Large investment accelerates trade upgrading in Fenghua County

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Category: Ningbo District

Published: Monday, 13 May 2013 10:05

Since the beginning of 2013, the trade development in Fenghua County has retained a strong momentum, with a total investment of 16.3 billion yuan in 36 planning or under-construction trade projects including a number of well-known domestic and foreign trade complexes 
In the first quarter of this year, the total retail sales of consumer goods in Fenghua County stood at 2.877 billion yuan, an increase of 16.3%, the largest growth in Ningo. "It is the central part of our goal of ‘quality town construction’ to enable residents as well as tourists to enjoy services of various levels. It is essential to the regional economic development and to the people’s wishes." said a government leader from Fenghua County. 
In recent years, by introducing big business magnates into the existing business circle and developing new business circles with the layout of characteristic industries, the county has achived an integrated improvement of the regional business and trade productivity. In particular, the introduction of some landmark trading projects has greatly promoted the upgrading and improvement of the trade industry. So far, a pattern of business and commerce based on the business landmarks has been formed in Fenghua County. The central commerce district consists of three core commercial areas like Huizheng Road, Jinzhong Square and North Town Area, including a dozen large business complexes such as the Intime City (Fenghua), Guangyuan Wealth Center and the Fenghua Times Square. "The development of commercial construction directly leads to the return of the outward consumption, due to the improvement of the business functions and upgrading of the business standard." said an official from Fenghua Bureau of Commerce.

Beilun Technological Upgrading Powers Growth

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Category: Ningbo District

Published: Monday, 06 May 2013 10:49

Beilun invests 4.97 billion Yuan in oversized industry in the first quarter of 2013, up 71% over the same period last year. Investment in technological upgrading reaches 3.8 billion Yuan, up 85.9% over the same period last year which accounts 76% of the total. The growth and absolute value ranks first in Ningbo.

As one of the 20 strongest industrial pilot counties (cities, areas), Beilun maintains a rapid growth in its investment for technological upgrading. Last year, the investment exceeded 10 billion Yuan for the first time, ranking first in Ningbo. This year, Beilun formulates comprehensive industry policies to guide and encourage enterprises to transform and upgrade the traditional industries.

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Ningbo Maritime Court trumpets F Elephant sale

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Category: Ningbo District

Published: Thursday, 09 May 2013 08:21

Shanghai: The vessel F Elephant linked to TMT will be sold for public auction by Ningbo Maritime Court again after the first auction failed on 6 May.

The ship is open for potential buyers to board and check till 15 May, and the public auction will be held on 16 May at Ningbo Maritime Court. According to the court notice released yesterday, each buyer must submit a RMB5m downpayment to the auction committee before bidding starts. [08/05/13]

Smart industry gaining momentum in Cixi

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Category: Ningbo District

Published: Monday, 06 May 2013 10:47

Over years’ accumulation and development, the smart industry in Cixi has entered its “golden age”——the mature back-stage management, a series of application products and a set of terminal equipment, making the smart industry enter into the market.
The cooperation between government and enterprises has achieved good result.
At present, the software service industry has topped 2.1 billion yuan. Recently, the information industry has grown in a steady way.
The smart enterprises lead the information industry.
The leading enterprises positively develop the information industry and establish the service platform.
More and more enterprises in the first generation electric information industry begin to show their strengths in the market. Totally 66 enterprises in electronic information (household appliance not included) in the whole years have invested in the project transformation.
In addition, Cixi has emerged competitive enterprises capable of being the e-business pilots, greatly enhancing the smart trade service and improving the exploration of the e-business model.
The industrial environment enhances the development of information industry.
At present, the Cixi Productivity Center is acknowledged as the software incubator in Ningbo, becoming the first approved software base, home of 14 software enterprises.
Owing to the industrial environment has been improved, many enterprises outside of Ningbo have entered.
In the cooperation with research institutes, Cixi is positively widening its cooperation through the platform of the cooperation of enterprises, universities and institutes.