Copyright 2022 - Ningbo Life / Ningbo Expat

Ningbo Foreign Trade Enterprises Use the Canton Fair to Cultivate "Eighteen Martial Arts"

On October 15, the 132nd China Import and Export Fair (Canton Fair) opened online, with 1,388 enterprises participating in the Ningbo trading delegation and uploading more than 200,000 samples at 1,796 online booths.

It is understood that many exhibitors are experienced "old Canton Friends". Since the Canton Fair moved to the "cloud" in 2020, they have continuously improved their ability to move from the background to the front, exercised "eighteen martial arts" such as live broadcast and goods, new media marketing, and information technology, attracted traffic through online channels, and demonstrated "real kung fu" to foreign investors

Ningbo implements bonded LNG injection for international ships

Recently, the General Office of Ningbo Municipal Government issued the “Measures for the Administration of Bonded LNG Injection Pilot for International Navigation Ships in Ningbo Area of China (Zhejiang) Pilot Free Trade Zone”. This is an exploration for Ningbo to implement the “Regulations of China (Zhejiang) Pilot Free Trade Zone”, carry out the pilot work of bonded liquefied natural gas (LNG) injection for international ships, and accelerate the development of injection business, which is of great significance for Ningbo to build an oil and gas resource allocation center with international influence.

It is a pilot operation to provide bonded LNG injection for international ships within the sea area of Ningbo. The administrative measures are applicable to enterprises registered in Beilun District, Ningbo and engaged in the bonded LNG injection business for international ships.

In the specific operation, the Management Committee of Ningbo area will be responsible for the overall coordination

Read more: Ningbo implements bonded LNG injection...

Consumer Market: the Long-lost "City Fireworks" Is Back

In the summer, the public's enthusiasm for consumption heats up. (Photo by Wang Jianbo and Sun Jiali)

 In order to rekindle the "urban fireworks", Ningbo has restarted the issuance of consumer coupons from the end of February. In April, the General Office of the Municipal Government issued the "Several Measures to Stabilize the Chain and Help Enterprises in Ningbo". With the implementation of a series of bailout policies in the consumer sector, Ningbo's consumer market rebounded rapidly. Data released by the Municipal Bureau of Statistics shows that from January to May, the city's total retail sales of consumer goods reached 175.25 billion yuan, a year-on-year increase of 2 places in the province. Among them, the consumption recovery momentum in May was good, and the recovery rate of social zero was better than that of the whole province and the whole country. In terms of industries, industries such as home appliances and catering are gradually recovering, and new consumption fields such as live broadcast e-commerce are in full swing.

 Real money helps home appliance companies "buck the trend"

Read more: Consumer Market: the Long-lost "City...

Ningbo enterprises attend the “cloud” Canton Fair

On October 15, the 132ndChina Import and Export Commodities Fair (hereinafter referred to as “Canton Fair”) was opened online. This year’s session of Canton Fair attracted over 35,000 exhibitors, including 34,744 export enterprises and 416 import enterprises.

Ningbo delegation to the fair consists of 1,388 enterprises, with 1,796 online booths.

It is worth noting that the service duration of the online platform of the Canton Fair will be extended from the usual 10 days to five months. Except for the 10 days for exhibitors to connect and make appointments, other functions will continue to be open until March 14, 2023, in the hope of helping enterprises expand their global marketing network and expand the “circle of friends” of China’s foreign trade.

Read more: Ningbo enterprises attend the “cloud”...

Foreign trade remains a two-way win-win

As we all know, July and August are the holiday season for Europeans. For many of them, sunshine, blue sea, and sandy beaches will be their favorite holiday destination. It is not only a reward for themselves, but also to refresh themselves for the next step. So, no business!

However, as the epidemic continues, it is urgent for foreign trade companies to stabilize their orders. Despite all the difficulties, Ningbo  launched the country's first business round-trip charter flight to expand the market. In this regard, there were some different voices: It's the holiday season now. Foreigners might have gone on vacation, and customers may not be available; since there is no exhibition in Europe, their visit might be in vain; we might as well wait and see.

Despite all these voice, Wei Guowen responded with practical actions.

Read more: Foreign trade remains a two-way win-win

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