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Ningbo Newsletter 17th 10-2011

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Publicity Month for Unity and Progress of Ethnic Groups launched

Publicity Month for Unity and Progress of Ethnic Groups launched

On October 12, the launching ceremony of the "Publicity Month for Unity and Progress of Ethnic Groups", which is jointly sponsored by Ningbo Publicity Department, Ningbo United Front Work Department and Ningbo Ethnic and Religious Affairs Office, was held in Tianyi Square.

Young pioneer drum band paraded

A drum band parade is held in Haishu District for the celebration of the 62nd anniversary of the foundation of Chinese Young Pioneers Squadron

Ningbo volunteers serving the 8th National Para Games

The setting-out ceremony for volunteers to the 8th National Para Games was held on October 9 on the campus of Ningbo University.

Ningbo ranks No. 6 in the Forbes list of "2011 Best Cities for Business"

The Forbes list of "2011 Best Cities for Business in the mainland China" was released on October 10. Thanks to its "six-quickening" policy and its advantage in private economy and port logistics, Ningbo ranks No. 6 in the list, up by 2 places over the last year. As is known, this is the 8th successive time for Ningbo to rank among the top 10 in the list.

The list is produced by Forbes China, the Chinese version of Forbes, one of the world famous finance media. The top ten of the best cities for business include Guangzhou, Shenzhen, Hangzhou, Shanghai, Nanjing, Ningbo, Wuxi, Suzhou, Beijing and Tianjin.

According to an official from Development Research Center of Ningbo Government, the better position for Ningbo in the list is due to the enhancement of its capacity of both passengers and freight transporting. Among the 654 cities included, Ningbo ranks No. 8 in passenger transporting index and No. 5 in freight transporting index. In addition, faced with the great challenge of scientific and technological innovation and information trade, Ningbo is making every endeavor to build a "smart city". This emphasis on smart development inevitably helps enterprises to cut their operating costs, which leads to the city's rise in place in the list.

It can be found that Yuyao and Cixi , the two county-level cities, are also listed among the top 100 Best Cities for Business, with the places of No. 67 and No. 76 respectively

Cloud computing construction making significant progress

It is learnt from the Ningbo Branch of China Telecom that after 5 months' intensive construction, the standard computer room for the IDC, located in the Zhuangshi Street in Zhenhai District, is now ready for operation. It aims at providing such services as host administration, virtual host, IDC value-added service and application outsourcing for international enterprises, large enterprises, and governments and financial institutes with special demand for data security. It is said that the investment in the IDC, with an area of 1700 square meters, a scale of 500 frames and an outlet bandwidth of 80G, amounted to 73.65 million yuan.

"This year, the branch has invested over 200 million yuan in the construction of the IDC and increased the outlet bandwidth by 200G, making Ningbo the important supplement for the provincial and national data centers." said the official in charge of Ningbo Telecom. The newly built IDC will enhance its services for cloud computing by providing more value-added services such as the statistical analysis of flow rate and the application system, the backup and recovery of data and network security. It will also strengthen its cloud computing construction in terms of the network management, user authentication and accounting, large capacity storage equipment and network security.

Turnover and price fell for second-hand housing

Statistics from Ningbo Committee of Housing and Rural-urban Development shows that in September, the transaction areas of new commercial housing and second-hand housing in the downtown area are 110,000 square meters and 60,000 square meters respectively. The total area remains almost the same as that of August, and this is the smallest figure since 2008.

As September is the traditional selling season for houses, the newly released housing estates prevailed over the 6 districts of Ningbo. There are 16 new housing estates available in the web, of which 11 estates are for residence. Most estates provide a number of small and medium-sized houses to satisfy the basic need of potential house buyers.

Greatly affected by the wait-and-see sentiments, the market didn't see a big turnover even with the existence of those new housing estates. According to the statistics from the real-time record system of commercial housing, by the end of September, the residence housing had reached 21127 sets, up by 2391 sets compared with the last month. The total area of the housing reached 3 million square meters, increasing by 370,000 square meters over the last month. And the average area per house reached 142.1 square meters, an increase of 1.77 square meters over the last month, reaching a historical high.

The turnover of the second-hand housing in the 6 districts of Ningbo has decreased for five successive months. The turnover of September stood at 671 sets, down by 81 sets over last month. The average area per house is 85.4 square meters and the average price is 727,300 yuan.

Judged from the statistics of the last few months, the price of the second-hand housing is decreasing with speed. In August, the average area per house is 84.95 square meters, with the average price of 839,300 yuan. While in July and June, the average areas are 80.96 square meters and 93.24 square meters respectively, and the average prices 899,800 yuan and 932,400 yuan respectively. According to Shi Jianyi, Ningbo Regional Director of 21st Century Real Estate Agency, it is very hard to close a deal if the seller is unwilling to reduce the price by 20 to 30%.

According to the statistics from Ningbo Committee of Housing and Rural-urban Development, in the first nine months of this year, the total area of the housing transacted is 2.02 million square meters, down 28.6% over the same period last year. Specifically speaking, the total area of new housing is 1.29 million square meters, down 9.5% over the same period last year, and that of second-hand housing 730,000 square meters, down 47.6% over the same period last year.

In terms of the trend on a monthly basis, the turnover of January recovered greatly with a total area of 530,000 square meters. However, with the release of the No.1 document (2011) of the General Office of the State Council, the turnover has declined continuously since February, and the average area of housing has been lower than 250,000 square meters per month, with second-hand housing area less than 100,000 square meters and new commercial housing area less than 150,000 square meters per month.

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