"Ningbo Week" to be held in Nanjing
- Details
- Category: Ningbo News
- Published: Monday, 13 May 2013 10:03
According to Ningbo Municipal Economic Cooperation Office, the 2013 "Ningbo Week" activity will be held in Nanjing in late May. A series of activities including investment promotion, industrial docking and talent recruitment will be organized to further publicize Ningbo to attract businessmen of Zhejiang or Ningbo origin to return for investments.
Since the beginning of this year, in order to promote economic transformation and upgrading, Ningbo has increased contact with the outside businessmen of Zhejiang and Ningbo origin through a variety of ways. The city gives full play to their advantages in the capital, social relations and networks by providing platforms and improving services, and thus has gained great achievements in attracting investments from returned entrepreneurs. Statistics show that in the first quarter, Ningbo has newly introduced 34 returned projects with the actual funds of 2.896 billion yuan. The fund in place reaches 7.16 billion yuan (including 4.264 billion yuan from the 88 carry-over projects last year), up by 27.8% over the same period last year.
The tertiary industry rather than the secondary industry for the first time becomes the most popular areas of investment from returned businessmen. Statistics show that in the first quarter the in-place investment in the tertiary industry in Ningbo stood at 3.917 billion yuan (accounting for 54.7% of the total), of which the registered capital of a company in Yinzhou District amounts to 18.5 billion yuan. However, no breakthrough has been made in the attraction of investment in the agricultural sector so far.
The volume of overseas investments beats that of the domestic investments. For the returned fund in place in the first quarter, the overseas investment amounts to 4.279 billion yuan, accounting for 59.76% of the total. The domestic investments mainly come from the Yangtze River Delta and the Bohai Bay area, with the capital in place from the former reaching 1.089 billion yuan, accounting for 15.21% of the total funds, and that from the latter reaching 9.58 billion yuan, accounting for 13.38% of the total.
Among the investments, private capital dominates. Of all the funds in place, the actual fund for non-state-owned capital investment projects reaches 6.233 billion yuan, accounting for 87.05% of the total funds, while the actual fund from central enterprises and other state-owned investment projects stands at 927 million yuan, accounting for 12.95%.
To support the returned entrepreneurs in making innovations and promote the returned investment, Ningbo will conduct the "Ningbo Tour" activities based on the "Ningbo Week" activity. In the first half of this year, in a joint efforts with the chambers of commerce in Jiangsu Province and Zhejiang Province, it will invite excellent domestic enterprises to visit Ningbo.
