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Ningbo to Build Strong Marine Economy Geared to National Strategy (Part-1)

The article Ningbo to Build Strong Marine Economy Geared to National Strategy by Wang Huizhong, member of the Standing Committee of CPC Zhejiang Provincial Committee and Secretary of Ningbo Municipal Party Committee, is published in Qiushi Journal, 2nd edition in 2012. It illustrates in detail the strategic thinking and planning on Ningbo's shift to a city strong of marine economy.
Ningbo enjoys unique advantages in developing marine economy with abundant marine resources and a fine port. In Program for Developing Zhejiang Marine Economy Demo Zone approved by the State Council in February, 2011, it becomes a national strategy to make Ningbo-Zhoushan port a core area of marine economy in Zhejiang Province. Facing this new opportunity of development, Ningbo should thoroughly implement the scientific development outlook, and focus on port and shipping service, advanced marine manufacturing and emerging marine industries. We should also work hard to make Ningbo a core demonstration area of marine economy with strong economic strength and radiating effect, proper allocation of resources and a complete system of science, technology and culture. In this way Ningbo is expected to realize the historic transition from a big city of marine economy to a city strong in marine economy.
I. To improve collection and distribution network and promote the development of trade and logistics.
It is important to improve its services of trade, logistics and financial information with bulk commodities if Ningbo is to improve the core competitiveness of its marine economy. Ningbo has a fine tradition with bulk commodity trading and port logistics, as well as 77 professional markets for bulk commodity trading. Its trading volume reached 200 billion yuan in 2010, with the volume in crude oil, iron ore, plastics and liquid chemicals ranking No 1 in the whole country. With over 5000 logistics operators, the industry of logistics has contributed more than 10% to the gross product of the city. However, compared to other grand ports in the world, Ningbo still lags behind in terms of the overall size, range of radiation, especially transportation infrastructure and financial information service . In the 12 five-year-plan period, we will promote the influence and competitiveness of marine economy by improving the collection and distribution network with multi-modal transport.
 

--To be continued

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