Copyright 2023 - Ningbo Life / Ningbo Expat

Ningbo's Total GDP Exceeded 1.5 Trillion Yuan

Yesterday, the Ningbo Municipal Bureau of Statistics and the Ningbo Investigation Team of the National Bureau of Statistics announced the city's economic operation in 2022. According to the results of the unified accounting of the province's gross regional product, Ningbo's total GDP reached 1.57043 billion yuan last year, an increase of 3.5% year-on-year at comparable prices, an increase of 0.5 percentage points higher than the national and 0.4 percentage points higher than that of the province; the total GDP accounted for more than 20% of the province for the first time, reaching 20.2%, an increase of 0.3 percentage points over the previous year.

In the past year, Ningbo has fully implemented a series of decisions and deployments of the state, provinces, and municipalities to stabilize the economic market, promoted economic stability and quality improvement with extraordinary efforts, and joined hands with various market entities to tide over the difficulties, and the city's economy showed a positive trend of stabilization under pressure. The three industries have gradually recovered, the three major needs have made concerted efforts, the cultivation of emerging kinetic energy has been accelerated, and the social and people's livelihood protection has been strong, achieving a good start in the construction of a modern coastal metropolis.

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Hundreds of business groups to go out for more foreign investment

Hundreds of business teams involving over 1000 enterprises and more than 10,000 personnel will be organized from next April to go out to develop the overseas market, attract foreign investment, and boost the quality of opening up, the authority announced yesterday afternoon.

 Under the implication of unexpected factors such as global inflation and energy crisis, this year witnessed unprecedented pressure on the city's foreign trade and foreign investment, arousing the urgent demands from foreign trade enterprises to stabilize orders and expand the market. However, many players remain apprehensive about "going out".

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Ningbo Played a "Combination Fist" to Guide Enterprises to Stabilize Production and Improve Quality

For enterprises with a year-on-year increase in industrial output value of more than 10% in the fourth quarter, an incentive of 100,000 yuan will be given for every additional 1 percentage point year-on-year; For enterprises with an industrial output value increase of more than 10% year-on-year in the first quarter of 2023, an incentive of 100,000 yuan will be given for every additional 1 percentage point year-on-year... Recently, Ningbo issued the "Several Opinions on Industrial Sprint to Win the "Red Start" and Stabilize Production and Improve Quality in the Fourth Quarter", and the "combined fist" goal of a number of incentive measures is directly aimed at helping enterprises bail out, stabilize production and improve quality.

Since the beginning of this year, the state and Zhejiang Province have successively introduced and implemented a package of policies to stabilize the economy and successor policies. The city has also formulated and implemented 47 policies such as stable chain relief and enterprise assistance and new 16 articles, and the "Several Opinions" released this time are more targeted and pay more attention to helping enterprises bail out.

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The First Batch of Live Filipino Yellow Eels Arrived in Ningbo

On December 1, a batch of live yellow eels from the Philippines arrived at Ningbo Lishe International Airport, and after being inspected by Ningbo Airport Customs, it was quickly sent to the seafood market in the Yangtze River Delta region for sale. It is understood that this batch of yellow eels totaled 585 boxes, 17.2 tons, which is the first batch of Philippine live yellow eels imported from Ningbo Airport and Port.

"Because of Philippine eating habits and other reasons, the local people do not eat much yellow eel, so the local yellow eel supply is more, not only is the size thicker than the domestic yellow eel, the large one weighs 0.5 kilograms, and the price is generally cheaper than the domestic one." Philippine yellow eel sales are still quite large in China, so it is expected that it will enter the domestic market through Ningbo Airport three times a week in the future. Jia Fengming, head of Ningbo Jiirong Supply Chain Technology Co., Ltd., introduced.

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7th China Innovation Challenge (Ningbo) held

On November 28, the 7th China Innovation Challenge (Ningbo) was rounded off. It is reported that there are 23 major technical needs from all over the country and 96 technical teams from all over the world in this challenge. After the competition at the main venue and the sub-venues (Yinzhou District, Qianwan New Area, Yuyao County, and Ningbo Steel Group), the technical solutions proposed by six innovation teams, including Gu Jianfeng’s team of Shanghai Jiaotong University, stood out and won the excellence award for solutions. 19 innovation teams including Dai Donghua’s team of Nanjing University of Aeronautics and Astronautics won the excellence award for innovation teams. Six enterprises, including Ningbo Zhongyuan New Material Technology Co., Ltd. won the Best Technical Demand Award. Afterwards, the innovation teams will conduct project docking with the corresponding enterprises.

Founded in 2016, the China Innovation Challenge focuses on the improvement of enterprises’ technical innovation capacity. It aims to match high-quality innovation resources with enterprises to promote the development of strategic emerging industries and the

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