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Category: Governmental News
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Published: Tuesday, 20 November 2012 09:21
The power supply will be sufficient for Ningbo as winter approaches, said local authorities. Power demand was on rise as recent cold airs visited Ningbo and brought a temperature drop from 15 ℃ in late October to the current 5 ℃. The city's maximum power consumption was 6.93 million kilowatts on November 9, an increase of nearly 300,000 kilowatts compared to the end of October, an increase of 9.5 percent year-on-year.
According to previous experience, Ningbo will expect its peak winter demand in mid-December as heating demand grows. It is estimated that the maximum power demand could reach 8 million kilowatts this winter.
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Category: Ningbo News
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Published: Tuesday, 20 November 2012 09:20
The Exhibition of Ancient Chinese Music Instruments will be held in Ningbo Museum from December 5 to March, 2013.
Visitors to the exhibition will have a chance to take a close look at over 200 pieces of ancient Chinese musical instruments and other cultural relics through various activities in the museum.
In addition, the Zhejiang Dinosaur Fossils Exhibition, which is scheduled to last to November 28, will be ended in advance due to maintenance.
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Category: Ningbo News
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Published: Tuesday, 20 November 2012 09:19
China's e-commerce giant Alibaba pocketed 19.1 billion yuan (3.04 billion U.S. dollars) during its "Singles' Day" shopping promotion on Nov. 11, it announced on Monday. The figure was three times more than that of last year, according taobao.com, a key sales platform under Alibaba.
Ningbo netizens made significant contribution to Sunday's spending binge. According to data from the Alibaba Group, netizens in Ningbo spent 393 million yuan on "Singles' Day", an astonishing figure compared to last year's 73.06 million yuan. However, according to a ranking among major Chinese cities, Ningbo, although ranking the second in Zhejiang province, dropped to the eighth from the fifth position nationwide last year. The top three cities are Shanghai, Beijing and Hangzhou.
The data show that the promotion on Sunday enticed 213 million Internet users to shop on taobao.com and Tmall, two sales platforms under Alibaba, accounting for 40 percent of Chinese Internet users. Ten million users visited its website in the first minute of the sale. The ravenous consumers quickly snatched hundreds of thousands of goods including down jackets, iPhones, shampoo, liquor, and even diapers.
The figure of 19.1 billion yuan embarrassed traditional retailers. During the passed eight-day national day holiday, the 5,000 outlets form 395 large and medium-sized shopping malls in Shanghai earned a total operating income of 6.43 billion yuan. Even in Hong Kong, the well-known 'paradise of shoppers', the average daily retail sales in August was reported as 930 million yuan.
Read more: Ningbo netizens spend 393 million on...
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Category: Ningbo District
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Published: Tuesday, 20 November 2012 09:19
According to the latest list of IPO applicants released by China Securities Regulatory Commission (CSRC) on November 9, Tengtou Garden in Ningbo's Fenghua has been listed in applicants registered in small plates. The company is located in Ningbo's Tengtou Village, which won the UN Environmental Program's award of the "global 500 best", and was the only village selected for the 2010 Shanghai World Expo.
According to CSRC, Tengtou Garden is undergoing IPO review with Everbright Securities as its underwriter. If Tengtou Garden obtains the IPO approval, it will become the second listed company in Fenghua next to Ningbo Bird Co., LTD, a cell phone manufacturer. It will also become Ningbo's first listed companies at township level.
Tengtou Garden, founded in 1996 by Tengtou Group, is an enterprise whose business covers garden nursery, plant production, sales and service, plant science and technology R & D applications, landscape design, and garden maintenance service. Covering an area of 30,000 mu (4942 acres), Tengtou Garden is one of the largest ornamental planting suppliers in China. It has four seedling bases in the Yangtze River Delta, Pearl River Delta, central and northern China, with more than 200 million trees and 140 varieties. Meanwhile, it plans to build two more bases in southwest and northwest China, which will enlarge its total area to over 50,000 mu (8237acres).
The ownership of Tengtou Group over Tengtou Garden is down to only 20 percent now through ownership reform and several rounds of adjustment since 1996.