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32nd Ningbo Auto Expo held

The 32nd Ningbo Auto Expo, as well as the smart, internet and new-energy auto show, was kicked off at Ningbo International Conference and Exhibition Center on August 22. This year’s expo will last for five days, and there will be the special exhibition halls for luxury cars and new-energy cars, and some new cars will be released on site.

Having been held for 31 sessions previously, Ningbo Auto Expo has become an important auto show in East China, as well as a wind vane for the auto market of Ningbo. The expo will attract all the popular brands in the current market and many brands will exhibit on the all-series basis.

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“Dabashou” waste recycling cabinets well received in Ningbo

“This is the 950th community where we install our ‘dabashou’ waste recycling cabinets in Ningbo”, said the BD Director of Ningbo Supply and Demand Renewable Resources Technology Co. Ltd. Since December 2018, when the company started to install the waste recycling cabinets in Yinzhou District, the use of the products have expanded to Haishu District, Jiangbei District, Beilun District and Zhenhai District.

As is planned, the “dabashou” waste recycling cabinets will be installed in 2,000 communities by the end of this year, and then in 2020, they will be installed to about 5,000 communities, thus covering all the districts and counties of Ningbo. By linking the four steps of collecting, delivery, sorting and reusing, the “dabashou” system has become a complete recycling eco-system for renewable resources.

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First “state-owned enterprise + private enterprise” model park starts operation

On August 12, International Trade Silicon Valley (Ningbo) Park Management Co., Ltd. officially opened. It is learned that this is the first park operation company jointly established by state-owned enterprises and private enterprises.

"The official operation of the park marks a new breakthrough in the reform of mixed ownership of state-owned enterprises in Ningbo," said the relevant person in charge of the Municipal State-owned Assets Supervision and Administration Commission.

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Ningbo's foreign trade in July increased by 20.3%

On August 12, Ningbo Customs announced the statistics of the city's foreign trade from January to July. Under the complicated environment of continuous escalation of trade friction, Ningbo's foreign trade has “gone against the wind”, achieving a total import and export volume of 521.33 billion yuan, a year-on-year increase of 9.4%!

In the total import and export volume from January to July 2019, imports were 181.09 billion yuan, an increase of 5.9%, and exports were 340.24 billion yuan, an increase of 11.4%. It is worth mentioning that, as for the data for the month of July, it is a year-on-year increase of 20.3%! This was hard to come by in the context of the “seeking more export” in the same period in 2018.

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Ningbo’s foreign trade blooms in first half of the year

“In the first half of this year, the growth rate of Ningbo’s foreign trade is higher than both the national and provincial averages.” said a person in charge from the Foreign Trade Department of Ningbo Commercial Bureau. Despite the complicated and gloomy foreign trade environment,Ningbohas maintained a steady growth in the first six months of this year.

According to the statistics from Ningbo Customs, in the first half of 2019, the total import and export volume ofNingboreached 432.72 billion yuan, up by 7.4% over the same period of last year, accounting for 2.95% of the national total. To be specific, the export volume stood at 277.88 billion yuan, up by 8.0%, accounting for 3.49% of the national total, while the import volume stood at 154.85 billion yuan, up by 6.5%. The growth rates of import and export volume, export volume and import volume are higher than the national averages by 3.5 percentage points, 1.9 percentage points and 5.1 percentage points respectively, and higher than the provincial averages by 1.7 percentage points, 1.4 percentage points and 3.2 percentage points respectively.

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