Copyright 2024 - Ningbo Life / Ningbo Expat

Ningbo is China's largest production base of clothes

According to Ningbo Municipal Economic Information Commission, Ningbo at present has over 3,000 producers of various clothes, producing about 1.5 billion clothes every year, covering over 13% of the total production of China. Ningbo is now China's largest production base of clothes, the largest base of clothes brands and the largest base for clothes export. It has 26 China Well-known Trademarks and 20 Chinese Brand Names including Youngor, Firs, Romon, TONLION, Rouse, Peacebird and Progen.

On the list of 2010-2011 Top 500 China Textile and Clothes Enterprises there are Ningbo enterprises like Shenzhou, Youngor, Veken, Beyond, Zhongxin, Bridge, Kanger, Yongnan, Aiyimei, Seduno and Sanbang.

The clothes industry is a name card of Ningbo. It is No.1 in China for its comprehensive strength. It has China's largest producers of suits and shirts and it is the most powerful and influential in China for its three industries of clothes, knitwear and household textiles.

In the last year, the total industrial output value made by the large clothes enterprises amounted to 124 billion yuan, increased by 3.3% year on year. An initial estimation shows that Ningbo has 2.4 large clothes enterprises (those whose income of the primary business is above 20 million yuan a year) and the total income reaches 19.424 billion yuan, up by 9.06% year on year. In the last year, economic returns of the clothes enterprises kept increasing, with the profit totaling 1.989 billion yuan, increased by 11.6% above the same period of the previous year.

In the circle of clothes industry, Ningbo International Fashion Festival is very influential, thanks to the powerful clothes producing groups. The 16th Ningbo International Fashion Fair is to open from 25 to 28 in October.

Xiangshan to build a large aquatic park

In Damuwan New Town in Xiangshan, there will appear a large aquatic park and a nationwide regimen regimen center. The other day, the Administrative Committee of Damuwan of Xiangshan County signed agreements on the investment and construction of the two projects, whose contract value reaches 3.5 billion yuan.

Reportedly, the aquatic park, whose investment totals 3 billion yuan, will have two parts: the indoor aquatic part and the outdoor aquatic part. It will have a theme park, a water playground, an amusement park, a wharf, restaurants, and a shopping center. Within two years, the project expects to complete by 60% and put into operation. The daily reception of visitors is about 30,000

Sales in shopping malls and supermarkets dropped

With the fine weather these days, the number of citizens conducting out of town traveling began to increase significantly, leading to the drop of sales in shopping malls and supermarkets. On October 2, the sales volume in the 11 large-scale shopping malls under monitoring stood at 53.513 million yuan, down by 18.9% over the same period last year.

The increase of traveling citizens had a bigger impact on the sales in supermarkets. The sales volume of the eight large-scale supermarkets under holiday monitoring stood at 42.109 million yuan, declined significantly compared with the previous days.

Prosperous farmer's inns in National Day Holiday week

Thank to the long holiday week and the free highway charge, Ningbo witnessed a prosperity in the business of farmer's home inns in National Day Holiday week. According to statistics of Ningbo Municipal Office of Agriculture, in the 8 days, the large farmer's inns in the city received 1.4595 million tourists. The business income reaches 123.93 million yuan, increased by 48.99% and 154.6% respectively year on year. 其中,The farmer's home inns received 308,000 visitors, more than any city in Ningbo. The business income of farmer's home inns in Beilun reaches 56 million yuan, more than any other cities in Ningbo

11 village Yinzhou Bank Branches established

The Development Research Center of the State Council recently has published a series of special research reports on the development pattern of Yinzhou Bank.

The series report, with the title of "New environment and development strategies of small and medium-sized banks: a case study of Yinzhou bank", made an in-depth analysis of the development concept of "benefit sharing and win-win cooperation" and its contribution to the competitive strength of the bank. Five points are listed as revelations from the development of Yinzhou Bank: seeking after regional expansion on the basis of the local development, improving the standard of professional services with the strategy of careful advancement and comprehensive development, strengthening the construction of corporate culture and creating healthy and positive corporate culture, promoting the innovations on products and mechanism and reducing reliance on interest margins, and accelerating technology upgrading, improving operation efficiency and reducing operation costs.   

In recent years, by means of independent launching and strategic investment, Yinzhou Bank established 11 village branches in Guangxi, Xinjiang, Sichuan, Anhui, Hebei and Zhejiang. It is estimated that there will by 24 branches by the end of this year and the bank will strategically invest in six small and medium-sized financial institutions.

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