Copyright 2024 - Ningbo Life / Ningbo Expat

6th Financial Fair of Middle and Small Enterprises to open

After the meeting on the work of private enterprises, all related government and associations of private enterprises started to take action to help the middle, small and micro enterprises. According to Ningbo Private Enterprise Federation, the 6th Financial Fair of Middle and Small Enterprises will open on May 17.

At present, the major difficulties for small and micro enterprises are in business establishment, upgrading and financing. In order to widen the financing channels for private enterprises and promote the link of banks and enterprises, Ningbo Bureau of Industrial and Commercial Administration and Ningbo Private Enterprise Federation organized this fair, aiming to provide private enterprises with more convenient financing services. Statistics show that on the fair in the past five years, the intent of financing reached on the spot involves 800 million yuan.

Toady, all the private enterprise federations are doing their best to help enterprises in financing. This year, Cooperated with Beilun Private Enterprise Federation, China Minsheng Banking Corp., Ltd. put a featured product—"common fund". A common fund consists of at least 40 small and micro enterprise owners. A member of the common fund can have a loan with a little amount of security deposit. With the replacement of the individual credit by collective credit, a small or micro enterprise no longer has the problem as they used to have in having mortgage and guarantor

Ningbo started new projects of low-price houses

According to Ningbo Housing Construction Committee, in this year, Ningbo has started the construction of 7,902 low-price houses of 690,000 square meters, including 3,587 public rental houses of 230,000 square meters. Of the target of 15,900 low-price houses (including 10,000 public rental houses) that should be started construction this year as is set by Zhejiang Provincial People's Government for Ningbo, Ningbo has so far fulfilled half.

According to Zhejiang Provincial Government, Ningbo this year should basically complete the construction of 5,800 low-price houses, including 5,000 as-built ones. The city should also have 1,000 households subsidized for renting houses. Statistics of Ningbo Housing Construction Committee show that so far, Ningbo has completed the construction of 1,744 low-price houses of 150,000 square meters, and the on-going projects of low-income houses involve 2.15 million sq meters. In this year, the city has solved the housing problem for 2, 604 low and middle-income families, providing 1,624 families with low-rental houses and 980 low-price houses.

In order to ensure the land for low-price housing for low-income earners, in July last year, Ningbo Housing Construction Committee, Ningbo Municipal Development and Reform Commission and joined in by Ningbo Municipal Development and Reform Commission and Ningbo Municipal Land and Resources Bureau jointly circulated a document, requiring that all the counties and cities of Ningbo should ensure the land for low-pricing houses in 2012. Early in this year, Ningbo Housing Construction Committee and Ningbo Municipal Land and Resources Bureau urged them several times to ensure the land for the low-price houses

Construction of demonstrative livable community started in Jiangdong

In response to the spirit of 12th Ningbo Party Congress of accelerating the construction of the modern metropolis, improving the living environment and enhancing the quality of life, Jiangdong District has selected Dandinghe Community as the pilot livable community, in accordance with Ningbo's implementation plan of building demonstrative livable communities.

The selected community is one with sufficient conditions. The construction work involves the infrastructure perfection, the burying of specialized tubes, the environmental beautification, housing renovation and security equipment installation. To be specific, the gate house or watch box in the major entrances of the community should be arranged to facilitate the residents' access and guard management. The community should be surrounded by security facilities and the walls along the streets should be transformed into permeable walls. All the overhead wires including those for communication, internet and cable TV should be buried underground. In a word, the construction aims at building a quality community with safe and comfortable houses, all the necessary facilities, a smooth traffic and neat pipelines, a tidy environment and a comfortable atmosphere for living.

Recently, the Housing and Urban-Rural Construction Bureau of Jiangdong District hosted the meeting for the construction of the demonstrative community, with representatives from Baihe Street Committee and Dandinghe Community attending the meeting. The meeting, where the general idea and specific contents of the construction were introduced and the suggestions from the representatives were put forward, marks the official start-off of the construction of the demonstrative livable community in Jiangdong District

The Second Urban Front Forum unveiled

The second Urban Front Forum was held in Sheraton Ningbo Hotel on the afternoon of April, 13. Many personages attended and addressed the forum, including Zhou Hanliang, a member to the Standing Committee of the CPPCC National Committee and vice chairman of Shanghai Municipal Committee of the CPPCC, Shan Wenhui, former director of Research Center for Urban Eco-planning and Design, Fudan University, and Fang Zhenning, a Japan-based critic on architectures and arts. Their speeches were centered on the topic of city upgrading and quality life.
Mr. Zhou made a speech on the development direction of international metropolis. In discussing the contradiction between urbanization and the preserving of historic buildings, he said that valued buildings with historic significance should be preserved. “Buildings are the concrete memory of a city, and a city lives because of memories. Historical heritage is very vital to urbanization and therefore, we must preserve historical cultures and customs”, Zhou said.
 

Ningbo's overseas investment maintains rapid growth

The first quarter of 2012 saw the approval of 59 overseas enterprises and institutions, in which the approved Chinese investment would reach US$383.3177 million, up by 81.3% over the same period last year and accounting for 12.47% of the cumulative investment. The actual amount of investment reached US$158.8673 million, an increase of 111%, accounting for 10.36% of the cumulative amount.

The approved enterprises and institutions, including 26 trade enterprises, 18 economic and trade offices, eight production-oriented enterprises, an engineering and real estate enterprise, a warehousing and logistics enterprise, four research and development institutions, are located in 20 countries and regions. Among them, 17 enterprises or institutions, including ten trade enterprises, two economic and trade offices, two production-oriented enterprises, a warehousing and logistics enterprise and two research and development institutions, were approved in March, with an approved Chinese investment of US$101.3175 million and actual investment of US$50.211 million. They are distributed in eight countries and regions.

By the end of March, there had been 1,487 approved overseas enterprises and institutions in 97 countries and regions, with an approved Chinese investment of US$3.0735664 billion and actual investment of US$1.533131 billion

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