Zhejiang and Ningbo entrepreneurs returned to start business
- Details
- Category: Governmental News
- Published: Tuesday, 10 April 2012 09:53
Statistics from Ningbo Economic Cooperation Office show that in the first quarter of this year, Ningbo introduced 54 business projects by returned Zhejiang entrepreneurs from outside the province and from abroad, with a total agreed capital of 15.473 billion yuan and actual capital of 2.605 billion yuan. Together with the 2.912 billion yuan from 48 carry-over projects, the total capital available has reached 5.517 billion yuan.
At the beginning of the year, Ningbo made a specialized plan for the introduction of returned Zhejiang and Ningbo entrepreneurs: introducing a group of quality business projects by relying on such activities as the first session of "World Ningbo Group Conference" and "Shanghai – Ningbo Week". All the towns and districts carried out various kinds of introducing activities in response to this plan.
Xiangshan County is the "pioneer" of introducing returned entrepreneurs. In March, a promotion meeting for investment and cooperation by outside entrepreneurs of Xiangshan origin was held in Shanghai, resulting in the signing of 18 projects with a total investment of eight billion yuan, which drew the curtain of introducing business by returned Zhejiang and Ningbo entrepreneurs.
The newly introduced enterprises are facing new opportunities of development with their industrial focus returning to Ningbo. Tenglong Group, with its headquarters in Beilun District, established production-oriented enterprises in South Korea, Shandong Province and Jiangsu Province a few years ago, under influence of such factors as land and labor. Now, Chen Peijun, President of the enterprise, decided to transfer the developing focus to Beilun, where a project of over 1.5 billion yuan will be accomplished in October this year. It is estimated that the annual output value of the enterprise will reach 10 billion yuan.
According to an official from Ningbo Economic Cooperation Office, in 2012, the focus of the business introduction will be on headquarters economy, entity economy, marine economy, modern industry and cultural and creative industry. The target areas will involve the Yangtze River economic circle with Shanghai being the leading city, the Bohai economic circle with Beijing and Tianjin being core cities and the Pearl River Delta economic circle with Guangzhou and Shenzhen being the centers.