Copyright 2025 - Ningbo Life / Ningbo Expat

Export credit insurance safeguards foreign trade enterprises

It is quite unexpected for a foreign trade enterprise that a reliable customer would go out of business in a sudden A US business, once a reliable customer of a household heater dealer in Cixi County, has been making purchases in China for over 20 years, with annual sales volume of over 200 million dollars, and has business relations with many enterprises in Ningbo. Recently, when the Ningbo branch of China Export & Credit Insurance Corporation handed over a compensation payment of 1.8 million US dollars to the foreign trade in Cixi County, the person in charge of the enterprise said, "Fortunately, we have been covered by the export credit insurance, otherwise the losses would be unimaginable". 

Since the beginning of this year, the world economic landscape has been complex and ever-changing. Faced with the potential emergence of "black swan events" and "grey rhinoceros events" at any time, Ningbo has given full play to the financial tool role of export credit insurance, increased countercyclical regulation, and fully assisted enterprises in expanding the market, seizing orders, and preventing risks. In the first five months of this year, the Ningbo branch of China Export & Credit Insurance Corporation has cumulatively approved a risk

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2023 Ningbo-Hong Kong Economic Cooperation Forum to be held

The 2023 Ningbo-Hong Kong Economic Cooperation Forum will be held in Hong Kong on June 27. The event will surely reflect the bright light of Ningbo, the "Oriental port", and the romantic style of Hong Kong, the "Oriental pearl", and serve as a wonderful chapter of the story between the two cities.

Ningbo and Hong Kong are both international port cities, with close blood ties, cultural connections, commercial connections, and a long history of communication. Since the first Ningbo-Hong Kong Economic Cooperation Forum was held in 2002, the two cities have utilized local sentiment as a link and the forum as a medium to attract investment, talents, and social exchanges, with complementary advantages and mutual benefit.

The achievements of the previous sessions of the forum can be shown by the following statistics: 259 cooperation projects were signed at previous forums,

Read more: 2023 Ningbo-Hong Kong Economic...

Who is the "Yangmei King" in Ningbo?

More than 60 Yangmei samples from the city participated in the competition

On June 20th, the 2023 Ningbo Boutique Yangmei Selection, hosted by Ningbo Agricultural Technology Promotion Station, was held in Cicheng, Jiangbei District. At the selection, 64 samples of Yangmei

from all over the city competed for the Gold and Silver Award through comprehensive evaluation of appearance, taste, and other factors.

At 9:30 am on the same day, participating Yangmei from various farms were successively delivered to the venue, and the staff numbered and placed the samples one by one.

Read more: Who is the "Yangmei King" in Ningbo?

2023 Ningbo-Hong Kong Economic Cooperation Forum to be held

The 2023 Ningbo-Hong Kong Economic Cooperation Forum will be held in Hong Kong on June 27. The event will surely reflect the bright light of Ningbo, the "Oriental port", and the romantic style of Hong Kong, the "Oriental pearl", and serve as a wonderful chapter of the story between the two cities.

Ningbo and Hong Kong are both international port cities, with close blood ties, cultural connections, commercial connections, and a long history of communication. Since the first Ningbo-Hong Kong Economic Cooperation Forum was held in 2002, the two cities have utilized local sentiment as a link and the forum as a medium to attract investment, talents, and social exchanges, with complementary advantages and mutual benefit.

The achievements of the previous sessions of the forum can be shown by the following statistics: 259 cooperation projects were signed at previous forums,

Read more: 2023 Ningbo-Hong Kong Economic...

First China Aviation Manufacturing Equipment Expo will come to Ningbo in October

On the afternoon of June 20th, it was learned from the Municipal Service Industry Development Bureau that the first China Aviation Manufacturing Equipment Expo will be held in our city in October this year.

It is reported that this Expo is the first exhibition project created by Aviation Industry Corporation of China. It will bring together the resources and wisdom in the global aviation manufacturing field, with a total of six exhibition areas, aiming to build the Expo into a communication and cooperation platform for domestic aviation manufacturing equipment exhibitions.

“As the flower of modern technology and industry, the aviation industry can enhance its independent innovation ability and drive the rapid development of high-tech industrial clusters. "Bao Zhaoxin, Director of the Exhibition and Logistics Development Department of the Municipal Service Industry Development Bureau, informed us that the aviation industry has a strong fit with the layout of Ningbo's leading industries and strategic emerging industries.

Read more: First China Aviation Manufacturing...

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