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Category: Governmental News
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Published: Tuesday, 02 October 2012 15:04
At the "811" promotion and inspection meeting for ecological civilization construction held on September 29, the provincial inspection team deemed that Ningbo Municipal Party Committee and Ningbo Municipal Government did well in carrying out the in-depth energy saving and emission reduction and accelerating the elimination of backward production capacity. It is agreed that Ningbo has achieved much in its ecological civilization construction, especially in promoting remediation of industrial pollution and improving the quality of eco-environment, by making great efforts to develop ecological economy and promote industrial transformation and upgrading.
Led by Zhejiang Eco-province Construction Office, Zhejiang Provincial Development and Reform Commission and Provincial Environment Protection Department conducted the special inspection of Ningbo's "811 promotion action" of ecological civilization construction this year from September 27 to 28. The inspection team carried out on-site inspections in Yinzhou District and Beilun District, and listened to the work report by Ningbo Municipal Government.
Since the beginning of this year, Ningbo has passed 112 construction projects on ecological civilization, including such sectors as environmental infrastructure construction, industrial upgrading, environmental quality improvement and environmental and livelihood security. In the meanwhile, Cixi County and Yinzhou District passed the assessment of provincial ecological county (district) construction, Ninghai County passed the technical assessment of state-level ecological county construction, Jiangbei District and Beilun District have made great progress in the construction of provincial ecological districts, all of which has laid a solid foundation for the ecological city construction of Ningbo. In terms of energy-saving and emission reduction, in the first half of this year, Ningbo cut down on the chemical oxygen demand by 6.39%, ammonia nitrogen by 3.89%, sulfur dioxide 2.55%, nitrogen oxides by 3.54%, making it one of the only four cities in Zhejiang Province that have completed the target assessment.
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Category: Governmental News
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Published: Tuesday, 02 October 2012 15:04
Ningbo Government held the National Day Reception on the evening of September 28 in Ningbo Pan-Pacific Hotel to celebrate the 63rd anniversary of the founding of the People's Republic of China. Liu Qi, Deputy-secretary of Ningbo Municipal Party Committee and Mayor of Ningbo, made an important speech on the reception. Other officials who attended the reception include Wang Yong, Deputy-secretary of Ningbo Municipal Party Committee, Hu Modun, Vice Director of the Standing Committee of Ningbo Municipal People's Congress, Wang Jiankang, Chairman of Ningbo People's Political Consultative Conference, Zheng Yu, Chairman of Ningbo People's Political Consultative Conference, and Wang Jianshe, Secretary-general of Ningbo Municipal Government. Vice-mayor Hong Jiaxiang presided over the reception.
The honored guests invited include the foreign experts working in Ningbo, the senior foreign managers from some joint ventures, the representatives from the Ningbo offices of foreign organizations, the representatives of compatriots from Hong Kong, Macao and Taiwan, overseas Chinese and foreign overseas Chinese, and the heads of some related departments in Ningbo.
Firstly, on behalf of Ningbo Municipal Party Committee and Ningbo Municipal Government, Liu Qi extended greetings and best wishes to the citizens and those (such as some compatriots from Hong Kong, Macao and Taiwan, overseas Chinese and other people) who care about and support the development of Ningbo. He said, the 63 years witnessed China's great achievements, increase of overall national strength, improvement of people's living standard and the significant enhancement of China's international statu
Read more: National Day Reception held
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Category: Ningbo District
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Published: Tuesday, 02 October 2012 15:03
Ningbo Port Group and Xiangyang Municipal Government signed the modern logistics agreement for strategic partnership on the morning of September 28. The establishment of the Xiangyang Branch of Ningbo Port International Container Co. Ltd. and Xiangyang Office of Ningbo Port Southeast Logistics Co. Ltd. marks the official launch of Xiangyang-Ningbo railway-sea container linkage system.
As an important industrial city and transportation hub, Xiangyang features prosperous automobile manufacturing and textile industry. By fully playing its role as a transportation hub city with Xiangyang North Railway Station being the Asia's largest unidirectional longitudinal type of railway station, the city will make joint efforts with Ningbo Port Group to accelerate the opening of the special trains for transporting container cargoes from Xiangyang and its surrounding regions to Ningbo Port economically and conveniently.
Ningbo Port has before opened the railway-sea linkage system in such areas as inside Zhejiang Province, Jiangxi Province, the three provinces in the Northeast China, Xi'an and Chengdu.
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Category: Governmental News
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Published: Tuesday, 02 October 2012 15:03
The Fortune Management Summit 2012 was held recently at the Shangri-La Hotel, Ningbo. The Forum was jointly organized by Ningbo Daily Jiangxia Think Tank and Hangzhou Industrial & Commercial Trust. More than 100 entrepreneurs and scholars, including Liang Yaowen from Morgan Stanley and leaders of Hangzhou Industrial & Commercial Trust Co., Ltd. launched a brainstorming about trust and real estate development in China.
Trust, as the name implies, is "managing money matters entrusted by the people". The data released at the forum show that after 20 years of development the trust industry across the country has the total trust assets of 4.8 trillion yuan by the end of last year, which is an increase of 58% over 2010. By the end of June, this figure has soared to 5.54 trillion yuan, among which, the trust funds account for 95% of the total. Currently, the trust funds mainly go to basic industries, enterprises, real estate, financial institutions and securities.
It is worth noting that the once heated real estate investment trust among investors and developers have cooled down significantly. Statistics from the forum show that t the proportion of real estate trust funds account for less than 13% of the total and the absolute amount of trusts funds in real estate sector is coming down year by year.
Liang Yaowen pointed out that for investment in the real estate sector, the selection of cooperative partners should be based on a high-standard risk assessment, which is an extremely important work of the trust company before making an investment.
Many representatives at the forum believed that trust companies are playing increasingly important roles in management of personal wealth. In allocating private assets, attention should be paid on how to reduce risks to the minimum when allocating assets in different fields and in different economic cycles. The role of trust companies is to reallocate the funds entrusted by clients and invest in various fields and products of different cycles, aiming to yield the maximum benefits for customers. A survey shows that there are two million people who own over 10 million yuan of assets and that financial institutions currently have a relatively low number of such quality customers. Therefore, there exists a huge market for asset management.