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Category: Ningbo District
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Published: Monday, 18 June 2012 09:24
Cixi e-commerce industrial park, having five online businesses, three logistics, one education and training institution as well as 6 enterprises, was set up in a 5,500 m2 large building in Cixi a couple days ago. It is the first one of its kind in Ningbo. Given its profound manufacturing experience and sound geographical location, many Cixi-made products such as small household appliances, garments and baby supplies were rather suitable to sell online, said Yu Xuehui, Chairman of Cixi E-business Association. “The set up of the industrial park have many advantages for development. For example, the charge of sending a 9kg package from Cixi to Beijing is 50 yuan, while it can be lowered to 25 yuan if it is negotiated in the name of the industrial park. Another example is that talents needed to conduct e-commerce could be cultivated through Cixi Campus of Taobao University rather than employing with high salary from other places”, added him.
As one of the founders of the park, Yu has benefited a lot at the time when e-commerce just emerged. In 2000, he sold heaters made in his father’s factory in Alibaba, the largest online B2B marketplace, and received an order of 1.07 mln yuan. In just a few years, he increased the annual output value of his father’s factory from 50 mln yuan to almost 1 bln yuan. Because of this, he won the title of “the Top Ten Online Businessman” and the e-commerce lifetime achievement award issued by Alibaba.
Yu also said that the development of e-commerce was amazingly fast. Therefore, he took the initiative to found the industrial park. At present, the first phase of the park has already opened, and the second phase project is under construction. The total park covers an area of 22,500 square meters. Yu was very confident with traditional industries to practice the e-commerce mode. “I hope in the future we could gather more online businesses and build a larger building, attracting more online businessmen to settle in Cixi and also promoting the online sales of local enterprises. It is also an important strategy to the transformation and upgrading of local enterprises”, said Yu.
Amidst the joint development of members of the E-business Association, Cixi Municipal Bureau of Commerce also made a series of policies to encourage the development of e-commerce, providing rewards to newly-opened e-commerce businesses and e-commerce industrial parks and funds to e-commerce talents training institutions.
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Category: Governmental News
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Published: Monday, 18 June 2012 09:23
News came from the organizing committee that the tenth China International Housing & Furnishing Exposition was to be held in Ningbo International Convention and Exhibition Centre from July 6 to 9. The Expo, with a theme of “expanding domestic demand, maintaining steady growth and enlivening the market”, aims to build a publication and exchange platform to expanding the markets especially domestic market. The Expo will fully display the latest technology and trend of the home-based industry and show the development strategies and marketing measures of the enterprises in the progress of transformation and upgrading to improve the whole level of the housing industry.
The Expo, covering an exhibiting area of 45,000 square meters, has 5 main exhibiting zones of furniture, kitchen cabinets, floor, housing decorations and building materials. The 2012 Ningbo Crafts and Arts Housing Decoration Joint Exhibition was to be held at the same time. The Exhibition is an excellent showcase of the whole industrial chain and will exhibit products of ceramic sanitary ware, whole cabinet, kitchen appliances, etc. Consumers will enjoy a one-stop shopping there and choose products easily form a few selected brands with characteristics.
According to statistics, there are over 10 building material and furniture markets in Haishu, Jiangdong, Jiangbei and Yinzhou, covering a total area of over 100 million square kilometers. Over 2000 housing brands are too hard for consumers to choice among. At the Expo, 20-25 brands with characteristics were selected to exhibit to avoid cut-throat competition and ensure each brand has its own market space and sales.
At present, the summer housing expo has become an important platform of housing product showcase of Ningbo and Zhejiang Province. It was learned that a lot of famous housing brands at home and abroad expanded their exchanges and strengthened their cooperation with each other through this platform in recent years. Meanwhile, the organizing committee paid much attention to invite exhibitors from emerging markets such as ASEAN. Every year, the products from Vietnam, Malaysia, Thailand and Pakistan and other countries enjoyed high favor among consumers.
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Category: Governmental News
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Published: Monday, 18 June 2012 09:22
News from Ningbo Foreign Trade and Economic Cooperation Bureau said that Ningbo authority was organizing enterprises to attend China Fair Jordon (2012). China Fair Jordon, well-known as the Canton Fair in Middle East, is highly-supported by Ningbo government.
“Markets in Middle East countries like Jordon, Iraq, Israel and Saudi Arabia have high paying ability and huge business opportunities in reconstruction market, which has a potential of over one hundred bln dollars. “Ningbo enterprises could take this opportunity to explore overseas markets and build up business relationships with Jordan and other Middle Eastern countries”, said a related person from Ningbo Foreign Trade and Economic Cooperation Bureau.
Ningbo Foreign Trade and Economic Cooperation Bureau will continuously to give full support to the fair of this year and will give rewards to those enterprises that apply to attend the fair. This motive will lower the cost of enterprises to explore international markets especially emerging markets in such Middle Eastern countries as Iraq and Lebanon. The latter market has purchasing power of one hundred bln dollars.
It is learned that China Fair Jordon has successfully been held for eight sessions, attracting 17,244 experts from 37 Middle Eastern countries and reaching a gross turnover of 131,760,000 dollars. The ninth edition will be held in June and will be divided into two phases. The total exhibiting area will be 24,000 square meters holding 800 booths. It will be the largest edition ever and the largest one in Jordon and its surrounding countries, predominantly attracting visitors from the Middle Eastern counties including Lebanon, Iraq, Egypt, Syria, Israel and Saudi Arabia and so on.
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Category: Ningbo Business
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Published: Monday, 18 June 2012 09:21
News from China Council for the Promotion of International Trade, Ningbo Sun-council (CCPIT-Ningbo) said that over 80 manufacturers of consumer electronics and home appliances from Ningbo were scheduled to attend the IFA (2012) in Berlin. It shows that Ningbo enterprises are seeking to go global as the economy has entered into a year of recession.
The IFA (2012) will be open from 31 August to 5 September. It is the global trade show for consumer electronics and home appliances, presents the latest products and innovations of all the global brands. IFA is also the main meeting place for key retailers, buyers, and experts from the industry and the media. IFA 2011 attracted 238,000 visitors and had a turnover of 30.7 bln Euros, making it the largest exhibition in the world.
Ningbo, as the most important production base of consumer electronics in China, boasts of a vast sea of manufacturers of electronics in varied sizes and types, including LCD TVs, air conditioners, refrigerators, washing machines, vacuum cleaners and so on. Some companies have also made world leading achievement in the research and development of new products. As consumer electronics in Ningbo make strides toward intelligence, Ningbo has become a key source of exhibitors for IFA. It is also learned that Ningbo exhibitors will exhibit their latest products.