Copyright 2024 - Ningbo Life / Ningbo Expat

Large-scale aviation industrial park expected to settle in Ningbo

On the morning of November 28, Vice-mayor Wang Renzhou met the Singapore High-tech Association delegation in Shangri-la Hotel. The delegation has come to make inspections as to whether Ningbo is a suitable location for the Singapore companies to develop the aviation industry and settle down in China. After the inspection, it has signed the cooperation memo with Ningbo Foreign Trade and Economic Cooperation Bureau.

With the launching of the low-airspace management reform in 2013, the aviation industry will witness the new opportunities for development. Singapore, Asia's top aerospace and commercial aviation hub, takes the lead in the maintenance and renovation services. Wang Renzhou said that if Ningbo and Singapore can make substantive progress in aviation industry cooperation, they can achieve a win-win situation. Chen Zhongshan, Chairman of Singapore High-tech Association, commented that Ningbo is an ideal location for the aviation industrial park with its unique geographic location and well-established economy.

According to the project planning from the association, it will organize experts and entrepreneurs to serve as the investment party from Singapore. As an all-covering partner, the aviation enterprises from Singapore are willing to provide for the aviation industrial park enquires on such affairs as financial investment, designing, construction, operation and management.

Winter goods export from Ningbo continuing to grow

In the first ten months this year, the air-conditioners exported from Ningbo Port reached 2.045 million sets, up by 37.4% over the same period last year, with a total value of US$410 million, up by 29.3%. The export of electrical blankets reached 5.483 million pieces, up by 40.9%, with a total value of US$71.863 million, up by 73.3%. The export of water boilers for central heating reached 6,365 sets, up by 1.9 times, with a total value of US$1.915 million, three times that of last year. The export of overcoats and winter clothes stood at 47.356 million pieces, down by 26.5% over the same period last year, with a total value of US$510 million, down by 6.3%.

The exports are mainly oriented to the EU, the US and Chile, with US$ 350 million to the EU, down by 23%, US$110 million to the US, up by 36.4% and US$33.089 to Chile, up by 6.3%, respectively.

Registered trademark guarantees products’ quality

Mei Xuejun, a farmer in Yuyao city, no longer need worry about selling out his Jiaobai (wild rice stem) ever since it was labeled the trademark of “Yuyao Jiaobai”. Moreover, its price is also several times higher than other unlabeled ones.  

  Trademark to identify places of origin of agricultural products is only a miniature of the achievements that Ningbo has made in building itself into a trademark demo city. Ningbo’s trademark construction developed rapidly with the national preferential policy in building trademark demo cities. News from Ningbo’s Industrial and Commercial Bureau showed that the total number of Ningbo’s registered trademarks increased by 52.8 percent, among which 7,625 were international ones and ranked the first in Zhejiang province. The number of trademarks to identify places of origin were 21, resulting in relative farmers’ annual income increasing by 30 percent averagely.  

In May, 2010, Ningbo became the first group of demo cities to carry out the trademark strategy. The construction work won great attention from the government. For one thing, all the enterprises enjoy “green channels” in trademark registration cycle, international trademark application, and protection of well-known trademarks. For another thing, the Municipal Party Committee and the government launched ten policies in relevance to the trademark strategy, aiming at promoting companies’ independent innovation, and the trademark building and managing of small and medium - sized and micro enterprises. In addition, all county (town) level governments also carried out many rewarding policies.  

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Jiangbei District accelerating enterprise internationalization

Recently, Ningbo Dairy Group invested nearly 100 million yuan in buying and building the Corinella Ranch in Australia, aiming at enhancing the competitiveness of Ningbo's diary industry by taking advantage of the high-quality overseas ranch resources and cattle resources. Since the beginning of this year, Jiangbei District has approved the investment of 19 enterprises in foreign areas and approved the investment of US$164.51 millions from the Chinese side, covering such areas as trade, services, mining, agriculture, animal husbandry and fisheries. Enterprises in the district developed further in their way of internationalization.

Ningbo is an export-oriented city and a large number of products by enterprises in Jiangbei District are produced for export. In June this year, China National Development and Reform Commission and other related departments issued the "implementation guidance of encouraging and conducting private enterprises to carry out beyond-the-border investment", encouraging enterprises especially private enterprises to "go global". It is at that time that the transformation from "product export" to "beyond-the-border investment" started in Jiangbei District and many enterprises began to diversify their investment objects.

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Zhejiang to strengthen partnership with Singapore

The eighth meeting of the Singapore - Zhejiang Economic and Trade Council (SZETC) was held in Ningbo on Nov. 20, and it is learned that Ningbo is hopeful to embrace more commercial opportunities as Zhejiang plans to strengthen its cooperation with Singapore in marine economy, trade and internationalization, environment protection and port logistics as well as other service industries in 2013. Officials attended the meeting included Gong Zheng, a member of the Provincial Standing Committee, and Fu Haiyan, Minister of the Prime Minister’s Office (PMO) of Singapore. The latter is also the second minister of the Ministry of the Environment and Water Resources and second minister of the Ministry of Foreign Affairs.
The SZETC was formed in 2003 and has played an important role in promoting the bilateral economic and trade cooperation between Singapore and Zhejiang. Singapore has also become an important trade partner of Ningbo. From Jan. to Aug. in 2012, Ningbo’s imports from Singapore stood at 489 mln US dollars, an increase of 72.2 percent over the same period of the previous year. The cooperation increased significantly as Ningbo held the Singapore-China (Ningbo) Import & Export Fair for four consecutive years since 2009. The fair of this year has attracted over 3,000 Singapore purchasers and businessmen, and made a turnover of 40 mln US dollars.

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