Copyright 2017 - Custom text here

Ningbo and Zhejiang business people back for city development

Each generation has something valuable to offer. Over recent years, hosts of Ningbo and Zhejiang business people come back for the transformation and upgrade of Ningbo economy in projects at an extended scale ranging from investment and trade to public welfare. Their return injects new spirit into the “Famous city” construction.

The data shows, over the last 5 years, the total projects reached 1,663 with an actual capital of 218.06 billion yuan, up by 26.1% than last year, coming the first in Zhejiang Province, which also promoted an investment growth of 89.34 billion yuan from other resources, taking up 24.6% of the total investment in Ningbo. Their return boosted the tax revenue; the total tax revenue reached 44.92 billion yuan.

Ningbo and Zhejiang businesspeople always play a significant role in Ningbo’s development. There is a growing number of them coming to and settling in Ningbo because of the enhancement of major project promotion mechanism, of the investment environment and of the upgrade of government services. Government has participated in 800 projects over the last 5 years and customer satisfaction of the government administrative approval services reached 100%

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