as well as improvements in airport facilitation, are expected to drive a surge in international travel, particularly to East Asia and Southeast Asia, with noticeable increases in passenger volume to South Asia and Europe [2]

Group 1: New Regulations Implementation - The revised Anti-Unfair Competition Law will take effect on October 15, 2025, addressing issues like "involution" competition and "brand hijacking" [1] - Starting October 1, 2025, the civil aviation sector will fully transition to electronic invoices, eliminating paper travel itineraries for domestic flights [1][2] - The railway sector will also implement electronic invoices from October 1, 2025, allowing passengers to request electronic invoices within 180 days after their journey [2] Group 2: Financial Infrastructure and Tax Regulations - The Financial Infrastructure Supervision Management Measures will be enacted on October 1, 2025, focusing on the regulation of financial infrastructure operations and risk management [2][4] - Internet platform companies will begin formally reporting tax-related information on October 1, 2025, promoting tax fairness and curbing illegal investment practices [6] - New regulations for internet lending will be implemented, emphasizing strict adherence to existing management rules and cost considerations [9][10] Group 3: Company Registration and Stock Code Changes - The Implementation Measures for Mandatory Company Registration Cancellation will take effect on October 10, 2025, detailing the procedures for forced cancellations [10] - The Beijing Stock Exchange will switch to new stock codes starting October 9, 2025, for existing listed companies [11]

Group 1: Express Delivery Industry - A nationwide price increase in the express delivery industry has been initiated following notifications received by e-commerce merchants in Shanghai from multiple courier companies [1] - In August, the average revenue per package for major listed express companies showed an increase, with YTO Express at 2.15 yuan, Yunda at 1.92 yuan, Shentong at 2.06 yuan, and SF Express at 13.27 yuan, indicating a general rise compared to July [1] - The price increase is part of a broader "anti-involution" movement in the industry, which was discussed in a meeting held by the State Post Bureau on July 29, aimed at regulating "involutionary" competition among express companies [1] Group 2: Civil Aviation Industry - The civil aviation industry is also facing issues of "ticket price involution," prompting the Civil Aviation Administration to address excessive low pricing and overcapacity in the market [2] - Despite the ongoing efforts, there has not been a significant increase in ticket prices, with average domestic economy class ticket prices in July and August down 6.4% year-on-year and 8.6% compared to 2019 [2] - Some airlines are engaging in price undercutting by releasing low-priced tickets during off-peak times, leading to a competitive cycle of price reductions among carriers [3] Group 3: Challenges in Civil Aviation - The civil aviation sector faces greater challenges in combating "involution" compared to the express delivery industry, as there are 65 passenger airlines competing for market share, leading to overcapacity [4] - The value of airline licenses is high due to the lack of new airline approvals, which complicates the exit mechanism for underperforming airlines [4] - Airlines need to shift from a growth model based on capacity and resource input to one that focuses on meeting diverse passenger needs and innovating their service offerings [4]