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Category: Ningbo News
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Published: Tuesday, 21 May 2013 16:37
The Hang-Yong High-speed Railway will open on June 30. On the afternoon of May 15, a test run at a speed of 300 km/h was made from Hangzhou Dong to Ningbo Dong, taking 52 minutes.
The Hang-Yong High-speed Railway has 7 stations: Hangzhou Dong, Hangzhou Nan, Shaoxing Bei, Shangyu Bei, Yuyao Bei, Gaoqiao and Ningbo Nan. Part of the Hang-Yong High-speed Railway is through the Xiao-Yong Railway.
The time taken from Ningbo Dong to other station is: 5 minutes to Ningbo Nan; 10 minutes to Zhuangqiao; 19 minutes to Yuyao Bei; 26 minutes to Shangyu Bei; 32 minutes to Shaoxing Bei; 40 minutes Hangzhou Nan and 52 minutes to Hangzhou Dong.
When Ningbo South Railway Terminal puts into use, the time taken from Ningbo to Hangzhou Dong will reduce to 45-47 minutes and 33-35 minutes from Ningbo to Hangzhou Nan.
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Category: Ningbo News
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Published: Tuesday, 21 May 2013 16:36
2013 China Zhejiang Import Goods Expo is to open in Ningbo. At present the business invitation has made a great success. According to the news conference held on May 14, though the organization committee increased the number of exhibition stall from 500 to 900, all the stalls had been ordered out a month ago. So far, tens of thousands of commodities from over 30 countries and regions including Germany will exhibited in the expo.
From June 8 to 11 will open 2013 China Zhejiang Import Goods Expo during Zhejiang Investment and Trade Symposium and the 10th China Ningbo Consumer Goods Expo. This year is the first year for 2013 China Zhejiang Import Goods Expo. The place for the Expo will be Hall 7 and Hall 8 in Ningbo International Conference and Exhibition Center, with the exhibition area totaling 16,800 square meters. From June 9 the expo will open for free to visitors. Hall 7 will be for commodities from Europe, America and Australia. Hall 8 will be for consumer goods from Asian countries and Taiwan, like household goods, clothes, medical and fitness products, food and agricultural products, electronic products, digital products, electromechanical equipment, and outdoor goods.
The expo will consists of two parts: the exhibition and a series of themed activities including purchasing talks, new product promotion conference and so on. Over 250 famous-brand products of over 30 countries and regions including Germany, Italy and South Korea will be on display in the expo.
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Category: Ningbo Business
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Published: Tuesday, 21 May 2013 16:36
Thanks to Ningbo Hefeng Creative Square, the concentrating effect of industrial design is more and more outstanding. So far, Ningbo has initially built a great platform for the creative industry that consists of the Hefeng Creative Square, Ningbo National University Science Park, Ningbo Digital Science Park, Ningbo Creative 128 Park and Ningbo 134 Creative Valley.
Updated statistics show that in the last year, the total business income of the creative industry reaches 16.47 billion yuan, up by 23.4% year on year. Of the total, the turnover of industrial design amounts to 3.16 billion yuan, up by 25% year on year.
Ningbo Hengfeng Creative Square is the core and leader of Ningbo’s industrial design industry. So far, the square has housed 104 companies, with over 2,700 people engaged in the creative industry. In the last year, the total output of the industry reaches 380 million yuan, and the output of related industries exceeds 38 billion yuan. In this respect, Ningbo is in the front rank of Zhejiang in the construction of featured industrial design bases.
Thanks to Hefeng Square, Ningbo has had 24 products winning the Red Dot Award and 8 designers promoted to be Zhejiang’s first group of senior industrial designers.
With full affirmation to the development of the industrial design industry, Mao Guanglie said that industrial design is an important part in industrial innovation and this is the principle that Zhejiang should adhere to. He said that in the time to come, the province should further strengthen the policy guide and support to the industrial design industry, strengthen the link between enterprises and intelligent resources, speed up the industrialization of the industrial design industry, and build some first class industrial design bases as a means to upgrade the economy of Zhejiang.
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Category: Ningbo Business
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Published: Tuesday, 21 May 2013 16:35
"In the first four months in 2013, we have nearly 50% of the export trade to Germany settled by RMB, and this alone has cut down the losses of 400,000 yuan possibly brought out by the appreciation of the yuan. Meanwhile, the RMP settlement has helped us to save the money in the clearing of currency in need of hedging, " said Hui Zhen, Fund Manager of Cixi Modern Foreign Trade Company, Ltd, about the advantages of the RMB settlement for companies.
Last year, the range within the currency trade of the RMB against the USD expanded to 1%. Since then, the exchange rate of the RMB against the USD has obviously had a wider range. Accordingly, Ningbo has witnessed an increasing number of foreign trade enterprises using RMB for business settlement, to mitigate the risk of exchange fluctuations. According to the statistics from Ningbo Central Branch of the People's Bank of China, in the previous 4 months, the aggregated settlement amount of the RMB settlement in Ningbo ran up to 38.823 billion yuan, up by 50% year on year. Ningbo had more than 1,100 enterprises to settle by RMB, cutting the costs of nearly 100 million yuan. Ningbo has trade with 126 countries in all the five continents and RMB settlement is adopted in all those countries. Besides, the distribution of RMB settlement is more rational, with a steady rise of the proportion of the settlement in Europe, Japan, and Korea.
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