Group 1 - The upcoming Mid-Autumn and National Day holidays are expected to see a significant increase in travel demand, characterized by "strong demand, diverse structure, prominent peaks, and active inter-provincial travel" [1][2] - Daily average highway exit flow in Jiangsu province is projected to reach 4.36 to 4.48 million vehicles, representing a year-on-year increase of 4% to 7%, and a 78% increase compared to regular days [2][3] - On October 1, the single-day exit flow is expected to exceed 4.9 million vehicles, setting a historical peak for the National Day holiday [2][3] Group 2 - The holiday period will see a notable increase in passenger transport, with a total of 22.06 million travelers expected to be sent via various transport modes, averaging 2.76 million per day, which is a 5.1% year-on-year increase [3] - Among the transport modes, railways are expected to dominate long-distance travel, with a projected passenger volume of 11.05 million, averaging 1.38 million per day, marking an 8.2% increase [3] - The increase in travel is driven by a combination of family visits, tourism, and student travel, with tourism orders in Jiangsu province increasing by over 50% [3] Group 3 - Traffic flow during the holiday is expected to exhibit a "two peaks" pattern, with significant congestion anticipated on September 30 and October 8, and extended peak hours on October 1 [4] - Major highways around large cities will experience "early out and late return" traffic patterns, with significant variations in flow across different river crossing points [4] - Daily average traffic flow on key river crossings such as the Jiangyin Bridge and Suzhou Bridge is projected to reach between 121,000 to 148,000 vehicles [4] Group 4 - The newly opened Ningyang and Changtai Yangtze River bridges are expected to handle an average total traffic flow of 25,000 vehicles per day, effectively alleviating congestion [5] - Recent infrastructure improvements, including new highway segments, have significantly optimized the regional road network and enhanced service capacity [5] - The highway network's supply capacity has been strengthened, with only six construction-related closures planned during the holiday period [5]

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Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The new generation national traffic control network is a complex system composed of road infrastructure, vehicles, and supporting operation and service systems, enabling real-time data exchange among various units and subsystems [9] - The development of smart highways aims to enhance traffic safety, service levels, and the overall efficiency of the transportation system by leveraging intelligent and information-based infrastructure [14] - The report emphasizes the need for a comprehensive approach to smart highway development, integrating new technologies and ensuring the adaptability of existing systems [53][62] Summary by Sections 1. Overview of the New Generation Traffic Control Network - The new generation traffic control network supports dynamic adjustments based on real-time data, enhancing reliability and safety [9] - It aims to balance road network capacity with traffic demand, optimizing the functionality of the transportation system [9] 2. Current Situation of Highway Traffic Development - Highway traffic safety remains a significant concern, with frequent incidents and regional congestion exacerbated by adverse weather conditions [22] - The report highlights the increasing pressure on highway operations due to economic growth and rising public expectations for safety and service quality [24] 3. Current Status of Smart Highway Development Abroad - Countries like Japan and Germany are leading in smart highway initiatives, focusing on safety, management, and service enhancements through advanced technologies [31][41] - The report notes that smart highways are becoming a global trend, with various international projects demonstrating innovative applications [34] 4. Overall Strategy for Smart Highway Development - The report outlines a top-level design approach that integrates new technologies and emphasizes the importance of standardization and nationwide implementation [53] - It advocates for a multi-layered, open system that enhances service levels and safety through advanced control strategies [56] 5. Related Work Deployment for Smart Highways - The Ministry of Transport has initiated pilot projects for smart highways across several provinces, focusing on digital infrastructure and advanced technology applications [88][92] - The report details specific pilot themes, including infrastructure digitization and the application of high-precision positioning technologies [94][98]