Copyright 2021 - Ningbo Life / Ningbo Expat

Ningbo foreign traders sign big contracts in Dubai

On the afternoon of November 16, at the opening ceremony of the "Zhejiang Week ? Ningbo Day" activity of the 2020 Dubai World Expo, as well as the China (Ningbo) - UAE Economic and Trade Docking Fair, Ningbo foreign trade enterprises signed five trade cooperation contracts on the spot with enterprises in the UAE, Saudi Arabia and other places, covering such fields as power products, beauty tools, electrical appliances, vehicle accessories and after-sales, with a trade turnover of over US$100 million.
The fair adopted a combination of online and offline modes to realize the docking and negotiation between Ningbo foreign trade enterprises and enterprises in the United Arab Emirates and other countries. On the spot, in accordance with the industrial characteristics of the UAE, Ningbo petroleum and chemical enterprises conducted online docking negotiations with their counterparts in the UAE.
Some specialized economic and trade promotion activities were conducted at the opening ceremony. Zhang Qionghua, chief economist of Ningbo Municipal Bureau of Commerce and deputy director of the Free Trade Office, made an all-round and multi-dimensional promotion to the Ningbo section of Zhejiang Free Trade Zone.
After the opening ceremony, the 2021 China (Ningbo)-Dubai International Consumer Goods Expo was held. Over 100 foreign trade enterprises from Ningbo conducted online interactive negotiations with over 500 purchasers from Saudi Arabia, the United Arab Emirates, Oman, Turkey, Israel, Lebanon, Jordan and other Middle East and surrounding countries.

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18 Ningbo enterprises listed as national manufacturing champions

On November 15, the Ministry of Industry and Information Technology ended the publicity of the sixth batch of national manufacturing individual champions. A total of 118 individual champion demonstration enterprises and 141 individual champion products were selected in this batch. Among the 259 national manufacturing individual champions, 18 are from Ningbo. With the previous 45 national manufacturing individual champions, the total number of such enterprises in Ningbo has reached 63, ranking first in China for four consecutive years.
From the data, Ningbo is a well-deserved single champion city. In recent years, there have been 35 national manufacturing single champion demonstration enterprises, ranking Ningbo the first in China. A total of 28 national individual champion products were selected, ranking second in China. In terms of growth rate, the number of the new batch of national manufacturing individual champions in Ningbo increased by 40% over the previous batch.
The number of individual champions can remain in the forefront of the country, which is inseparable from Ningbo's solid industrial foundation and good port advantages.
Ningbo's manufacturing industry has a complete range of categories, and the survival of the fittest for a long time makes Ningbo manufacturing enterprises have to focus on specialization and excellence, to realize the continuous rise of market share through continuous innovation. According to the analysis data of 384 manufacturing individual champions and cultivation enterprises by Ningbo Municipal Bureau of Economy and Information Technology, 110 enterprises have the largest market share of leading products in the world, accounting for 28.65%of the total. 262 enterprises have the largest market share in China, accounting for 68.23%. Most enterprises have long

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Ningbo livestreaming studio off for "Double 11"

Ningbo's major live streaming agencies have also made good preparations!

On the eve of Double 11, the internet anchors are on the go.

This year's "Double 11", live streaming economy has become a highlight in e-commerce. As early as the beginning of the "Double 11" pre-sale, the top anchor broke the sales record, and the e-commerce live streaming entered the "RMB10 billion era", releasing strong consumption potential.

In Ningbo, the business of major live streaming agencies also showed a spurt of development.

"During Double 11 this year (October 20-November 11), our small goal' is to achieve more than 250 million GMV (the brand’s Gross Merchandise Volume on the e-commerce platform)." Wu Binbin, the person in charge of Liangjian Interactive Entertainment, said.

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Airspace upgraded in Ningbo

  1. Recently, flight MU5481 flew into the airspace of No.2 control sector of Ningbo approach and went to Qingdao, marking the formal implementation of the two-year airspace adjustment and the addition of control sectors in Ningbo control zone. So far, the area of approach control airspace of Ningbo ATC station has been expanded from over 12,000 square kilometers to over 17,000 square kilometers, with an increase of 43%, and the vertical range has been raised from 3,000 meters to 4,200 meters. Meanwhile, the flight has realized double sector operation from single sector operation, and the flight support capacity and operation efficiency will be significantly improved.
    The airspace adjustment and sector operation addition is the largest business upgrading action over the seven years since the establishment of Ningbo approach. After the expansion of airspace, Ningbo approach will take over the control authority of the Andong-Shangyu section, which was originally commanded by Hangzhou approach, and undertake the responsibility of height crossing deployment of incoming and departing flights near Shengzhou. With the rise of the airspace ceiling, the operation guarantee process between control units has been optimized, the flight contradiction perplexing the three control units of Shanghai, Hangzhou and Ningbo in the north of Ningbo Airport has been solved, and the control pressure of the two busy airports of Shanghai and Hangzhou has been shared. Meanwhile, Ningbo air traffic control has actively prepared for personnel and hardware equipment, and completed the operation of additional sectors, that is, the control area is divided into two parts, and the monitoring range of each controller is refined to provide more accurate control guidance. This serves as an effective way for busy airports to improve control efficiency and reduce control load.

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811 million! Ningbo signs large purchase order with “Belt and Road" Countries

As the most important event of the Ningbo Trading Group of the 4th CIIE, yesterday afternoon, Ningbo and the "Belt and Road" countries trade matchmaking and major procurement project signing event was held in Shanghai.

 

Approximately 100 exhibitors from countries along the “Belt and Road” have trade negotiations with manufacturing enterprises, importers and distributors from Ningbo. 14 projects were signed on-site, including 5 procurement projects with an intended purchase amount of US$811 million, 7 foreign-funded projects with a total investment of US$1.454 billion, 2 domestic-funded projects with a total investment of US$617 million.

The seven foreign-funded projects mainly involve investment and cooperation in chemical industry, equity investment, industrial chain, environmental protection and complex. The source of the project covers   the United States, Germany, Thailand, and Hong Kong, China.

The five procurement projects involved meat, fast food, Indian peppers and daily necessities, as well as raw material and bulk commodity copper concentrates. The intended purchase amount of US$811 million filled Ningbo's "shopping cart" for the China International Expo.

In terms of the contracted amount of procurement projects, like last year, the food category still tops the list. Ningbo Lianbang Changyun International Trade Co., Ltd. signed a large order of US$500 million to import frozen meat from France's Deerta Company, which was agreed to be completed in 3 years. Ningxing Youbei International Trade Co., Ltd. followed closely, placing an order of RMB1.3 billion to purchase fast food products such as South Korea's Samyang turkey noodles, which is expected to be completed in one year.

Actively undertaking and amplifying the spillover effect of the CIIE, Ningbo also signed two major domestic-funded projects at the matchmaking site, including the production of raw materials and preparations and the sodium hyaluronate industrial park project, demonstrating Ningbo’s compelling business environment and innovative development to outstanding projects

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