Ningbo enterprises developing their global network

Details

Category: Ningbo News

Published: Tuesday, 07 August 2012 13:14

Since the beginning of this year, despite the grim background of the slowdown of the major economies such as the eurozone, and the decrease of external demands, foreign trade enterprises in Ningbo have continued to speed up their global network development, to shorten the trade chains and to control the export channels. According to the latest statistics from Ningbo Foreign Trade and Economic Cooperation Bureau, in the first half of this year, 87 overseas trade offices for foreign trade enterprises were approved, in 17 countries including the United Arab Emirates, the United States, Germany and Nigeria and such regions as Hong Kong and Taiwan. By the end of June, there had been 1546 approved overseas enterprises and agencies with a total investment of $3.49 billion. Among them, there are 1159 overseas marketing outlets in 97 countries and regions.

According to Ding Haibin, Deputy Director of Ningbo Foreign Trade and Economic Cooperation Bureau, to speed up the establishment of overseas direct-sales enterprises and agencies is an effective measure of coping with the current grim foreign trade situation. The related foreign trade departments will release some supporting measures to promote the global layout of some powerful foreign trade enterprises and enable them to change from simple sales promotion to in-depth marketing, thus making contributions to the steady increase of exports of this year.