Copyright 2024 - Ningbo Life / Ningbo Expat

Twenty-two projects of services signed with Hong Kong

On the forum of modern urban construction and development, which is part of the Ningbo-HK Economic Cooperation Forum was held in Hong Kong on Oct. 25.
Twenty-two joint projects of urban services were signed between Ningbo and Hong Kong.
These 22 projects, to name but a few, included MGM Hotel’s “cool city” project invested in the New Eastern Urban Area (NEUA), Huarun New Energy Holdings’ new energy project invested in Ninghai county, Hong Kong Shenggao Land’s Xiejia residential and commercial complex project in Jiangbei District of Ningbo as well as Hong Kong Chengbo Company’s Chengbo landing and capital increment project in Jiangdong District of Ningbo.

Hong Kong Enterprises in Ningbo total 5500

The press conference of 2011 Ningbo - Hong Kong forum on economic cooperation and on talents policy and planning was held on October 24th at Hong Kong Convention and Exhibition Centre. Vice mayor Wang Renzhou of  Ningbo gave presentations on the development of Ningbo’s economy and society, Ningbo’s objectives during the 12th Five Year Plan and the prospective of Ningbo - Hong Kong cooperation. Leaders from Overseas Ningbo Affairs Office made a presentation on the Ningbo - Hong Kong forum on economic cooperation. And leaders of Ningbo Ministry of Human Resources and Social Security presented the talents policy and program.
It is learned that since its initiation the Forum has so vastly promoted the economic development of Hong Kong and Ningbo that the bilateral trade amount reaches 2.36billion US dollars. Till the end of this September, there are more than 5500 Hong Kong Enterprises in Ningbo and Hong Kong fund utilized in Ningbo accumulates to 12.2 billion US dollars. And there are 211 Ningbo enterprises in Hong Kong with a total investment amount of 1.14billion US dollars. Seven enterprises have made their initial public offerings.
It is learned that the 2011 Ningbo - Hong Kong forum includes its opening ceremony and 10th anniversary, main forum and special forums, etc.
According to the leaders from the Ningbo Administration of Human Resources and Social Security, Ningbo has made the “3315” Plan, by which it is hoped that by 2020, Ningbo will have 30 people in the National Recruitment Program of Global Experts, 300 in the provincial-level Recruitment Program and 1000 in the municipal-level Recruitment Program. Ningbo government will offer a new innovation fund of 1million Yuan for those in the Municipal Recruitment Program and an extra fund for those in the National and Provincial Recruitment Program. Team members of these experts can get a maximum fund of 1million Yuan. At the same time, Ningbo government will set a special fund of 100 million Yuan to recruit globally about 5 high-end innovation teams.

Ningbo released white paper of energy utilization

Saving energy and protecting environment is the basic policy of the country and it is essential for the ecological construction of the city. On October 13, Report of Energy Uses in Ningbo 2010, compiled by Ningbo Municipal Economic Information Commission and other related departments, was officially released. This is the first white paper of energy uses released in the early period of the 12th Five-Year-Plan Period.

According to the report, in 2010 the comprehensive energy consumption of Ningbo is around 35,360,000 tons of standard coal, increased by 12,6% above the previous year. The energy consumption per 10,000 yuan GDP levels the same period in the previous year. Compared with the proceeding year, the energy consumption for the per 10,000 yuan added value of the first and the third industries drops down. The energy consumption for the per 10,000 yuan added value of the second industry rises by 1.57% above the previous year.

In 2010, the industrial energy consumption amounts to 26,710,000 tons of standard coal, with an increase of 20% over the previous year. Of the total, the energy consumption by large industrial enterprises increases by 15% over the previous year. This shows that the industrial energy consumption covers about 70% of the total. The major sources of energies are coal, petrol products, electric power, gas and thermal power. In the last year, the consumption of raw oil, coal and power shows and upward trend. In the year, the consumption of natural gas by large industrial enterprises is 3.13 times that of the previous year and the consumption of the liquefied natural gas, 39.3 times.

"In the coming 5 years, we'll have a severe situation for energy saving in industries," said an authority of a related department of Ningbo Municipal Economic Information Commission. The high industrial energy consumption is a major problem in the work of energy saving in Ningbo. In terms of the per unit energy consumption of industrial products and the energy consumption efficiency, we are quite behind the advanced international levels.

According to the report, the domestic energy consumption amounts to 2,584,000 standard coal, decreased by 17% against the same period of the previous year. However, the per capita energy consumption increases by 12%. "In the coming 5 years, rational and efficient use of energy is the key to energy saving," said a related authority of Ningbo Municipal Economic Information Commission

Transnational Procurement Meeting of the IFF Sees Business Brisk

On the morning of October 21st, the booth of LECOZIONI MENSWEAR INC from America in the IFF OEM Garment Hall at the international exhibition and exhibition center saw various clothing samples coming in from garment enterprises. Fred Azizia, president of the company, planned to make purchases at the transnational procurement meeting of fair. He had received over ten enterprises before noon.
It was learned that hundreds of procurement negotiations had been held and 80 more agreements had been made on the single morning.
Two thirds of the 75 enterprises from 21 countries at the meeting are from emerging economies. Yesterday morning, businessmen from India, Indonesia and Mauritius purchased a large quantity of clothes.
Foreign purchasers spoke highly of the procurement meeting. Javier Mesa, a chairman of a Spanish company said that this was his first time to participate in such a fair. He deemed the fair really had a point since he could speak to the factory directly.

Conference of Professional Managers 2011 to open in Ningbo

Hosted by Ningbo Municipal Government, China Association of Middle and Small Enterprises, and China Professional Managers Association, the Conference of Professional Managers 2011 is going to open in Ningbo from October 25 to 27.

Some senior managers all over the country will be invited to the conference for the discussion of how to overcome the difficulties and how to help enterprises to find new economic growth points. At the meeting, China Professional Managers Association will initiate elections of "the most valuable professional managers", "the entrepreneurs most praised by professional managers", and "the most favored cities by professional managers".

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