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Category: Ningbo District
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Published: Monday, 10 December 2012 10:21
On the afternoon of December 1, the "Sports and Urban Construction 2012" program resulted in cooperative intent valuing 16 billion yuan. Of the results, Ninghai County and China Sports Newspaper and China Cultural Academy reached cooperative intent, involving strategic projects valuing 5 billion yuan.
This project in Ninghai is an outdoor sports and tourism project, with the area designed amounting to 25 square km. Wirth the ecological resources of Huchen Harbor, this project takes tourism as its core, including such facilities as outdoor sports, ancient town protection, conference and recreation, so as to turn east Ninghai into a zone that integrates facilities of tourism with the natural and cultural resources. The total investment of the project reaches 3 billion yuan. Another project is Ninghai Sports and Cultural Complexity, and the land for the project is 300 mu. This large urban sports and cultural complexity will integrate such functions as sports, cultural innovation, artistic training and tourist shopping. The total investment of the project is estimated to be 2 billion yuan.
After the agreements are signed, Ninghai County will make plans for a series of large sports and cultural projects. It will integrate existing sports and cultural resources, establish special funds, and devote itself to the development of the projects and make them classic ones with distinct Ninghai features.
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Category: Ningbo District
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Published: Monday, 10 December 2012 10:20
The other day, a consultative team of a Spanish company paid a visit to Ningbo Hangzhou Bay New Area for an inspection of the site for its project. The view of the crowds of egrets and wild ducks gave the team members a pleasant surprise, "If our decision is made quickly enough, we can have these elves as our neighbors."
The ecological environment has been an important part of competitiveness of Ningbo Hangzhou Bay New Area for investment invitation. In the past two years after the establishment of the area, itt has introduced over 170 quality projects of various kinds, including over 60 projects, whose investment each exceeding 100 million yuan. The total investment amounts to about 50 billion yuan. "A number of large project like Century Golden Resources Group and Shanghai Volkswagen settled in the area and this is inseparable with the advantageous conditions of location and the ecological conditions," said Cai Shijie, Director of Investment and Cooperation Bureau of Ningbo Hangzhou Bay New Area.
Read more: Ecological construction in Ningbo...
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Category: Ningbo News
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Published: Monday, 10 December 2012 10:20
The other day, Ningbo Seawall Technology Group spent 3 million US dollars purchasing a technological service company in Seychelles, a country in east Africa. "With this foreign company as a springboard, we can expand our business to European countries, USA and Southeast Asian countries providing the local users with our outsourcing services," said Lu Shidong, General Manager of the company.
Updated statistics from Ningbo Foreign Economy and Trade Bureau shows, by the end of October, overseas enterprises and institutions Ningbo established in foreign countries and regions amount to 1,621 and the confirmed investment by Chinese enterprises amounts to 3.877 billion US dollars. Of the total, 193 such enterprises and institutions were established in the first 10 months this year and the confirmed investment by Chinese enterprises amounts to 1.187 billion US dollars, up by 15.6% year on year.
This year, Enterprises in Ningbo is quickening up their steps of "going global", especially the emerging markets. Thanks to the ECFAE, Yuyao Xuneng Jiangxin Electric Company invested 300,000 US dollars to open its sales centers in Belorussia. Some enterprises of Ningbo even fix their eye on Fijian and Pakistan. At present, except the Antarctic Continent, enterprises of Ningbo have had their investment in all the other continents.
In the first 10 months this year, Ningbo set up 139 trade companies and institutions. Such companies and institutions add up to 1,500, ranking the first in all cities of the country.
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Category: Ningbo Business
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Published: Monday, 10 December 2012 10:19
According to Ningbo Municipal Economic Information Commission, for successively three months the economic returns of large industrial enterprises of Ningbo has been recovering radically and the recovery is faster than that of production.
Related statistics show that in October, the profits of large industrial enterprises amounted to 10.61 million yuan, 21.7% more than the same period in the previous year; the profit amounted to 5.71 billion yuan, increased by 46.2 % over the same period of last year; the net profit made in the month reached a new high, 77.4 points higher than the average increase rate in the first three quarters this year.
In October, the increase rates of profit of the light industry and heavy industry reached 22.5% and 57.7% respectively. Of the 35 industries, over 60% had their profit increase radically. 42.6 points of increased profit is contributed by 6 large industries of petrol processing, chemical material and production, electric equipment, automobile manufacturing, instrument and plastics.