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Category: Ningbo District
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Published: Monday, 04 June 2012 10:12
Over the past week, dozens of companies in Cixi Shangjianshan Village Industrial Park were busy furnishing their workshops, updating equipments, and making preparations for production in their new plants.
An official in charge of the industrial park said they reached an agreement with Ningbo Branch of China's Industrial Bank (CIB). Under the agreement, the bank granted a loan of 80 million yuan for 45 companies in the industrial park, or an average of nearly 200 million for each company. The fund enables the micro and small-sized firms to build new workshops and purchase new equipments.
According to Wu Zhenhao, deputy party chief of Shangjianshan Village, bearing production is their pillar industry and there are hundreds of bearing manufacturers,most of which are small and micro enterprises. To boost industrial development and create industry clustering, the construction of Shangjianshan Village Industrial Park, covering 116 acres (7.7 hectares), officially stared in 2009.
Xie Zhirong, director of the Financial Service Office in Cixi, asserted the cooperation between banks and enterprises. He said: "We hailed those banks who serve the development of real economy, and we plan to reward the banks who make notable contribution to real economy." The local government encourages the financial institutions to extend their support to local economic development and urges them to increase the proportion of the investment on practical projects, small and medium-sized enterprises and issues of agriculture, farmer and rural area from 20 percent in 2010 to 40 percent this year.
Sources said that with the cut of the bank reserve requirement ratio and the contraction of private sector investment, banks are holding enough reserves. The favorable government policies eased the burden of cash-trapped micro and small sized companies facing to some degree. However, it is still difficult for these firms in securing bank loans or guarantees. More efforts from the financial institutions are needed to change the situation.
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Category: Ningbo Business
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Published: Monday, 04 June 2012 10:11
Seven Ningbo companies are listed in the top 200 foreign traders in China, according to a research report recently released by the China Customs Magazine. Of these companies, Ningbo Qimei Electronics is listed in the top 100.
Among the 200 exporters, Ningbo Qi Mei Electronics Co., Ltd. and Ningbo Shenzhou Knitwear Group Co.,Ltd rank 145 and 159 respectively. The top 200 importers include seven Ningbo companies, namely, Ningbo Qi Mei Electronics Co., Ltd., Ningbo Zhongji Group Shares CO., Ltd., Zhejiang Yisheng Petrochemical Co.,Ltd, Ningbo Free Trade Zone Gaoxin Container Co.,Ltd., Ningbo Sunhu Chem Products Co.,Ltd. and Ningbo Pinggang Trade Co.,Ltd. The leading importer, Ningbo Qi Mei Electronics Co., Ltd., ranks 84.
The rating shows that factors including the internal migration of processing trade, increasing imports, and the growing trade in services contribute to the significant changes of China's foreign trade in 2011. Despite of the weak external demand, China's import and export in 2011 amounted to US$ 3.6 trillion, hitting a new high last year. Accordingly, the minimum import and export values increased significantly for the top 200 importers and exporters this year. Compared with 2011, the minimum value of the 200 exporters and importers rise to US$ 800 million and US$1.03 billion from US$ 640 million and US$ 820 million respectively
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Category: Ningbo District
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Published: Monday, 04 June 2012 10:10
Today, to experience the pleasure of a "slow life" has become a choice of many people. On holidays and festivals, the over 500-km national mountain climbing paths, with over 130 bike renting services, attracted hundreds of thousands of visitors.
"With our abundant resources of mountains, seas, waters, islands and springs, we shall turn the whole county into a large scenic area and park, to attract more tourists. We shall have tourist enjoy the pleasure of a slowed down life in Ninghai," said Chu Yinliang, Magistrate of Ninghai County.
In 2009, Ninghai County built a 100-km national mountain climbing path, the first one in the country. Early this year, the county put in over 10 million yuan and completed the construction of the 500-km national mountain climbing paths which extend to the whole of Ninghai County, linking all the resources, scenic spots, farmers' inns and other recreational places. The mountain climbing paths set off upsurges of physical fitness in Ninghai and attract hundreds of thousands of backpackers home and abroad to Ninghai.
To connect all the mountain climbing paths, in 2011, Ninghai County put in over 70 million yuan and started the construction of a system of bike renting services. So far, it has completed the construction of 130 bike renting services, with over 1,000 bikes available for rent. "In near future, the county will open about 300 bike renting services, so as to make all the scenic spots and farmers' inns accessible bikers," said Zhang Huafei, Director of Ninghai Sports Development Center.
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Category: Culture Ningbo
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Published: Monday, 04 June 2012 10:10
Exhibition of Cultural Creation 2012, hosted by Ningbo National University Science Park, Ningbo Bang Museum and College of Science and Technology of Ningbo University opened from May 25 to June 25.
The exhibition consists of such activities as an exhibition of selected works of graduation projects of the College of Science and Technology, Ningbo University, a festival of modern folk songs and a cooperation week of the national university science park and universities. In the one-month exhibition, over 1,000 creative works of over 300 series by students of College of Science and Technology, Ningbo University will be displayed. The works are inform of cartoons, plates, artistic works, industrial designs, designs of environment and designs for exhibition.