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State Council approves the opening of Meishan Port

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Category: Ningbo District
Published: Tuesday, 20 March 2012 13:14

The State Council approved the opening of the Meishan Free Trade Port Zone and the No.2 berth in Beilun Port of Ningbo Port, according to news from Meishan Port on March, 14. 
The approved open areas are along the 27 kilometers of coastlines along Meishan Island, including the No.1 to No.5 quay berths for containers as well as the first two multi-functional quay berths.
It generally took one and a half hour to inspect every foreign ship because of the limitation of temporary opening since its operation from August of 2010. The approval of official opening could decrease the time to one hour, saving several hundred U.S. dollars each ship according to the current cost standard.
As the fifth national Free Trade Port Zones, Meishan Port is the core area of the demonstration region for the development of maritime economy in Zhejiang and the Zhejiang provincial industries clustering zone with the most marine features. As one of the officers in the Administrative Committee of Meishan Port put it, the opening of the port could become an impetus to the development foreign trade and port logistics. Therefore, the official opening of Meishan Port will give full play to the preferential policies enjoyed by the port and thus drive the development of such marine industries as international logistics, international trade and coastal tourism, etc. around the port areas.   
It is introduced that the approval of the State Council will involve the following matters: the opening of the ship routes and the water-land transshipment, the setting of the inspection institution, the staffing level and extent of power for administrative examination and approval etc. Moreover, the related software and hard ware will also been constructed as soon as possible

CCTV spotlighted on Beilun's public rental housing

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Category: Ningbo District
Published: Tuesday, 20 March 2012 13:10

The production crew of CCTV made a trip to Beilun recently, to make an interview on Beilun’s construction of public rental housing by enterprises themselves.
Beilun is the first district in Zhejiang where migrant population exceeds the local population. The district pays high attention to the housing problems of migrant workers. In the recent years, Beilun government has put into great efforts to improve the housing security system with the building of public rental housing as its main part while investing funds in constructing low-renting houses. Last October, Beilun authority carried out the trial policy for the constructing public rental housing and firstly launched the construction of houses with enterprises’ capital, the act of which won appreciation from Zhejiang Provincial leaders.
　　In the two-day interview, CCTV interviewed Beilun officers who are in charge of the program, mainly centered on topics that where to arrange land resources and how to engage needy enterprises into this program etc. At the same time, they also made spot interview at the construction sites of Ningbo Steel Co., Ltd. and Shenzhou Knitting Co., Ltd

A ship of Maersk calls Daxie Port

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Category: Ningbo District
Published: Tuesday, 28 February 2012 11:21

On February 18, MAERSK EDISON, a ship carrying 13102 teus, called Ningbo Daxie China Merchants International Container Terminal. There it unloaded 7,575 TEUs and loaded 568 TEUs. It is the first ship of Maersk that calls Daxie Port, indicating that the AE20 line of Maersk was officially open in Ningbo Daxie China Merchants International Container Terminal. This line will considerably promote the shipping business of Daxie. MAERSK EDISON, of the UK, 141,649 in tonnage, is one of the largest container ships of Maersk.

Yuyao granted more loans to enterprises

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Category: Ningbo District
Published: Monday, 05 March 2012 09:47

According to Yuyao Branch of the People's Bank of China, in the last year, the banking institutions in Ningbo further strengthened their services to the real economic bodies. In the squeezing macro economic situation, they made great efforts to support middle and minor enterprises and contributed to the stable and healthy development of the local economy. By the end of December 2011, the balance of domestic and foreign currency loans of Yuyao amounts to 95.86 billion yuan, 11.89 billion yuan more than the beginning of the year. Of the total, the balance of loans to small and medium-sized enterprises reaches 66.41 billion yuan, 8.44 billion yuan more than the beginning of the year. The total of loans to small enterprises accounts for over two thirds of the total of loans.

In the last year, Yuyao issued "Notice on Improving Financial Services for Middle and Small Enterprises", which provided a policy support for the development of small and medium-sized enterprises. In the meanwhile, the city took a series of actions to create a good environment for the financing of small and medium-sized enterprises.

All the financial institutions strengthened the support to the emerging industries. So far, 41 key scientific and technological programs of the city have got loans from the banks, which add up to 5.3 billion yuan. By the end of last year, the balance of loans reached 3.8 billion yuan, increased by 32% above the same period of the previous year, 16.26 points above the average growth rate of loans in the city

Foreign Trade with Europe and US via Ningbo Port grows explosively

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Category: Ningbo District
Published: Tuesday, 21 February 2012 10:01

Due to the severe cold spell in the northern hemisphere, Europe and US were terribly battered by the heavy snow recently. However, foreign trade enterprises in Ningbo find enormous business opportunities. According to Ningbo Customs, containers with down jackets, heating equipment and other commodities are being exported to Europe and North America.

Despite the instability and uncertainty of world economy, foreign trade enterprises in Ningbo are seeking new opportunities. According to the statistics from Ningbo Customs, the foreign trade via Ningbo Port reached 17.86 billion USD in January, 2001, up 4.2% over the previous year. EU continues to be the largest export market of Ningbo Port. The trade volume between EU and Ningbo was 3.63 billion USD, up by 4.4%, with 3.32 billion USD of export output increased by 5.3%. The export output to US market reached 1.95 billion USD, up by 4.8%.

Those responsive private enterprises took the lead to embark new market in Europe and US. Several days ago, Ningbo New Ziyuntang Aquatic Products Co. Ltd and American North Food Co. Ltd reached an agreement that traditional Chinese food like dried purple seaweeds and potherb mustard will be put into US market no later than March, 2012. Apart from the existing product lines, Ningbo South Pacific Hotel Device Co. Ltd has started to produce table furnishing articles and has seen orders filing in from EU market after Spring Festival. It is estimated that import and export output of Ningbo private enterprises has hit 8.45 billion USD in January, up 9.4% and accounting for 47.3% in the total volume that time.

Due to seasonal factors like the Spring Festival holiday, importations of plastics in primary forms, metal scraps, coal, grain and other resource commodities have decreased

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