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Local

Hubei experiments differential expressway tolls to lower cost for enterprises

June 05, 2018


Abstract : Hubei Province from June 1 kicked off differential freeway tolls including extending preferential toll time and increase preferential margin of 2 freeways’ tolls to save an estimated 600 million yuan logistics cost for enterprises annually.

BEIJING, June 4 (Xinhua) – Central China-situated Hubei Province from June 1 kicked off differential freeway tolls including extending preferential toll time and increase preferential margin of 2 freeways’ tolls to save an estimated 600 million yuan logistics cost for enterprises annually, reported Hubei Daily.

According to a joint circular issued by the Department of Transportation of Hubei Province and its Price Bureau, the province would continue to implement the 5 percent discount for electronic toll collection (ETC) by passenger vehicles and the 15 percent discount for freight vehicles on highways.

What’s more, Hubei Province granted a 50 percent discount of expressway tolls to international standard container trucks entering and exiting main ports of the Yangtze River and Han River via designated expressway toll stations to boost railway-waterway-highway multimodal transportation.

The above-mentioned main ports of the Yangtze River and Han River were increased to 12 from 10 in the past and the designated expressway toll stations were adjusted to 14 from 11.

As people from the Department of Transportation of Hubei Province noted the differential expressway toll policies were good for logistics cost reduction and economic efficiency improvement of enterprises and would play a bigger role in supporting local multimodal transportation.

Currently, the 12 main ports of the Yangtze River and Han River include six port areas of Wuhan New Port – Yangluo Port Phase I, Phase II and Phase III, Huashan, Hannan and Jinkou, Yunchi Port and Baiyang Port of Yichang City, Yanka Port of Jingzhou City, Qipanzhou Port of Huangshi City, Shayang Port and Shipai Port of Jingmen City.

The 14 designated expressway toll stations are Yangluo, Shigang, Baiwushan, Hannan, Xujiabao, Jinkou, Baiyang, North Yichang Bridge, Xiaoting, Shashi, Jingzhou Middle, Huangshi West, Jingmen and Shipai.

Wuhan, the capital city of Hubei Province, is a comprehensive transportation hub and one of the economic centers in central China and Yichang, Jingzhou, Huangshi and Jingmen are all important regional railway or highway or waterway transport hubs of Hubei Province. (Contributed by Duan Jing, duanjing@xinhua.org; edited by Zhang Aifang)

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Keyword: Hubei freeway toll

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