Daily News-20190710

 |  Xinhua/ China Daily

Today's point:

1.Macro:

China's producer prices up 0.3% in H1

2.Industries:

Daxing airport to be a star attraction

3.Trade:

India mulls exporting tobacco to China

4.Companies:

Nestle eyes special needs in infant nutrition market

 

 

Quick view

1.China's trademark registration surges 67.8% in H1

China's producer price index, which measures costs for goods at the factory gate, rose 0.3 percent year-on-year in the first half of 2019, the National Bureau of Statistics (NBS) said Wednesday.

In June, the index was flat with the same period last year, according to the NBS.

On a monthly basis, producer prices went down 0.3 percent in June, compared with the 0.2-percent growth in May.

Factory prices of production materials dropped 0.3 percent year-on-year in June, compared with the 0.6-percent growth in May.

Consumer goods prices gained 0.9 percent year-on-year in June, flat with the growth in May.

(source: Xinhua)

 

2.Daxing airport to be a star attraction

A bird's-eye view of Beijing Daxing International Airport. [Photo/VCG]

The new gigantic star-shaped Beijing Daxing International Airport, due to open by Sept 30, will have its domestic and international departure halls stacked vertically. This is the first such design among global airports, and will offer passengers more convenient and faster check-in and transfer services, its designer said on Tuesday.

Given the terminal's centralized design, the distance between the central area and the farthest boarding gate will be 600 meters of walking distance at the maximum, much less than many other Asian and European terminals, and the speed of baggage reclaim will be faster, said French firm ADP Ingenierie, the architectural designer of terminal 1 of Daxing airport.

Located 60 kilometers south of Beijing's city center, the new low-carbon airport is expected to serve as China's largest integrated transportation hub and one of the largest worldwide. More than 50 domestic and foreign carriers have shown interest in operating flights from there.

Building of the infrastructure of the new airport has been completed. Terminal 1 will have an annual capacity of 45 million passengers at its opening, which will be able to meet the transportation demand of the upcoming 2022 Beijing Winter Olympic Games.

Passengers can easily find their way within the open interior layout of the terminal, with restaurants and shops located around the central area with a skylight. Besides, there are five ancient Chinese style gardens with distinctive features located at the end of five departure lounges for passengers to take rest and wait for their flights, the designer said.

Meanwhile, China Eastern Airlines, which will move to the new airport along with China Southern Airlines, earlier said that it has proposed plans for off-airport check-in and bag drop services to the airport authorities, and related equipment is expected to be built at several places such as metro stations in the city.

"Remote self check-in facilities will be established at the connecting deck of metro stations and terminals, and they will start operations once the airport opens. Remote baggage check services will be introduced at a later time," said Yao Yun, deputy general manager of the global baggage control center at China Eastern Airlines.

(source: China Daily)

 

3.India mulls exporting tobacco to China

India is mulling exporting tobacco to China after the "Phytosanitary Protocol" for export of tobacco-leaves to China was renewed earlier this year, an Indian official said.

"With the production processes matching global standards, India will be able to produce and offer tobacco varieties which suit Chinese requirements," Chairman of India's Tobacco Board Kolaventy Sunitha said in a recent interview with Xinhua.

A high-level Indian tobacco trade delegation, led by Kolaventy Sunitha, visited China from June 23-28 and held talks with Chinese officials.

Sujitha told Xinhua that Indian Tobacco Board called for having a collaborative programme with China for improvement of yield and quality of tobacco.

As the world's third largest tobacco producer and exporter, India exports 59.55 billion Indian Rupees (around 851 million U.S. dollars) worth of tobacco and tobacco products to more than 115 destinations including the markets such as Belgium, Netherlands in Europe which accounts for 44 percent of exports.

(source: Xinhua)

 

4.Nestle eyes special needs in infant nutrition market

Binu Jacob, senior vice-president of the Baby Nutrition Business Unit for Nestle China, speaks at the Nestle Allergy Prevention Month event. [Photo /China Daily]

The maternity and baby nutrition unit of the global food and beverage maker Nestle SA is investing heavily in advocating allergy prevention and intervention by joining hands with the maternity community as well as baby and infant product platforms, in an effort to enhance its focus on special needs nutrition food and formula products in China.

"The Chinese market is so big, and we don't need to focus everywhere. We identify somewhere we can contribute more where our ability to win is higher because our products are science-based," said Binu Jacob, senior vice-president of the Baby Nutrition Business Unit for Nestle China.

Jacob said in China about 10 percent of babies are born with an allergy risk and the number is climbing.

Nestle Infant Nutrition has launched allergy prevention month recently in Beijing to call for enhanced awareness among mothers and communities to pay attention to the first 1,000 days in a life. Activities include courses and lectures with clinics and maternity communities on these subjects.

According to the report White Paper on Baby and Infant Allergy jointly released by Nestle Maternity and Infants as well as Ivybaby, a visible shortage of causes and symptoms of allergy among Chinese families has been found. More than 70 percent of Chinese parents are not aware that formulas could cause allergies.

Cui Yutao, head of Ivybaby, a leading mother and baby vertical platform, suggested Chinese parents use probiotics properly and avoid abusing antibiotics to build a healthy intestinal environment to reduce risks in allergy among babies.

(source: China Daily)

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