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23 projects of Ningbo to be signed on the upcoming three trade events

A special meeting was held to promote the signing of investment contract in the upcoming 3 expositions, whose names are “The 3rd Expo of Central and Eastern Europe”, “The 19th ZJITS”, and “The 16th CICGF” in respective. According to this meeting, the government and some companies of Ningbo are going to sign 23 important investment agreements this year, with a total amount of 4.482 billion dollars, which is 94.9% more than that of last year.

Compared with former ones, these project contracts have some new features. Firstly, foreign investors from different countries have increased a lot. Originally, investors only come from several countries, including the United States, France, Japan and so on, but this year, some investors from Israel, Norway and the Czech Republic etc. will also participate. 

Secondly, the percentage of high level projects also shows an upward trend. To be specific, as many as 43% of the 23 projects are high-level manufacture projects, among which there are mergers and acquisitions of companies in Ningbo by some of the world’s top 500 enterprises, production lines with the productivity of 6 million air purifying equipment per year, as well as manufacturing of

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Ningbo and Zhejiang business people back for city development

Each generation has something valuable to offer. Over recent years, hosts of Ningbo and Zhejiang business people come back for the transformation and upgrade of Ningbo economy in projects at an extended scale ranging from investment and trade to public welfare. Their return injects new spirit into the “Famous city” construction.

The data shows, over the last 5 years, the total projects reached 1,663 with an actual capital of 218.06 billion yuan, up by 26.1% than last year, coming the first in Zhejiang Province, which also promoted an investment growth of 89.34 billion yuan from other resources, taking up 24.6% of the total investment in Ningbo. Their return boosted the tax revenue; the total tax revenue reached 44.92 billion yuan.

Ningbo and Zhejiang businesspeople always play a significant role in Ningbo’s development. There is a growing number of them coming to and settling in Ningbo because of the enhancement of major project promotion mechanism, of the investment environment and of the upgrade of government services. Government has participated in 800 projects over the last 5 years and customer satisfaction of the government administrative approval services reached 100%

Haining Economic Promotion Association established in Ningbo

The Ningbo branch of Haining Economic Promotion Association was established on May 6, with the aim of promoting the economic, social and cultural exchanges between Ningbo and Haining. 56 enterprises of Haining origin became the first members of the association and Fu Mingde was elected director of the association.

As both are cities at the Yangtze River Delta area, Ningbo and Haining have similar geographical conditions and humanity traditions. Since the beginning of the reform and opening-up policy, an increasing number of entrepreneurs of Haining origin have started their own businesses in Ningbo. So far, there are several thousand entrepreneurs of Haining origin in Ningbo, who have started or co-founded over 70 enterprises in such fields as real estate, logistics, business and trade, import and export, cultural media and printing. Some prominent brands are developed by such enterprises, including the Kaiyao Electronics, Sugar Report, Doctor Miao Nationality, and Qilai Pet Clinic.

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US department store giant comes to Ningbo

A batch of cross-border commodity packages from the Macy's were received and cleared by the inspection and quarantine departments of Ningbo Airport, marking the official settlement of the department store giant at the airport, which means that the Ningbo citizens can have access to the globally prominent brands of the department store in the form of direct mail.

Macy's Inc., founded in 1858, is one of the largest retail department stores in the US. With about 800 stores throughout the country, it is one of the World's Top 500 Enterprises of the Fortune Magazine in 2016. The official website of Macy's will soon be launched to provide more brands to the Chinese consumers. As is reported, the department store expects to bring about 40,000 categories of registered commodities on the cross-border e-commerce system of Ningbo Airport, mainly including the prominent brands in such fields as clothes and shoes, high-end cosmetics, jewelry items and household goods. 

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Ningbo trade group yields a bumper harvest at the 13th China International Animation Festival

Ningbo animation businesses harvested quite abundant in the 6-day 13th China International Animation Festival which ended in Hangzhou May 3. 

The participating animation enterprises from Ningbo received more than 200 thousand visitors and negotiated business with more than 100 television stations and new media platforms. They had 35 projects signed on the spot (including agreements of intent), involving acquisition of copyright, picture book development, authorization, reshooting of popular plays online, with the aggregated amount of 2.698 million yuan. Besides, they registered/recorded 200,000 yuan in sales of animated products. 

It’s worth mentioning that the Zhejiang Weiwei Cultural Creative Co., Ltd. signed contracts on trading of derivatives with the headquarters of Zhejiang Xinhua Bookstore, among which, one contract is about Chong Qi Xian Niang, a product of Ningbo Yikun Digital Technology Co., Ltd., which has seen the hits totaling 100 million on Tencen

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