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Zhenhai investment hits a record high

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Category: Ningbo District
Published: Tuesday, 18 September 2012 10:17

According to statistics by Zhenhai Development and Reform Bureau, industrial investment of Zhenhai reaches 5.596 billion RMB yuan from this January to August, up by 68.6% above the same period of last year, marking a new record in Zhenhai industrial investment.

The driving forces of the high investment are the startups of 58 new projects. Since the second half of last year, affected by retarded global economic recovery, Zhenhai economy suffers accordingly. To deal with this problem, Zhenhai District pays more attention on attracting investment and gives full support to large projects so as to drive economic development. Up to now, investment of Heyuan chemical engineering project, Jiangning chemical engineering project and Zhetiedafeng chemical engineering project amounts to 2.876 billion RMB yuan, accounting for 56.6 percent of the total investment.

At the meantime, technological transformation and renovation of Zhenhai local companies are vigorously advancing, which not only makes contribution to industrial investment, but also promotes the transformation of the pattern of economic development. For example, 110 million RMB yuan investment had been completed for the technological renovation project of Ningbo Xinfu chemical engineering Co., Ltd., a project of resource comprehensive utilization production line whose annual turnover of sulfuric acid production from sulfur-burning amounts to 600,000 tons. This project makes use of international advanced technology—American sulfuric acid production from sulfur-burning at a lower operating temperature, yielding more than 1 billion RMB yuan incremental income. Ningbo Alps Electronic Co. Ltd completed an investment of 85 million RMB yuan in the production line technological transformation of electronic products, and it is estimated that there will be 200 million RMB yuan incremental income annually after the transformation, with the profit and tax hitting 70 million RMB yuan. Statistics show, of the planned total investment of 5.758 billion RMB yuan in 113 technological transformation projects, 1.744 billion RMB yuan investment has completed, up by 24.3% over the same period of last year. Among all the 113 technological transformation projects, 52 projects have been listed as key projects with the total investment adds up to 1.16 billion RMB yuan. It is estimated that there will be 3.5 billion RMB yuan incremental income annually with the profit and tax hitting 300 million RMB yuan.

Cixi becomes the eighth most competitive county-level city

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Category: Ningbo District
Published: Tuesday, 04 September 2012 09:25

China Institute of City Competitiveness (CICC) published the ranking list of the most competitive county-level cities (2012) lately. Cixi was rated the eighth with a final score of 90.34.

The first city on the list is Kunshan City of Jiangsu Province, followed by Jingyin City, Zhangjiagang City, Changshu City, Wujiang City, Jinjiang City and Yixing City, all of which except Jinjiang City (Fujian Province) are cities of Jiangsu Province. Zhuji of Zhejiang Province ranked the tenth, while Shaoxing the 12th, Yiwu 14th and Yuyao 18th.

It is learned that the evaluation index system includes economic, social, environmental and cultural systems, with economic competitiveness, industrial competitiveness and financial competitiveness and other seven first level indicators, 50 second indicators as well as 217 third level indicators.

CICC is the first institute made up of over one hundred experts, scholars and researchers from mainland China, Taiwan, Hong Kong and Macao as well as from abroad who share the common ambition of studying the development of Chinese cities and improving their competitiveness. The institute is an international academic community which specialized in studying the development of Chinese cities and improving their competitiveness as well as providing counseling and evaluation services. The ranking list of the most competitive county-level cities (2012) is a newly-added list of this year. 

Zhejiang Zhoushan reservoir collapse has resulted in 10 people were killed and 27 injured

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Category: Ningbo District
Published: Monday, 13 August 2012 09:02

Source 2012-8-10 14:53:58 China News

Downstream many houses collapsed

Downstream villages has been destroyed
　　Daishan, BEIJING, August 10 (Reporter Zhao Ye Jiao) at 5:00 on the 10th or so, Zhejiang Province, Zhoushan City, Daishan the Magistrate coated the Shenjia pit reservoir collapse accident occurred. County deputy secretary of the county, the county magistrate Maojiang Ping told reporters that at present more than 10 people were killed.
　　Zhejiang Daishan, reservoir collapse events have resulted in 10 dead and 27 injured latest news network news network reporters do understand that just propaganda from Daishan County, Zhoushan City, according to the latest site to verify the statistics and the Daishan Magistrate Tu the Shenjia pit reservoir occurred collapse accident, 10 people were killed and 27 injured. At present, Zhoushan City, Daishan county leaders in the field and direct the rescue, is to carry out the second round of the carpet rescue search and rescue work. CCTV network reporter Lee flute reports
　　It is reported that, Daishan for the second largest island in Zhoushan Archipelago.

Cixi private enterprises increased input for technical transformation

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Category: Ningbo District
Published: Tuesday, 04 September 2012 09:18

Recently, Cixi Singfen Electric Co., Ltd. invested 20 million Yuan for press automation transformation. The original seven production processes were shortened to one automatic molding one. The new added output of Singfen was expected to 4 billion Yuan in 2012.

This year, a group of Cixi private enterprises increased investment in technology transformation. Up to now, 197 large-scale technical transformation projects were launched with a total investment of 18 billion Yuan. The average investment of each project reached nearly 10 billion Yuan.

According to the introduction of Cixi Economic and Information Technology Bureau, the price of many industrial devices reduced in 2012 in terms of the weak global economic situation. It was a good opportunity grasped by Cixi Companies to develop technology transformation and adjust industrial structure. In order to give more support, Cixi government assigned an annual prize of 40 million Yuan for technology transformation and 30 million Yuan for the investment in emerging industries, up nearly 50% over last year.

The main direction of technology transformation of Ningbo private enterprises was developing new emerging industry. It was learned that a total of 59 projects with each investment of over 10 million Yuan were launched in emerging industry, accounting for one-third of the total technological transformation projects.

At the same time, a reform of technical promotion was accelerated in the traditional industries in Cixi. The Cixing Group Co., Ltd. adopted a series of advanced manufacturing equipments and produced a group of high–class bearings assorted with some global car brands including Benz, BMW and Ford, which made a high increase in the added value

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