Copyright 2022 - Ningbo Life / Ningbo Expat

"14th Five-Year" Development Plan for Ningbo's financial industry released

The recently released "14th Five-Year" development plan for the financial industry in Ningbo proposes that to further promote the two-way empowerment of industry and finance, optimize the joint prevention and control mechanism of financial risks, and create a wide-ranging and influential industrial financial innovation center and regional financial center, by 2025, Ningbo’s financial industry assets will reach RMB6 trillion, and the added value of the financial industry will reach RMB140 billion.

In recent years, Ningbo has built a complete financial ecosystem around the real economy, basically realizing the full coverage of bank-securities-insurance legal person institutions and the coordinated development of other functional institutions. During the "14th Five-Year Plan" period, Ningbo will focus on serving the real economy, preventing and controlling financial risks, and deepening financial reforms, fostering new economies, new business formats, and new models. With the Eastern New Town Financial Business District as the main body, Ningbo will introduce and cultivate local legal person financial institutions, functional headquarters, and regional headquarters; it will make good use of the national insurance innovation pilot zone, the national inclusive financial reform pilot zone and other

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Ningbo Sees Over 300 Billion Yuan of New Domestic and Foreign Currency Loans in the First Half of the Yea

In the first half of this year, Ningbo's economy showed steady growth and a positive trend, with agricultural production enjoying growth, industrial production and sales flourishing, and the service industry running smoothly.

This year, the city's financial institutions around the key areas to increase the supply of products and services, to ensure that the financing needs of the development of various industries. Statistics from the Ningbo Central Branch of the People's Bank of China show that in the first half of this year, the balance of loans in the city's domestic and foreign currencies exceeded 2.78 trillion yuan, an increase of 13.4% year-on-year and a growth rate 1.5 percentage points higher than that of the country. Among them, the balance of loans in the four major areas of manufacturing, private enterprises, small and medium-sized enterprises and agriculture increased by RMB 62.06 billion, RMB 134.18 billion, RMB 61.55 billion and RMB 52.41 billion respectively compared with the beginning of this year

Beilun speeds up “Youth Beilun” construction

“We will increase the reward for young people’s contribution and give new employed young people in the area certain subsidies for individual income tax. We will enhance support for the settlement of foreign young people by setting up the youth settlement fund.” Recently, Beilun District of Ningbo held a youth development conference, and the “Youth Beilun” 3.0 policy was released, serving as a new driving force for the gathering and development of youth in the free trade zone.

Since being selected into the first pilot counties (or districts) for the implementation of medium and long-term youth development plan in China, Beilun District has been continuously promoting the “Youth Beilun” construction. By integrating the youth development into the overall consideration of the 14th Five-year Plan of the whole region, Beilun District aims to make the youth population account for more than 40% of the population of the district by 2025, and to attract more young power for the acceleration of the construction of a strong port, a strong district, a demonstration pilot area for common prosperity and Zhejiang Free Trade Zone. “The open Beilun calls for the efforts of youth, and the developed Beilun promotes the development of youth in return! We warmly invite aspiring young people

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Ningbo issues the "14th Five-Year Plan" for the development of traditional Chinese medicine(TCM)

During the "14th Five-Year Plan" period, Ningbo will vigorously develop TCM, focusing on building a strong TCM city. According to the plan for the development of TCM in Ningbo, during the "14th Five-Year Plan" period, the TCM health service capacity in Ningbo will be improved. The number of beds in public TCM hospitals per 1,000 residents and the number of TCM practitioners (assistant) physicians in medical and health institutions per 1,000 residents will reach 0.7 and 0.68 respectively.

The Municipal Hospital of Traditional Chinese Medicine will be built into   a national or provincial regional TCM medical center.

During the "14th Five-Year Plan" period, Ningbo's TCM health service capabilities will be upgraded. The allocation of TCM health service resources will be significantly optimized. The number of beds in public TCM hospitals per 1,000 residents and the number of TCM practitioners (assistant) physicians in medical and health institutions per 1,000 residents will reach 0.7 and 0.68 respectively. 100% of the city’s district/county (city)-level public TCM hospitals (including integrated Chinese and Western medicine hospitals) will reach A of Grade II or above, 100% public general hospitals, maternity and child care hospitals will establish TCM departments, and the proportion of non-diseased treatment departments in Grade II public TCM hospitals will reach 100%.   Ningbo will strive to create a balanced

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