Entrepreneurship competition held

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Category: Ningbo Business

Published: Tuesday, 01 June 2021 12:58

On the evening of May 29, an overseas entrepreneurship competition across time zones and oceans for high-level talents was held. Ten overseas high-level entrepreneurship and innovation talent projects from Canada, the United States, the United Kingdom and other countries and regions came to compete on the same stage in the Haishu District of Ningbo.
According to a person in charge of the Human Resources and Social Security Department of Haishu District, in 2020, together with PhDsNetwork of Canada, the district set up a Canadian offshore incubator and an overseas industry research institute in Ningbo. With Montreal of Canada as a pilot city, the organization aims to provide a good entrepreneurial environment and close entrepreneurial support for entrepreneurial talents from Canada. In August 2020, the overseas entrepreneurship competition for high-level talents was launched. In the preliminary stage, 410 high-level talents from all over the world signed up for the competition, and 82 candidate projects covered various emerging industries and high-end service industries. Finally, 10 high-quality entrepreneurial and innovative talent projects  entered the finals, including the technology and its industrialization of new low torque super-soft yarn, the children's healthy diet application platform based on artificial intelligence, and leukocyte patch for chronic wound treatment.

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Ningbo will form a CEE Commodity Purchasing Alliance

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Category: Ningbo Business

Published: Tuesday, 01 June 2021 12:53

The mellow taste of Polish Milk, the fragrant Bulgarian rose water, the romantic and clear Czech crystal... With the increasing business exchanges between Ningbo and CEEC, Ningbo locals are not unfamiliar to these Central and Eastern European imports. What good products and good news will the second China-CEEC Expo bring to us?

It is learned that, as the host of the Expo, Ningbo plans to fully expand imports from Central and Eastern European countries in the next five years and establish a Central and Eastern European Commodity Purchasing Alliance to build Ningbo into a bridge and window for Central and Eastern European products to enter the domestic market.

The function of this alliance is not just to organize a group to shop in Central and Eastern Europe.

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Two-thirds of Ningbo's "Four-Up" Enterprises Have IT Personnel

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Category: Ningbo Business

Published: Tuesday, 01 June 2021 12:54

In recent years, the degree of informatization of Ningbo enterprises has been increasing. The picture shows the intelligent workshop of a private enterprise in Haishu District. (Photo by Xu Zhanxin

According to the latest preliminary statistics of informatization, among the 19984 “Four Tops” enterprises in our city, 13,314 companies have IT personnel, accounting for 66.6% of all “Four Tops” companies.

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Cixi sees closer trade ties with CEEC

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Category: Ningbo Business

Published: Tuesday, 01 June 2021 12:47

Cixi, a county-level city in Ningbo, Zhejiang province, has seen increasingly closer trade links with Central and Eastern European countries (CEEC) in recent years.

In the first four months of this year, Cixi's trade volume with CEEC surpassed 1.3 billion yuan ($200 million). Specifically, imports surged 48.3 percent year-on-year to 124 million yuan, while exports amounted to 1.206 billion yuan, up 20.36 percent year-on-year.

Numerous local private companies have benefited from closer China-CEEC ties under the Belt and Road Initiative. One such example is Ningbo Careline Electric Appliance Co Ltd. The company's exports of air fryers to Hungry and the Czech Republic achieved triple growth from January to April.

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