Core Insights - The pet economy is experiencing rapid growth, with the market size expected to reach 300.2 billion yuan in 2024, reflecting a year-on-year increase of 7.5% [1] - The number of urban pets (dogs and cats) in China is projected to exceed 120 million by 2024, marking a 2.1% growth [1] - By 2028, the pet economy market size in China is anticipated to reach 1.15 trillion yuan [1] Industry Trends - The pet economy has expanded from basic food and supplies to a broader range of life services, creating a comprehensive service ecosystem covering the entire lifecycle of pets [2] - The concept of "pet-friendly" spaces is becoming increasingly popular, with pet-friendly parks, cafes, and shopping areas emerging in major cities like Beijing and Shanghai [3] - The rise of pet-friendly services is seen as a new growth point, particularly in tourism, with developments like high-speed rail pet transport services and dedicated pet terminals at airports [4] Competitive Landscape - Numerous brands are entering the pet-related market, leading to intense competition in areas such as pet food and apparel [5] - The pet food retail brand "Pet Fresh" opened its first store in Shanghai and raised $25 million in angel funding, setting a record for recent angel funding in the pet industry [5] - Companies like Adidas are launching pet apparel lines, recognizing the significant emotional value pets bring to consumers [5] Market Dynamics - The pet food segment holds a significant market share, with online sales channels accounting for over 80% of pet food sales [6] - The integration of the pet economy with technology, culture, and tourism is driving innovation, with trends like AI diagnostics and smart home devices enhancing pet health management [6] - The ongoing rise in living standards, demographic changes, and improved living environments are expected to support market expansion and foster new business models [6]

Core Viewpoint - The upcoming "May Day" holiday combined with the Canton Fair is expected to significantly increase passenger traffic at Baiyun Airport, with a forecasted daily average of approximately 50,000 passengers and peak values potentially exceeding 53,000 passengers [1] Group 1: Passenger Traffic Management - Baiyun Airport has proactively planned for the "May Day" holiday, enhancing key operational areas such as "gate allocation," "baggage handling," "check-in services," and "passenger security checks" [3] - The airport will open additional security check channels during peak times to expedite passenger processing [3] Group 2: Team and Transit Services - To improve team passenger services during peak periods, Baiyun Airport will set up additional check-in counters and expedite check-in processes to reduce waiting times [5] - The airport has upgraded 11 transit waiting and resting areas, providing free light meals to meet the needs of long-waiting transit passengers [6] Group 3: Enhanced Transit Experience - Baiyun Airport has innovated its transit services, collaborating with airlines to create tailored support plans and improve customs clearance efficiency for international transit passengers [9] - The airport offers eight major transit benefits, including seamless transit, baggage handling, dedicated pick-up services, and free storage options [6] Group 4: Pet Travel Services - Baiyun Airport has launched the first pet terminal in the country, which will open on May 1, providing a "star-rated pet hotel" for pet boarding, grooming, and care [10] - The pet terminal includes services such as quarantine booking, pet check-in, and boarding hotel services, ensuring a comprehensive travel experience for pet owners [13] Group 5: Weather Advisory - The weather forecast indicates that the "May Day" holiday will primarily feature overcast conditions with light rain, with significant rainfall expected in northern and northeastern Guangdong on May 1 [14] - Travelers are advised to check weather conditions in advance and adjust their travel plans accordingly [17]