It's Happening....
Industrial investment in Ningbo stands at 131.6 billion yuan
- Details
- Category: Governmental News
- Published: Tuesday, 05 January 2016 20:47
According to the Zhejiang Provincial Video Conference for Industry and Information Technology Work held on December 29, for the first 11 months of the year, Ningbo has completed a total industrial investment of 131.6 billion yuan, up by 16.7%, and a total industrial revenue of 133 billion yuan, up by 14.5%, both ranking in the front among all the cities in Zhejiang Province.
Since the beginning of 2015, Ningbo has implemented the three-year action plan for economic and social transformation and upgrading, the investment projects with an investment of over 50 million yuan, and the technical transformation projects with an investment of over five million yuan. The land used by industry has reached 160,000 mu, accounting for 41% of the planned area, which helps to make good use of the 150,000 mu of idle industrial land, greatly easing the problems of the project settlement. The financing problems for enterprise projects have been further solved. So far, Ningbo has built 26 government lending funds, with a total capital of 2.24 billion yuan, leading to a total loan of 92.83 billion yuan and 11,600 services for enterprises. In the year, six enterprises were newly listed in the A-share Market, and 27 listed in the New OTC Market, attracting a total financing volume of 84.6 billion yuan, up by 129.8% over the previous year. The municipal government granted a financial subsidy of 110 million yuan, exempted about 50 million yuan in imported equipment tariff for enterprises, and obtained 180 million yuan from the specialized national financial funds for the enterprises concerned.
