Copyright 2022 - Ningbo Life / Ningbo Expat

Ningbo completes annual task of foreign capital introduction in seven months

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%.

Read more: Ningbo completes annual task of...

Ningbo high-tech enterprises will reach 8,000 in 2025

Innovation is the first driving force for high-quality development, and manufacturing innovation is the main engine.

Recently, the "Notice on the Implementation Plan for the Construction and Improvement of Zhejiang Manufacturing Innovation Center (2021-2025)" issued by Zhejiang Province stated that by 2025, Zhejiang will strive to create 2-3 national manufacturing innovation centers, and accumulatively build 30 provincial-level innovation centers, achieving full coverage of the ten iconic industrial chains and comprehensively improving the innovation capabilities of the manufacturing industry.

In recent years, Ningbo's innovation entities have continued to increase, and innovative enterprises have emerged in large numbers. According to statistics, from 2016 to 2020, Ningbo has cultivated an average of 2,000 innovative start-ups and 500 high-tech enterprises each year. By the end of 2020, Ningbo has 3102 effective high-tech enterprises, 1381 provincial high-growth high-tech small and medium-sized enterprises, 66 provincial-level crowd-entrepreneurship spaces, 32 national-level enterprise technology centers, and 12 national-level incubators.

Read more: Ningbo high-tech enterprises will...

The fourth top coffee seller Doncafe entered into China’s market

“There are two coffee beans, with great commercial value, planted in large quantities in the world, namely the Arabica bean and the Robusta bean. Serbian coffee boasts various flavors, strong floral and fruity aroma and appropriate complementarity of acidity, bitterness and sweetness ...”

On August 5, a special tasting event was held in the permanent pavilion of products from Central and Eastern European countries. As the fourth largest coffee brand in the world, Doncafe from Serbia made its way to China. This is the first CEE coffee brand entering the Chinese market, debuting at the 2nd China-CEE Expo in June this year and considering Ningbo as a “bridgehead" for future development in China.

It is reported that Doncafe has 14 production bases around the world, it perfectly combines traditional production methods and modern brewing technology, aiming to produce high-quality products for the mass market. After more than 20 years of development, it has emerged as one of the top 5 coffee brands in the world, ranking 4th in total sales, and is expected to become a dark horse in China’s prevailing coffee market.

Ningbo Serbian National Pavilion, which has been engaged in trade between China and Central and Eastern European countries for many years, serves as the general agent of Doncafe in China. Zhong Kai, CEO of the company, said: “We will attempt to sell the coffee in Ningbo International Convention and Exhibition Center Hall 9, and the first national flagship store location is still under investigation, which is expected to land in Ningbo Old Bund in November this year.

By the new retail model of ‘online and offline, we will operate Doncafe as a national offline chain store similar to Starbucks and open it for franchising, while introducing abundant product lines of coffee beans, instant coffee and espresso. With the diversion of offline stores, some other new products from Central and Eastern Europe, such as milk and cereal, will also have more opportunities to be known by the public.

At present, the team in charge of the Serbian National Pavilion in Ningbo is also opening “Central and Eastern European House" in more than 60 major cities in China with Ningbo as the center. According to their vision, the “Central and Eastern European House" is not only a place for commodity experience and tasting but also a “living room of the city" to show the economy, politics and culture of Central and Eastern European countries in all aspects.

Ningbo has the only China-CEE economic and trade cooperation demonstration zone in China, relying on the platform of the CEE Expo, which brings us a lot of promotional opportunities. Next, we hope to introduce more high-quality goods into China, spreading them from Ningbo to the whole province and even the whole country." Zhong Kai said

5-year plan for the development of new material industry in Ningbo

It is learned from the Municipal Economic and Information Bureau, the development plan for Ningbo new material industry cluster has been issued recently. According to the plan, Ningbo will adhere to the "five-chain linkage" of industrial chain, innovation chain, talent chain, policy chain, and factor chain, and strive to become a global influential leading city and industrial highland in new material innovation, and build and form a "new material industry" brand for Ningbo.

According to reports, new materials are the cornerstone of a new round of technological revolution and industrial transformation. As one of the first batch of 7 national high-tech industrial bases for the new material industry, Ningbo has vigorously developed the new material industry in recent years, and has continued to increase its efforts in R&D and application in the fields of new chemical materials, metal alloy materials, rare earth magnetic materials, functional film materials and graphene materials. The scale of the new material industry is leading in China.

Read more: 5-year plan for the development of new...

The fourth top coffee seller Doncafe entered into China’s market

“There are two coffee beans, with greatly commercial value, planted in large quantities in the world, namely the Arabica bean and the Robusta bean. Serbian coffee boasts various flavors, strong floral and fruity aroma and appropriate complementarity of acidity, bitterness and sweetness ...”

On August 5, a special tasting event was held in the permanent pavilion of products from Central and Eastern European countries. As the fourth largest coffee brand in the world, Doncafe from Serbia made its way to China. This is the first CEE coffee brand entering the Chinese market, debuting at the 2nd China-CEE Expo in June this year and considering Ningbo as a “bridgehead" for future development in China.

Read more: The fourth top coffee seller Doncafe...

f t g m