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2021 Ningbo Fashion Festival rounded off

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Category: Ningbo Business

Published: Monday, 22 November 2021 12:41

On October 24, the 2021 Ningbo Fashion Festival and the 25th Ningbo International Garment Festival ended successfully. Over the past four days, more than 30 activities have been held in Ningbo, a famous fashion city, including the fashion exhibition, economic and trade forums, fashion events, fashion release meetings, consumption experience activities, international cooperation and fashion sharing activities. 265 brands from 218 enterprises have made a brilliant debut to show the world the fashion from the Orient.

During the festival, over 25,000 domestic professional merchants and 28 trade delegations from more than 20 provinces (municipalities) and autonomous regions came to Ningbo for negotiation and procurement, and over 10,000 ordinary visitors participated in the interaction. The click times of the online cloud exhibitions and the cloud live exhibitions held by mainstream media in the same period exceeded four million.

The fashion industry in Ningbo orienting the source of its unique value with a new vision and opening up a new situation in the great changes

Ningbo's Loan Balance in the First Three Quarters Increased by 13.4% Year-on-Year

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Category: Ningbo Business

Published: Monday, 22 November 2021 12:40

Since the beginning of this year, our city's banking financial institutions have fully implemented a prudent monetary and credit policy and increased the supply of credit funds for the real economy. According to statistics from the Ningbo Central Sub-branch of the People's Bank of China, in the first three quarters, the city's loan balance in domestic and foreign currencies was 284.932 billion yuan, a year-on-year increase of 13.4% and an increase of 304.15 billion yuan from the beginning of the year.

Based on the reality of the jurisdiction, the city’s pedestrian system unifies its thoughts and actions to serve the real economy, serve the reform and opening up, and serve Ningbo as an “important window” model student and the establishment of a common prosperous pioneer city. It is flexible and precise in accordance with the monetary policy. Reasonable and moderate requirements, guide small and medium-sized corporate institutions to rationally arrange the total amount, structure and pace of credit loans, increase support for private, small and micro, "three rural" and other fields; guide financial institutions to make reasonable profit and guide small and micro enterprises to raise funds Cost is stable at a low level; actively promote and apply debt financing tools such as carbon neutral bonds, innovation and entrepreneurship bonds, and private enterprise bonds to help companies raise funds.

The Ningbo Municipal Council for the Promotion of International Trade and the Iranian Port Abbas Chamber of Commerce Signed a Memorandum of Cooperation

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Category: Governmental News

Published: Monday, 22 November 2021 12:39

Recently, the Municipal Council for the Promotion of International Trade and the Iranian Port Abbas Chamber of Commerce signed a memorandum of understanding on economic and trade cooperation through online means to promote cooperation between Ningbo and Iran enterprises and enhance the level of facilitation of Ningbo-Iran trade and investment.

Ningbo and Iran have frequent economic and trade exchanges. According to statistics, from January to August this year, Ningbo’s import and export volume with Iran was US$1.108 billion, a year-on-year increase of nearly doubled. Imported commodities mainly include primary shapes of plastics, crude oil, steel billets and rough forgings, and export commodities mainly include textile yarns. , Fabrics and products, motors, generators and auto parts, etc.

Iran is also actively investing in Ningbo. As of the end of August this year, Iran had approved 56 projects in Ningbo with a contractual foreign investment of US$12.7 million, an increase of 10% year-on-year. The main industries for investment include paint manufacturing, international trade and business consulting.