Investment by returned merchants of Zhejiang origin grows
- Details
- Category: Ningbo News
- Published: Tuesday, 24 February 2015 12:19
The year of 2014 witnessed the growth of investment in Ningbo by merchants of Zhejiang origin, including such major projects as Shengwei Intelligence, Pharmaron and Huaqiang China's Revival Cultural Park. In the year, Ningbo introduced 889 projects by returned Zhejiang merchants, with a total investment volume of 65.789 billion yuan, up by 30% over the previous year, 199.36% of the planed annual target.
With the focus on industrial optimization and technological innovation, the business attraction work in 2014 features closer integration of projects and the industrial structure. The project introduction of the strategic emerging industries and the traditionally strong industries maintained good momentum, and the actual investment volume of the "4+4+4" industries by the returned merchants reached 28.142 billion yuan, accounting for 42.78% of the total investment, including 18.475 billion yuan for projects in the strategic emerging industries. The actual investment volume of such modern service industries as modern finance, modern logistics, cultural creativity industry and business conventions and exhibitions reached 13.993 billion yuan, accounting for 37.46% of the total investment in the tertiary industry. E-commerce became the new growing point for the business attraction with the settlement of such E-commerce enterprises as JD, Oracle and Yto-express.
In 2014, Ningbo introduced some equity fund projects including Junde Investment and Shoutai-Lixin Investment. Ningbo Jingda and Orient Cable started IPO. Intime Group acquired part of properties of the Romon Universal City and the BTG Hotels acquired 70% of the shares of Ningbo Nanyuan Group. The total volume of the returned capital in 2014 reached 18.06 billion yuan.
At the end of May 2014, Ningbo Housing International Home, located at Xiaogang Town of Beilun District, was put into trial operation. With the cordial and specialized services by Ningbo Municipal Foreign Trade and Economic Cooperation and Beilun District Government, the business square has attracted a bunch of returned lamp or construction material businesses throughout the country. Thanks to the professional services, a large amount of capitals and major projects were introduced in 2014. During the year, 135 major projects with the investment of above 100 million yuan were introduced with the actual investment volume of 32.715 billion yuan. So far, some major projects with the investment of billions of yuan, such as the Phoenix City of Songdai Town, the Geely New Energy Base, the Xidian New Town Project funded by the CITIC Group and the Cyclic Economy Industrial Park funded by the CECEP Group have been under construction and will be put into production in one or two years.
