Ningbo Was Selected as a National Service-oriented Manufacturing Demonstration City

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Category: Ningbo Business

Published: Monday, 25 October 2021 10:52

Yesterday, the Ministry of Industry and Information Technology ended the announcement of the third batch of service-oriented manufacturing demonstration lists. In this list, there are 5 Ningbo enterprises shortlisted. Relying on continuously exploring new development models and guiding manufacturing enterprises to accelerate the expansion and upgrading of service-oriented manufacturing, Ningbo has been successfully selected as a national-level service-oriented manufacturing demonstration city.

Service-oriented manufacturing is a new type of industry that integrates manufacturing and service. With the accelerated reconstruction of the global industrial chain and supply chain, how to guide enterprises to expand from processing and assembling to "manufacturing + service" and from simply selling products to "product + service" is the extension of enterprises to the high-end of the industrial chain. An important starting point is also an important way for Ningbo to move from a big manufacturing city to a strong manufacturing city and achieve high-quality development.

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Strategic emerging industries of Ningbo bloom

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Category: Ningbo Business

Published: Tuesday, 31 August 2021 14:11

The first liquid helium-free magnetic resonance imaging system in China was born in Ningbo. China’s first space microscopic experiment instrument was manufactured by Yongxin Optics. The only new heat-forged titanium bronze material that can be red stamped in the world has been successfully developed and mass produced on Ninghai China-Ukraine High-end New Materials Platform.

Since the beginning of this year, a number of strategic emerging industrial projects with key technologies have been launched in Ningbo, becoming a new driving force for the high-quality economic development of the city. According to the municipal Development and Reform Commission, for the first half of the year, the city’s strategic emerging industries have achieved rapid growth, with the total output value and added value of large-scale industries reaching 295.6 billion yuan and 64.9 billion yuan respectively. Among them, the growth rates of new materials industry, health manufacturing industry and core digital economy manufacturing industry reached 35%, 30% and 30% respectively, leading to an average growth rate of more than15% over the past two years.

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Ningbo bolstering CEECs export expansion to China

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Category: Ningbo Business

Published: Tuesday, 31 August 2021 14:15

Surprisingly, on the first cloud matchmaking after the second China-CEECs Expo this year, the top one in the list of buyers was PetroChina!

 In the afternoon of 26th, Walk into Supermarkets, the CEECs trade matchmaking activity, was held in Ningbo International Convention and Exhibition Center. According to the organizer, this post-exhibition supply and demand matchmaking activity is to integrate into the dual circulation development pattern and smooth out the terminal of the import industry chain of CEE goods. Thereupon, more CEE quality products will be accessible to the domestic consumer market. More than 10 buyers over the country were invited to participate, including chain supermarkets, chain convenience stores, etc.

 "We have more than 20,000 convenience stores in 31 provinces, and more than 500 in Zhejiang alone." said Jiang Lirong, the person in charge of PetroChina's USmile Zhejiang Branch. The number of USmile convenience stores ranked in the top three in the 2020 national retail list.

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Ningbo completes annual task of foreign capital introduction in seven months

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Category: Ningbo Business

Published: Tuesday, 31 August 2021 14:09

According to Ningbo Municipal Bureau of Commerce, in the first seven months of this year, Ningbo actually utilized US$2.56 billion of foreign capital, exceeding that of last year, and completed the business introduction task assigned by the province five months in advance.

From January to July this year, the utilization of foreign capital in the city was stable and positive, with the actual utilization of foreign capital of US$2.56 billion, a year-on-year increase of 54%, 23.1 and 16.8 percentage points higher than that of the whole country and the whole province respectively. Its actually utilized foreign capital was 2.5% of that of the whole country, an increase of 0.3 percentage points year-on-year. So far this year, 373 foreign-funded enterprises have been newly established, an increase of 128 over the same period of last year. The total investment was US$8.39 billion, a year-on-year increase of 31.1%.

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