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Ningbo's import and export volume increases by 6.4%

According to the statistics from Ningbo Customs, in the first ten months of this year, the total import and export volume of Ningbo reached 755.97 billion yuan, up by 6.4% over the same period of last year. To be specific, the import volume stood at 263.11 billion yuan, up by 3.6%, and the export volume, 492.86 billion yuan, up by 7.9%, with a trade surplus of 229.75 billion yuan.
As the major forces for import and export trade, the private enterprises and foreign-funded enterprises achieved the total import and export volumes of 510.32 billion yuan (up by 10.5% over the same period of last year) and 189.36 billion yuan (down by 0.03%) respectively, and they account for 92.6% of the total. The private enterprises have played a significant role in this aspect. The import and export volume of the private enterprises account for 67.5% of the total, an increase of 2.5 percentage points over the same period of last year.

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First 9610 cross-border e-commerce export channel launched in Ningbo

Recently, the first 77,000 deals of cross-border e-commerce exports were successfully cleared at the post office customs with the code-scanning by the customs staff, and shipped outbound by a third-party logistics company. This marks the successful opening of the 9610 cross-border export business at the China (Ningbo) Cross-border E-commerce Industrial Park located in the Haishu District.
The "9610 business" refers to the new supervision model of the cross-border e-commerce business, starting in February 2014. As the first port equipped with the 9610 tax refund channel, the China (Ningbo) Cross-border E-commerce Industrial Park can now provide services to the whole city and even the surrounding areas. "As the first industrial park as a pilot for the cross-border e-commerce in Ningbo, we started early with a good foundation and complete functions." said a person in charge from the park. Early in October 2016, the park started the post office 9610 business, and now the third-party logistics 9610 business has been launched, realizing the transparent customs clearance, exchange settlement and tax refund.

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The remote review proposed by Ningbo upgraded to an international standard

Recently, the 30th Committee Meeting of the Asia-Pacific Port State Supervision Memorandum of Understanding (Tokyo Memorandum) came to an end in the Marshall Islands. The proposal of the “Port State Supervision Remote Review Guidelines” submitted by the Ningbo Maritime Safety Administration was approved at the meeting. The guidelines will have a one-year trial run in the Asia Pacific region.  

It is learned that the "remote review" mechanism is an innovative template by the Ningbo Maritime Safety Administration to explore and refine and use information technology to effectively carry out post-event supervision.  For the foreign ships, the maritime authority shall conduct port state supervision and inspection according to law, and conduct a round-trip review on the ship defects found during the inspection and must be corrected before departure. After the rectification is in place, the foreign ship may leave the port.

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Ningbo-Indonesia Economic and Trade Cooperation Forum held

The Ningbo-Indonesia Economic and Trade Cooperation Forum, jointly hosted by Ningbo Bureau of Commerce and Indonesian Retailers Association, was held on the afternoon of November 8, as an event to have the exchanges and talks with a marine silk road country.
The representatives from the government departments, industrial associations and trade enterprises of Indonesia introduced the development of the Indonesian retail industry, the sales of Indonesian products in China and related business and capital attracting policies, giving an outline of the cooperated development.
Ningbo has taken actions to conduct the in-depth cooperation with Indonesia. After the long-term inspection and overall assessment, Ningbo Huamao International Trade Co. Ltd. intends to set up a branch office in Indonesia, to open up the market by combining industry and trade. Based on the Memorandum of Cooperation signed with the Indonesian Investment Coordination Committee in 2018, the Ningbo Branch of China Export and Credit Insurance Corporation will improve the credit insurance

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Ningbo session of Zhejiang-Taiwan Cooperation Week to be held

According to Ningbo Office of Taiwan Affairs, the Ningbo session of the 2019 Zhejiang-Taiwan Cooperation Week will begin on September 18. It will attract about 300 scholars or prominent experts of such fields as intelligent manufacturing of Internet of Things, polymers, semi-conductor industry, cultural, creative and design industry, education and health, cultural tourism, big health and fine agriculture in both Taiwan and the Chinese mainland, to gather in Ningbo and seek for cooperation for the new chances of digital economy.

With the theme of "integrated development and cooperation for win-win result",

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