Copyright 2017 - Custom text here

The 6th China Innovation & Entrepreneurship Competition(Ningbo) Launched

According to Ningbo Municipal Bureau of Science and Technology, the 6th China Innovation & Entrepreneurship Competition(Ningbo) has started.

China Innovation & Entrepreneurship Competition is one of the top innovation and entrepreneurship competitions with the largest number of participants in China. Having been held in Ningbo for five times, the competition has played an important role in promoting the city image of Ningbo. According to statistics, Ningbo enterprises and groups that have participated in the competition have received total investments of 940 million yuan. 

Organized by the Municipal Science and Technology Bureau, the competition has three rounds including preliminary, semi-final and final. Each of the top 20 enterprises elected will receive an award of 30,000 to 500,000 yuan and get access to the national Final competition. These enterprises will be provided with a credit line of 50 million yuan and angel investment funds of 200 million yuan by the organizing committee of the competition. 

During the intervals of the competition, a variety of activities will be held, one-on-one tutor consultations, roadshows, brainstorming, investment negotiations and training included. Eligible companies can register for the competition on the official website of China Innovation and Entrepreneurship Competition (www.cxcyds.com) from May 1 to May 31.

ENGIE becomes the first enterprise of the Fortune Global 500 to bring its project to Zhenhai

On the afternoon of 18th, The French group, ENGIE declared to contribute 350 billion RMB to buying 25% of the stock shares of Unisun. It is the first foreign enterprise in Fortune Global 500 firms that has ever invested in Ningbo. In addition, it also signed the first foreign-invested energy project with Ningbo. 

The major businesses in Unisun are the research and development, investment, construction and operation and maintenance of the photovoltaic power station with a result of 300 megawatt in nearly 3 years. when the founder, He Yisha, who was born and brought up in Zhenhai District, was inspired by the favorable investment environment, innovating atmosphere and all-rounded, one-stop services, she made up her mind to relocate the headquarters in Zhenhai District, which becomes a typical example for boosting local economy and maximizing the land use in Zhejiang Province.

The electricity, natural gas and energy service of the French group, ENGIE are world-leading. After the transaction, the newly-invested company is planning to inject over 30 billion RMB to its services and products. By 2020, it will have developed the project of photovoltaic power station over 4000 megawatt and have expanded the businesses to the fields relevant to the renewable energy resources such as stored energy and intelligence micro grid.

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Ningbo Enterprises Recruiting Overseas Talents

On the morning of Apr.15th, Mao Zhengping, HR manager of Ningbo Huayi Ningchuang Intelligent Technology Co., Ltd rushed to Ningbo Talent Building, desiring to add more fresh blood with foreign study experience to her company from 2017 Overseas Students Job Fair.

With the advance of talent and innovation strategies in Ningbo, the demand for talented returnees in such fields as finance, commerce, education, electronic information and intelligent manufacturing is rising day by day. At the same time, returnees are becoming more willing to work in Ningbo. In recent years, Ningbo receives an average of 2000-odd applications for education certification per year. In this job fair, 630 talents were sought to fill 220 vacancies by SOEs, private listed companies, foreign-invested companies and institutions of higher learning in Ningbo and neighboring cities.   

It is known that most of the vacancies pertain to jobs like software/hardware engineers, overseas project managers, foreign trade salespersons and bilingual teachers with an average salary of 100 thousand to 250 thousand. Organizations including Ningbo Institute of IT Application, CAS, Joyson Group, Teams International offers jobs with a salary of 400 thousand, requiring mainly master

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High-End Automobile Brand “LYNK” Launched by Geely

On the evening of April 16th, Geely’S LYNK & CO, a high-end automobile brand, held new product release conference at Shanghai West Bund Art Centre. An Huicong, president and CEO of geely, revealed the Chinese name of LYNK & CO to the public for the first time. The conference is known to be its first product release in China after its establishment in Berlin, Germany on last year’s October 20. During the conference, the company presented its concept car LYNK & CO 03 for the first time along with its LYNK & CO 01.

According to Alain Visser, vice president of the company, LYNK cars will be produced in Volvo’s manufacturing bases in China with the same quality standard as Volvo. At the end of April of last year, costing 13 billion yuan, a project of middle and high end cargos with an annual production capability of 300 thousand cars was launched by Geely in Hangzhou Bay New Zone. Management committee of Hanghzou Bay Zone said LYNK B would roll off the production line in 2018. And LYNK Sales Company has been set up recently.

In the middle of February 2017, officials of Geely Yuyao Project attended the opening ceremony of major projects of Yuyao. Covering an area of 80 hectares, the project was aimed to produce 300 thousand vehicles. With an estimated investment of 5.5 billion yuan, the project will last about 30 months. In addition, Geely is seeking opportunity for new projects in Ningbo and base its factories here

Spring session of 15th CHFE rounded off

The four-day spring session of the 15th China International Housing & Furnishing Expo came to an end at Ningbo International Conference and Exhibition Center on April 10. According to the statistics of the organizing committee, the expo received over 30,000 professional purchasers and over 100 trade teams or groups from 28 provinces, municipalities or autonomous regions, as well as over 100,000 customers for visit or purchase. The expo has finally led to a total industrial volume of 4.2 billion yuan for contracts or intent contracts. 

Reportedly, over 70% of the booths of the summer session of the 2017 CHFE have been ordered. The summer session will be held at Ningbo International Conference & Exhibition Center from July 7 to 10, with 2200 exhibition booths

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