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Strategic emerging industries grow rapidly in Ningbo

The AioT enterprise intelligent IOT robot project has cooperated with Yuyao County and Shouyi Fengguang new energy technology project has settled down in Zhenhai District. Recently, the “Investment in Ningbo” docking meeting for central enterprises and famous enterprises was held in Beijing, leading to 17 investment and cooperation intention projects, with a total investment of 16 billion yuan (including a foreign investment of $1.06 billion), involving such fields as new energy, new materials, marine equipment, information technology, robotics, biomedicine and smart transportation, with the focus on the development of strategic emerging industries.

The strategic emerging industries represent the direction of a new round of technological revolution and industrial transformation, and are key areas for cultivating new driving forces for development and gaining new competitive advantages in the future, with enormous development potential. The Ningbo Municipal Party Committee attaches great importance to the cultivation and growth of strategic emerging industries. In recent years, Ningbo has focused on building a modern industrial system, accelerating the construction of a “361” trillion level industrial clusters, and achieving rapid development of strategic emerging industries.

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“Paper Gold” helps Ningbo expand its seaway

The certificate of origin is an important document in international trade that enjoys tariff preferences from the importing country, and is known as the "Paper Gold" in trade. In the first eight months of this year, Ningbo Customs issued a total of 259000 certificates of origin, involving a value of 10.83 billion US dollars. Among them, the customs issued 19000 RCEP certificates of origin, with a value of 730 million US dollars, an increase of 23.4% and 1.5% year-on-year, respectively.

The "paper gold" has enhanced the comprehensive export competitiveness of Ningbo's foreign trade enterprises, and also opened up a broader overseas market for " Excellent Products of Ningbo Enterprise".

Nowadays, more and more export enterprises are proficient in using various preferential trade agreement policies and rules such as RCEP and bilateral trade agreements

How can Ningbo Enterprises seek opportunities in the

United Nations procurement market?

On September 7th, the 2023 United Nations Procurement Promotion Conference Ningbo, China was held at the Ningbo International Convention Center, attracting over 300 representatives of key industry enterprises from multiple provinces and cities to participate and receive practical training, including many local enterprises in Ningbo.

United Nations procurement is an important component of international public procurement. For Ningbo, ranking 6th in China's foreign trade and with an annual import and export volume exceeding 1.2 trillion yuan

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The total import and export volume of Ningbo's foreign trade

in the first 8 months reaches 842.9 billion yuan

On September 13th, it was learned from Ningbo Customs that in August,  the total import and export volume of Ningbo reaches 115.44 billion yuan, up 7.3% compared to the same period last year, reversing the two consecutive months of year-on-year decline since June.

Both exports and imports have achieved year-on-year growth. Among them, the export value reaches 76.94 billion yuan, up 8.4% year-on-year; The import volume reaches 38.5 billion yuan, a year-on-year increase of 5.1%.

Affected by the significant rebound in imports and exports in August, Ningbo achieved a total import and export volume of 842.9 billion yuan from January to August this year, with a year-on-year decrease narrowing to 1.6%.

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Ningbo Continues to Deepen the Policy of "Direct and Fast

 Process" Expected to Reduce the Burden of Enterprises by More than 46 Billion Yuan This Year

Yesterday, it was learned from the Municipal Burden Reduction Office that the "Implementation Plan for Further Reducing the Burden on Enterprises in Ningbo to Help Optimize and Improve the Business Environment "No. 1 Reform Project" has been issued. According to the Implementation Plan, the city will continue to deepen the policy direct access mechanism this year, and it is expected to reduce the burden of the city's business entities by more than 46 billion yuan.

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