Group 1 - The core viewpoint of the article highlights the significant increase in inbound and outbound travel in Hainan during the New Year holiday, with a total of over 28,000 people processed, marking a year-on-year growth of 23.5% [2] - Haikou Meilan International Airport processed over 16,000 outbound and inbound passengers, reflecting a year-on-year increase of 41.8%, while Sanya Phoenix International Airport handled around 11,000, with a growth of 19.8% [2] - The main sources of inbound travelers to Hainan during this period included Russia, Singapore, Malaysia, South Korea, and Kazakhstan, indicating a diverse international interest in the region [2] Group 2 - The ongoing expansion of visa-free policies has resulted in Hainan now having 86 countries eligible for visa-free entry, with the reasons for entry extending beyond tourism to include family visits, business, medical, exhibitions, and sports [3] - Hainan's international passenger routes have reached 92, and the combination of visa-free entry and open air rights is driving high-level foreign engagement, attracting more international visitors [3] - Projections indicate that by 2025, the number of foreign visitors entering Hainan will exceed 1.46 million, with foreigners making up 54% of all inbound and outbound travelers, and 90% of foreign visitors entering through visa-free arrangements [3]

元旦期间，粤港澳三地将举办光影节、演唱会、跨年汇演等多场大型活动，毗邻港澳陆路口岸通关流量 将明显增多。其中，深圳罗湖、福田、深圳湾、莲塘、广深港高铁西九龙站口岸日均出入境旅客预计分 别达到24万、23万、18万、11万、10万人次，珠海拱北、青茂、横琴、港珠澳大桥口岸日均出入境旅客 预计分别达到40万、11.3万、10万、9.5万人次。 北京商报讯(记者关子辰牛清妍)12月29日，记者从国家移民管理局获悉，元旦假期全国口岸将迎来出入 境客流高峰。据国家移民管理局预测，假期日均出入境旅客将突破210万人次，同比增长22.4%。预计 出入境客流高峰主要集中在2025年12月31日晚间和2026年1月1日。上海浦东、广州白云、北京首都、成 都天府、深圳宝安等大型空港口岸日均出入境客流预计分别为9.7万、5.3万、4.3万、1.9万、1.8万人 次。 ...

今年以来，深港两地融合态势为粤港澳大湾区"一小时生活圈"更添蓬勃生机，作为深港间南来北往、双向奔 赴重要通道，深圳莲塘口岸毗邻深圳东部旅游带和香港新界北生态区，在深圳市提振消费专项部署和罗湖区 国际消费中心核心区建设的带动下，依其深港东部跨境旅游集散中心的区位优势，以"快进慢游"的通关新体 验催生了"一程多站"跨境生活新业态，口岸客流热度持续"爆表"。据统计，截至12月24日，深圳出入境边防 检查总站莲塘边检站年度查验出入境人员首次突破3000万人次，同比增长超15%。 作为跨境消费的主力口岸之一，大量香港居民以节日游、周末游形式经莲塘口岸涌入深圳、广州、珠海、中 山等地品民俗、尝美食。同时，依托该口岸交通枢纽、接驳便捷的先发优势，每日有超200个来自全国各地的 旅行团经此直达港澳观光腹地，内地居民"组团港澳游""亲子跨境游"进一步升温，口岸周边地缘区位、产业 互补、人文优势、政策创新等优势得到充分释放，带动深港两地文旅消费持续提质扩容。 【深圳商报讯】（记者 任建新 通讯员 冯超杰 倪良基）"大家请走这边的智能快捷通道，慢慢来不着急。"12 月24日上午，莲塘边检站民警蒋子豪手持扩音器穿梭人海，在他身后，莲 ...

Core Viewpoint - The official launch of the full closure operation in Hainan on December 18 will enhance the efficiency and convenience of international exchanges, making it easier for foreign visitors to travel to Hainan [1][3]. Group 1: Visa Policies and International Access - Hainan has implemented a multi-layered visa exemption system, allowing 86 countries to enter without a visa, including 240-hour transit visa exemptions and 144-hour visa exemptions for foreign tourist groups from Hong Kong and Macau [2]. - The number of international and regional passenger routes from Haikou Meilan International Airport has reached 36, with an average of 1,700 foreign travelers entering and exiting daily, primarily from countries like Russia, Malaysia, and Singapore [2]. - Sanya Phoenix International Airport has opened 35 international routes, with an average of over 1,900 foreign travelers daily, indicating a significant increase in international travel to Hainan [2]. Group 2: Expected Growth and Events - During the upcoming National Day and Mid-Autumn Festival, Hainan is expected to see 50,100 inbound and outbound travelers, averaging about 6,200 daily, which represents a 16.3% increase compared to the same period last year [2]. - Hainan will host major international events, including the 2025 World Free Trade Zone Organization Conference and the 14th Round Hainan Island International Sailing Race, contributing to the region's international profile [2][3]. Group 3: Customs and Immigration Management - Hainan's border inspection authorities have established a communication mechanism for major events to ensure smooth customs clearance, including dedicated channels and tailored rapid clearance measures [3]. - The current management approach for domestic travelers remains unchanged, with no additional documentation required for entry and exit [3]. - The full closure is viewed as a new starting point for the construction of Hainan Free Trade Port, with ongoing efforts to optimize immigration policies and enhance the region's international competitiveness [3].

Group 1: Immigration and Travel - The total number of inbound and outbound travelers at national ports reached 460 million from January to August, a year-on-year increase of 14.9% [1] - Among the travelers, 220 million were mainland residents (up 15.4%), 180 million were residents from Hong Kong, Macau, and Taiwan (up 11.2%), and 51.3 million were foreign visitors (up 27.8%) [1] - The number of visa-free foreign visitors reached 15.89 million, accounting for 62.1% of all foreign entrants, with a significant year-on-year increase of 52.1% [1][3] Group 2: Express Delivery Industry - The express delivery business volume in China grew by 17.8% year-on-year in the first eight months, with a total of 1.399 billion items delivered [4] - The express delivery sector is expanding steadily, with companies enhancing operational capabilities through automation, such as the use of unmanned vehicles and automatic sorting machines [7] - There is a notable increase in the delivery of specialty agricultural products, with express companies providing dedicated teams for efficient sorting and packaging [7] Group 3: Charging Infrastructure - As of the end of August, China's electric vehicle charging infrastructure exceeded 17 million units, marking a year-on-year growth of 53.5% [10] - The average monthly increase in charging facilities since the second half of the year has been around 600,000 [10] - Private charging facilities dominate the market, with over 13 million units, which is more than three times the number of public charging facilities [10]

Core Insights - The National Immigration Administration reported a significant increase in the number of inbound and outbound travelers in China, with a total of 460 million person-times from January to August 2025, marking a 14.9% year-on-year increase [1] - The rise in foreign visitors is particularly notable, with 51.3 million foreign nationals entering China, reflecting a 27.8% increase compared to the previous year [1] - The administration has implemented various measures to facilitate foreign entry into China and improve the efficiency of border inspections [2] Group 1 - The total number of inbound and outbound travelers reached 460 million, with mainland residents accounting for 220 million and Hong Kong, Macau, and Taiwan residents 180 million, representing increases of 15.4% and 11.2% respectively [1] - The number of foreign visitors increased by 27.8%, with visa-free foreign nationals making up 62.1% of this group, a 52.1% increase year-on-year [1] - The total number of transportation vehicles checked at borders was 24.48 million, a 16.2% increase, including 662,000 aircraft and 2.3452 million motor vehicles, which saw increases of 17.1% and 16.4% respectively [1] Group 2 - The National Immigration Administration aims to steadily expand institutional openness in immigration management, enhancing services for national strategies and optimizing policies for foreign exchanges and economic cooperation [2] - Continuous improvements in the border crossing environment and facilitation of personnel exchanges are prioritized to ensure smoother interactions between Chinese and foreign nationals [2]

Group 1 - The total number of inbound and outbound travelers at Beijing port has exceeded 14 million this year, marking an 18.1% year-on-year increase [1] - The number of foreign travelers entering and exiting has surpassed 3.9 million, reflecting a 34% year-on-year growth [1] - During the peak summer travel period from July 1 to August 28, over 3.95 million travelers passed through Beijing port, which is a 10.6% increase compared to the previous year [1] Group 2 - The inbound and outbound traffic included over 1 million foreign travelers during the summer, with nearly 60% benefiting from visa exemption and temporary entry permits [1] - Popular outbound destinations for domestic travelers included Japan, South Korea, Hong Kong, and Singapore, with family trips and summer camps being significant contributors to travel volume [1] - The Beijing border inspection station implemented various measures to ensure smooth and safe passage for travelers, including timely communication of travel tips and increased personnel during peak times [2]

Core Insights - The Guangzhou Entry-Exit Border Inspection Station reported a record high of over 2.77 million passengers during the summer travel season, marking a year-on-year increase of approximately 12.8% since July 1, 2025 [1][2] - Baiyun Airport reached a peak of 58,500 outbound and inbound passengers in a single day, indicating strong operational vitality during the summer travel period [2] - The demand for outbound travel is significantly driven by graduation trips and study tours, with over 890,000 outbound mainland residents recorded, reflecting a year-on-year growth of about 6.5% [2] Passenger Trends - Travelers predominantly favored traditional popular tourist destinations, with "New Malaysia-Thailand" and countries like Vietnam, Japan, and Indonesia accounting for 60% of the travel preferences [2] - Family travel and "K-12 student study tours" are the main contributors to outbound passenger flow, with strong demand for family trips and educational travel [2] Inbound Travel Dynamics - The implementation of convenient entry policies has led to a 32% year-on-year increase in inbound foreign travelers, with over 380,000 foreign visitors recorded since July [5] - More than 43% of inbound foreign travelers came for tourism purposes, highlighting the growing attractiveness of China's tourism market [5] - The introduction of the visa exemption policy for Malaysian travelers on July 17, 2025, has resulted in a 26.4% increase in Malaysian visitors, also boosting arrivals from neighboring Southeast Asian countries [5]

Industry Investment Rating - No investment rating information is provided in the report. Core Viewpoints - The report focuses on the "anti-involution" policy progress in the production industry and the entry-exit new policies in the service industry. It also provides an overview of the upstream, midstream, and downstream industries, including price changes and industry indicators [1][2][3][4]. Summary by Directory 1. Mid - view Event Overview - **Production Industry**: The energy storage industry is promoting "anti - involution." As of August 14, 152 enterprises have participated in the initiative issued by the China Chemical and Physical Power Industry Association on August 13 [1]. - **Service Industry**: On August 15, 2025, the People's Bank of China will conduct a 500 - billion - yuan outright reverse repurchase operation. The "Decision of the State Council on Amending the Regulations of the People's Republic of China on the Administration of the Entry and Exit of Foreigners" will be implemented on October 1, 2025, adding a K - type visa for foreign young scientific and technological talents [1]. 2. Industry Overview - **Upstream**: The price of glass in the black industry has declined, while the prices of eggs and palm oil in the agricultural industry have increased [2]. - **Midstream**: The urea production start - up rate in the chemical industry has stopped falling [3]. - **Downstream**: The sales of commercial housing in first - and second - tier cities have seasonally declined and are at a near - three - year low. The number of domestic flights is at a high level [4]. 3. Industry Credit Spread Tracking - The report provides the credit spreads of various industries as of August 13, including industries such as agriculture, forestry, animal husbandry, and fishery, mining, chemical industry, etc., and shows their changes over different time periods [48]. 4. Key Industry Price Index Tracking - The report tracks the price indicators of key industries as of August 14, including the prices of agricultural products, non - ferrous metals, energy, chemicals, and real estate - related building materials, and shows their year - on - year changes and trends in the past 5 days [49].

Group 1 - The Luohu Port tax refund processing point officially opened on July 31, increasing the total number of tax refund ports in Shenzhen to six [2] - The tax refund process is efficient, taking less than three minutes for completion, as experienced by the first user from Hong Kong [2] - In the first half of the year, Shenzhen's tax refund scale grew significantly, with sales of tax refund goods and business volume increasing by 160% and 390% year-on-year, respectively [2] Group 2 - The Shenzhen government aims to convert the large flow of overseas travelers into increased domestic consumption by enhancing the tax refund services at Luohu Port [3] - Future efforts will focus on improving the efficiency and quality of tax refund services to maximize the potential for tax refund shopping consumption [3] - The Luohu Port is the oldest and busiest land port between Shenzhen and Hong Kong, with over 33.7 million travelers in the first half of the year, marking an 11.7% year-on-year increase [2]