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Ningbo Newsletter 6th August 2012

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We have more news about Ningbo now. regular updates about What is Happening in Ningbo now on the NingboLife.com  Site....... watch it.

 

By DAVID WU
This Tuesday the 07th of August 2012 The Weekly COIC Expat Dinner is at Shangri-La Hotel (Buffet Area)
The dinner it is open for all Expats, Chinese friends, and all COIC Members Starting from 07.00 PM
88 Yuyuan Road, Jiangdong District, Ningbo,Buffet Area: we have a special place reserved for COIC Weekly Expat Dinner
Special price including soft drinks and beers 160 RMB / Person

Singaporean National Day

 
singapore_day_2012 (2)

BBQ for the Singaporean NAtional Day in Ningbo. Singapore Day is a signature event to engage Overseas Singaporeans and their families. It is organised by the Overseas Singaporean Unit under the Prime Minister’s Office. It is held in cities with a significant community of Overseas Singaporeans. The three key components of Singapore Day are showcase, food and [...]

 
Full Story »


Ningbo Bank ranks No.1

On August 3, China Bankers Forum & 2012 Release Conference for China Commercial Bank Competitiveness Evaluation Report was held in Ningbo Shangri-La Hotel. It is learned that ICBC ranks No.1 in all the commercial banks in China in terms of core competitiveness and CCB and BOC rank No.2. While among the comprehensive ranking of all city commercial banks with the assets of over 100 billion yuan in China, Ningbo Bank ranks No.1.

The 2012 competitiveness evaluation report for China commercial banks shows that in the last year, the assets of commercial banks in China reached a record-high 113.3 trillion yuan, up by 18.9% (more than twice of the increase of GDP) over the previous year. The net profit of domestic banking reached 1.25 trillion yuan, an increase of 39.3% compared with the previous year. The net profit of China banking industry in 2011 accounts for 29.3% of that of the global banking industry. Apart from the large commercial banks, over 140 city commercial banks realized a net profit of hundreds of millions yuan.

However, a series of economic changes and structural adjustment of financial system have threatened the outstanding profit capacity of the domestic banking industry. Since the beginning of this year, the increase rate of the domestic banking industry has been on the decline. Presumably, the trend will be more evident in the following years. Besides the impact of the deterioration of the international financial environment and the operating problems of the whole banking industry, the profound revolution of the domestic financial system based on the marketization of interest rates will force the banking industry to change its operating patterns, especially the profit patterns.

Read more...

 

Ningbo enterprises developing their global network

Since the beginning of this year, despite the grim background of the slowdown of the major economies such as the eurozone, and the decrease of external demands, foreign trade enterprises in Ningbo have continued to speed up their global network development, to shorten the trade chains and to control the export channels. According to the latest statistics from Ningbo Foreign Trade and Economic Cooperation Bureau, in the first half of this year, 87 overseas trade offices for foreign trade enterprises were approved, in 17 countries including the United Arab Emirates, the United States, Germany and Nigeria and such regions as Hong Kong and Taiwan. By the end of June, there had been 1546 approved overseas enterprises and agencies with a total investment of $3.49 billion. Among them, there are 1159 overseas marketing outlets in 97 countries and regions.

According to Ding Haibin, Deputy Director of Ningbo Foreign Trade and Economic Cooperation Bureau, to speed up the establishment of overseas direct-sales enterprises and agencies is an effective measure of coping with the current grim foreign trade situation. The related foreign trade departments will release some supporting measures to promote the global layout of some powerful foreign trade enterprises and enable them to change from simple sales promotion to in-depth marketing, thus making contributions to the steady increase of exports of this year.

 

Grape Festival launched in Linshan

The Grape Festival in Linshan, Yuyao was launched on August 1. Dozens of photographers from Yuyao and visitors from the Changjiang River delta area became the first group of people to pick the grapes. The launch of the festival also symbolized the beginning of the cultural tour of the ancient town——Linshan.

Linshan has long been crowned as a place for growing grapes with thousands years of history. As early as in the Ming Dynasty, the record says that Linshan grew grapes then, and till now, there are 38 varieties of grapes grown on fields of 12,000 mu in area. The total revenue of last year amounted to 280 mln yuan.

It is learned that during the one-month festival, a series of activities will be held, including photographing contest, calligraphy writing competition, blind-dating etc.

 

Ningbo Shopping Festival ushers in a "micro-blog marketing" boom.

"Ningbo Shopping Festival is overwhelmed by crowds of people". "Today is Ningbo Shopping Festival, and everyone is shopping." Big discount and rich activities help gather a large number of people for this festival. Online shopping is also awesome, people showing off their "spoils of war" on the micro-blog and adding a dash of color to the festival.

The 2012 Ningbo Shopping Festival is the sixth one, which according to some careful netizens is slightly different from the previous ones. The organizer specially opened its official micro- blog to interact with netizens. On the eve of the festival, cartoon version of "Search", demonstrating culture ingredients of Haishu District, was micro-blogged as image film and forwarded by nearly 10,000 times, successfully making a good publicity with a large number of people attracted in a short period of time.

Low-cost or even zero-cost "micro-blog marketing" has been resorted to by many sellers as an efficient way of selling. During the festival, Intime, D.phone, and many other businesses release the latest information about discount and activity through micro-blog. In order to attract netizen, Intime also holds "fans festival" and provide special service for "the fans". Some can even have the luck to win big prizes.

"Micro-blog, featuring a fast speed of spreading and huge impact on the public, can form a good reputation and can sometimes reap unexpected results through independent forwarding by netizens." Said an insider, "using micro-blog to publicize Shopping Festival is a good start, and Haishu District will continue marketing in this way to elevate the popularity and influence of the Festival, enhance the interaction with netizen, and attract more people to join in, making the Shopping Festival a festival for all.

It is reported that, during the festival, the organizer also held a photography competition, named
"Recording My Own Shopping Festival". Citizens can record whatever seen or heard by complete photos or videos and send to a fixed e-mail box or "@" Ningbo Shopping Festival Official Micro-blog

 

In the film Association, said Zhejiang, the court trying to network judicial auction is illegal

source 2012-8-7 11:46:10 The Beijing News
  Zhejiang court system to try to network judicial auction on Taobao, lead to two different interpretations. Supporters argue that the traditional judicial auctioncommission is too high, the network auction, and the commission is zero, a way for the reform of judicial auction.
  Auction industry practitioners, the film co-expressed opposition, that the law requires judicial auction must be conducted by the auction company, the Court of online auction behavior is to take the lead offense.
  July 9, the first Taobao network judicial auction so far, its rise to the controversy continues.
  August 3 and 6, the the Taobao judicial auction channel sub-two hung out four cars.
  Following since July 9 for the first time the network judicial auction, the second network judicial Zhejiang Court held in Taobao auction, no auction companies to participate. Before and after the two auctions is Ningbo Beilun district court and Yinzhou District Court.
  See the auction announcement, the Secretary-General of the auction industry associations in Zhejiang Province Wang Litian mood heavy. Nearly a month ago, Zhejiang Province, beat Association sent a letter to the Zhejiang Provincial High Court, and failed to resist the network judicial auction.
  Judicial sale online
  Been established since the 1998 judicial auction system and specifically commissioned the auction principle has been maintained so far. Now, Zhejiang local court to try to break this situation
  At 10 o'clock on July 9th, Zhejiang Court auction held on Taobao for the first time.
  Ningbo Beilun court auction "Baby" is a black the BMW WBAHN730 car, license plate number for the Zhejiang B8M189. After qualification Taobao users can participate in the auction.
  Usually on the Internet "Amoy baby", the judicial auction need to pay deposit. The Beilun court auction BMW assess the price of 250,800 yuan, a starting price of 199,900 yuan, 50,000 yuan deposit. Taobao set the rate of increase for at least $ 1,000.
  The online auction began 10 seconds after someone bids 200 900.
  9 seconds after the fare increase of 2000 yuan.
  8 seconds after the fare increase.

Read more...

 

Derailed boss of the old lover to reclaim 2.4 million yuan to support the charges be dismissed

source 2012-8-7 11:15:26 South East Business News

Comic Ren Shanwei
  Ningbo, a boss of a successful career for a period not forget old friends and former lovers, both derailed, they support fee of 2.4 million yuan, in court.
  The money whether it is a marriage dowry, or wishful thinking of a gift? Recently, Haishu court after trial, dismissed the man's request.
  Both reignite unexpectedly person financial
  Man named Kim, 35, is a company boss.
  16 years ago, Kim met a girl Lin, but in the end due to the objections of both parents without hospice. Three years later, both men have their own marriage and the family will no longer have contact with.
  Nine years later, in a friend's party, the two accidents meet exceptionally pleasant surprise. Kim has been a successful career, and the woman did not work, the husband is low income.
  Lin still cherish the old friends of Kim put her to recruit companies within any cashier --- Lin has no financial management related qualification.
  Later, they reignite feelings of rapid warming. Kim said, when both sides were even deliberations, each with their spouses divorce, and then the formation of new families continued leading edge.
  Kim said that five years from 2005 to 2009, he gave Lin 20 million annually as the cost of living, Lin money to buy a car, but also bought a single apartment.
  Since 2010, he successively to Lin 142 million yuan, Lin bought a house in Jiangbei. "This house, I originally was intended as both the future of the marriage room."
  In February of this year, he abandoned in accordance with the deliberations of the first wife and son, and asked Lin to fulfill his promise, and the current husband divorce. Surprisingly, Lin refused. The next month, Lin resigned and left his company.
  Seeing both life and wealth gold a angry under at the end of May this year, Lin reported to the court Haishu and asked her to put a few years to come and collect the money totaling more than 240 foolproof to come back.
  Painstakingly built up accused of "wishful thinking"
  The same experience, Lin mouth to speak out, but it is another version.
  Lin recognition of his work in a company of gold, and that had Kim recruiting her, when there is bad intentions. Later she and her husband do exist improper "The Lover".
  Lin said, but she has a daughter, never thought to divorce her husband, never promised marriage and Kim. Together to form a new family, but Kim's wishful thinking, "I did not think he actually will write for me a divorce petition and asked me to go to divorce."
  $ 200,000 per year for living expenses, Lin denied having received. "He really big spenders, I bought a watch, LV bags, mink coat, digital products, but also to accompany me to the Hong Kong Tourism, and indeed called me several times the money, but only party at hand tension between the two the other funds provided by lending the funds is not a one-way, I have played several times the money to give him the number 200000-400000, bank transfer certificate as evidence. "
  Lin admitted that the round trip is offset, in general, or gold to her more than "but this is his voluntary gift, how can they have to go back to the truth?"
  Kim mentioned a single apartment and the marriage room, Lin is so explained: "single apartment of my own to raise money to buy, prices rose to make a profit, to raise money to buy a house, the so-called ' marriage room ', but he was wishful thinking. "
  Speaking of Kim for their own things and wife divorce, Lin dismissive, "I heard a month later the two remarried.

 

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