Copyright 2024 - Ningbo Life / Ningbo Expat

Ningbo makes a historical new high in investment in public traffic

This year, Ningbo Public Traffic Company put into use 129 buses of new energies, 96% of which are up to the National Grade III Emission Standard. It is learned that this year the financial support to public traffic will reach 800 million yuan, a historical new high in the investment in public traffic.

In the past five years, Ningbo has put into agenda the development of public traffic and the financial investment has been growing steadily. Since 2009, the annual growth rate of the local financial support to public traffic reaches 3 points. In 2072, it amounts to 730 million yuan, and this year the total financial input will amount to 800 million yuan, 80% of which are for subsidies for public buses and bus upgrading.

Statistics show that the number of buses increased from 3,700 five years ago to 5,000 this year, including over 1,000 gas-fueled buses. The total length of the bus routes increased by over 700 km annually, covering all the urban and rural areas. Meanwhile, the integration of the public traffic in urban and rural areas is developing fast with the coverage rate reaching 75%, 10 points higher than the last year.

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China Food Expo to open on November 15

According to the press conference on China Food Expo 2013, China Food Expo is to open in Ningbo International Conference and Exhibition Center from November 15 to 18. Compared with the past years, China Food Expo 2013 is the largest in scale and over 50% of the food on the Expo are imported foods.

China Food Expo this year is jointly organized by Zhejiang People's Government, China Federation of Commerce and China National Light Industry Council. The expo will open in 9 halls, 7 temporary halls and 2 permanent ones. The exhibition area totals 76,000 square meters, with 3,800 exhibition stalls. Besides the food of famous Ningbo local brands, the expo will have foods of leading enterprises from Fujian, Tianjin, Hainan, Guizhou, Chongqing and Changchun.

The Expo will have food enterprises from over 30 countries and regions, including top wine suppliers from 10 countries like France, Italy, Australia, USA and Argentina. A half of Hall 1 will be for imported food, and Hall 2 is completely for imported food, like home appliances, like wine and milk products. 80% of Hall 8 is for food from Taiwan. Together with the exhibits in the two permanent exhibition halls, the imported food will cover over 50% of the food commodities. It is noted that the expo this year will have over 200 Taiwan delegations, with over 2,50 exhibition stalls. The Taiwan exhibition area in the expo is the largest so far in Mainland China.

In the expo there will be a series of economic and trade activities, including the purchasing fair of top 100 enterprises, fair of large chain purchasers, and fair of Ningbo quality farm products. At present, Over 100 enterprises including some top 100 enterprises will come to the expo. And at the same time, During China Food Expo 2013, "China Food Forum" will open. The topic of the forum will be "the digital epoch and the food industry". The forum will release the list of top 100 food enterprises of China. There will be activities like elections of "Most Favored Food Brands of Zhejiang" and Awards of China Food Expo.

Steady progress of strategy of "rejuvenating the city by industries" in Ningbo

The strategy of "rejuvenating the city by industries" of Ningbo is advancing steadily. Since September last year, the industrial operation has maintained a steady growth and in July, August and September this year, the large industries all have their output exceeding 100 billion yuan.

This year, confronted by the severe and complicated international and domestic environment and unprecedented disastrous weather, Ningbo has made its best to maintain economic growth, adjust the structure and promote the transformation. As a result the investment has increased rapidly and the economic efficiency has notably increased. From January to September, the total industrial added value of large industrial enterprises amounts to 165.4 billion yuan, increased by 8.0% year on year; the total industrial output amounts to 922.6 billion yuan, increased by 5.7% year on year. In July, August and September, the monthly output is above 100 billion yuan and it rises month by month.

Owing to the continuous slumping of the export market, the domestic sales of industrial products increased. From January to September this year, the sales of the large industrial enterprises of Ningbo added up to 694.4 billion yuan, increased by 8.1% year on year. Of the 36 industries, 10 industries including the automobile industry increased by 10%.

Thanks to the petrol processing industries, Ningbo had a fast increase in the efficiency of the industrial economy. From January to September this year, the profit tax of large industrial enterprises amounts to 90.5 billion yuan, increased by 24.5% year on year. Of the total, the profit totaled 46.7 billion yuan, up by 38.5% year on year.

From January to September, the industrial investment so far completed added up to 77.72 billion yuan, increased by 24.9% year on year, 6.3 points higher than the increase rate of the total social investment in fixed assets. The industrial investment accounts for 30.1% of the total social investment in fixed assets.

The investment in innovation is growing with the output of new products rising steadily. From January to September, the expenditure of the large industrial enterprises on scientific and technological programs totals 11.04 billion yuan, increased by 9.9% year on year. The output of new products added up to 205.59 billion yuan, increased by 23.1% over the precious year, with the growth rate 17.4 points higher than the same period of the last year. By the end of September, the city has 7,665 patent rights for invention, increased by 26.7% year on year. In the year, the city granted 1,683 patents for invention, up by 11.1% year on year.

Top 100 Ningbo Brands 2013 released

According to the press conference of Ningbo Merchants Summit Forum 2013, in 2013, the total value of the top 100 brands of Ningbo reaches 308.2 billion yuan, 40.4 billion yuan more than the total of 267.8 billion yuan in 2012. Of the top 100, Youngor ranks the first for its value of 15.56 billion yuan.

On the list of the top 100 this year are 8 brands whose value each is above 10 billion yuan. These brands are: Youngor, Fotile, Port of Ningbo, Bank of Ningbo, Aux, Firs, Peacebird and Sacon. 2013 has 4 such 10-billion brands than in 2012. This year the threshold for the top 100 is 380 million yuan, 700,000 yuan more than the threshold in 2012. On the list of the top 100 are 19 new brands. In terms of geographical distribution, Yinzhou District has 22 10-billion brands, ranking the first. Haishu District and Beilun District have 20 and 12 respectively, ranking the 2nd and 3rd respectively.

The election of the Top 100 Ningbo Brands 2013 is jointly organized by Ningbo Merchants Development Research Association, the Research Group of Brand Strategy of Chinese Academy of Social Sciences and China Market Association. Compared with the last year's list, the list of the top 100 is broader in scope, comprising those brands that concern people's livelihood: public service brands, business district brands and tourist brands. These brands include Hangzhou Bay Bridge, Ningbo Southern Business District, and Ancient Qiantong Town.

Ningbo Expat Mixer 6-11

Once again old and new friends did meet at the Ningbo Expat Mixer. This time the location was moved into the lobby bar of the Shangri-La Hotel as an event of COSCO shipping did required the lobster and grill bar for their own.

With about 35 expats and chinese friends attending the evening, it was once again a good occasion to mingle and talk about Ningbo today and yesterday. Newcomers did get some valuable impressions and hints how, what and where to go and to do. From shopping to entertainment, from dentist to sightseeing.

The next Ningbo Expat Mixer is scheduled for December 4th in Shangri-la hotel. If you are not receiving the regular free newsletter, please do sign up for it. The link is on top of this site.

For those who don't know it yet:

ningbo expat Mixer-2>>Meeting Schedule here<>>NINGBOEXPAT MIXER”. -OPEN FOR ALL each first Wednesday of the month preferably at the Ningbo Shangri-La Hotel Lobster and Grill bar 19.00 till 21:30. Selected Drinks - Draft Beer at Rmb 35/mug only, Red and White Wine at Rmb 35/glass, Soft Drinks- Juices at Rmb 25.Complimentary finger food   A great place for new comers to Ningbo too. Free Entrance and “no strings attached

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