Copyright 2017 - Custom text here

Ningbo develops both domestic trade and foreign trade

The 3rd CEEC Expo will be held in Ningbo in June, 2017, marking Ningbo's status as the first choice for the CEEC products entering Chinese market. During the "Double 11 Shopping Festival" this year, the estimated cross-border e-commerce orders will exceed six million. Since the beginning of this year, Ningbo has been developing both its domestic trade and the foreign trade. According to the latest statistics from Ningbo Commission of Commerce, in the first three quarters this year, Ningbo achieved a total social consumption retail volume of 258.25 billion yuan, up by 10.4% over the same period of last year, with the import and export volume of 453.29 billion yuan, down by 0.6%.

At the beginning of this year, the commission decided to focus on the integrated development of domestic trade and foreign trade, and the addressing of such problems as poor consumption structure, low value chain potential and week resource allocation capacity. By taking advantage of the booming of online overseas shopping, a lot of foreign trade enterprises have actively changed their marketing strategies and turned their eyes back to the domestic market.

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Public service platform for commercial SMEs goes online

Recently, the public service platform for the small and medium commercial enterprises in Ningbo has been launched online.

As is reported, the platform, with the service center for the small and medium commercial enterprises as the construction and operation basis, has attracted over 30 professional service organizations and industrial societies to provide for the commercial SMEs the information enquiry service, financing service, market expansion service, social intermediary service, technological application service, management improving service, guidance service for commercial clusters and industrial society service

72 Ningbo Enterprises on the 2016 Forest Fair

The ceremony of the 9th China Yiwu International Forest Products Fair (Forest Fair for short) was held on November 1. Seventy-two enterprises of Ningbo joined the exhibition with their featured products, such as the exquisite bamboo root carving works, fresh gingers from Ninghai and flower tea with three flavors, of which several kinds of Ningbo High quality tea were widely received for their unique fragrance and taste.

With a theme of “Green Innovation, Mutual Development”, the Forest Fair attracted 1,595 enterprises at home and abroad in total. Seventy-two enterprises in Ningbo joined the fair, whose exhibition has the largest scale so far, covering eight categories of exhibits: wood-building materials, furniture, bamboo and wooden crafts, wooden daily necessities, forest food, tea, forestry science and technology and floriculture products.

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Ningbo makes great achievements at Yiwu International Forest Products Fair

At the recently ended 9th Yiwu International Forest Products Fair, enterprises from Ningbo achieved a total on-site agreement volume of 5.06 million yuan and an intentional agreement volume fo 8.67 million yuan. In addition, 21 products from 21 enterprises were given the golden awards for quality forest products.

This year's fair, with the theme of "green products, sharing development", is sponsored by the State Forestry Bureau and Zhejiang Provincial Government. 72 enterprises from Ningbo attended the fair

Ningbo's cultural foreign trade blooms

According to the economic statistics of the first three quarters issued by Ningbo Statistics Bureau, Ningbo realized a cultural trade volume of 9.595 billion yuan, up by 2.6% over the same period of last year. In recent years, in addition to product export, Ningbo's culture trade has made efforts to expand the overseas market by exporting cultural contents and conducting overseas acquisition.

Over the past few years, the government and the municipal party committee have attached great importance to the cultural trade work by making it the starting point for optimizing the foreign trade structure and promoting economic transformation. The supporting policies and funds have helped the outbound cultural enterprises to grow. A large number of leading cultural exporters have been cultivated, including the Dafeng Industry, Guangbo Group, Helen Piano, Soundking Group and Xuanyi Network, whose export volume accounts for about 65% over the core cultural product and service export volume of the whole city, serving as an important force for the cultural foreign trade in Ningbo. From 2015 to 2016, nine enterprises of Ningbo were included in the national list of the key cultural exporters, accounting for one third of the total in Zhejiang Province, and four were identified as the provincial key cultural exporters. Plus, 17 enterprises are selected as the key cultural exporters at the municipal level this year.

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