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Category: Ningbo District
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Published: Tuesday, 13 November 2012 11:47
The other day, CMA CGM Marco Polo moored at Port of Ningbo.
At the noon, CMA CGM Marco Polo, the largest container ship of the world that is capable of carrying 16,000 standard containers, arrived at the Port of Ningbo in its maiden voyage.
CMA CGM Marco Polo is a ship of CMA CGM. It was launched in South Korea on November 6. She is 396 long and 54 meters wide, being the world's largest ship.
Despite its gigantic size, CMA CGM Marco Polo moored with ease at Berth 5 of the Port of Ningbo. Then, 10 overhang cranes started to work, loading 1,600 standard containers into CMA CGM Marco Polo. At 8:00 p.m., CMA CGM Marco Polo left the Port of Ningbo for its next destination Shanghai.
In 1959, CMA CGM started business with Ningbo. In 1997 the Port of Ningbo opened its first container line to Europe.
Ningbo popularizing energy saving lamps
According to Ningbo Office of Energy Saving, this year the city of Ningbo is to spread the use of 1.3 million energy saving lamps, and 70% of them will be used in the rural areas. When this task is completed, the city can save 270 million kwh (equivalent to 95,000 standard coal) this year. From November 7 on, citizens, with their IDs, can buy the lamps at the 16 appointed places.
Read more: CMA CGM Marco Polo's maiden voyage to...
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Category: Ningbo District
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Published: Tuesday, 13 November 2012 11:46
According to Ningbo Bureau of Entry-Exit Inspection and Quarantine, from January to October 2012, the bureau issued 45,177 preference certificates of origin, involving exported goods valuing 1.56 billion US dollars, increased by 12% and 17% year on year. Calculated by 8% tax exemption, the exempted tax might reach 120 million US dollars.
In recent years, China is promoting the strategy for free trade zones. For the 20 free trade zones, the certificates that Ningbo enterprises demanded most are those for China-ASEAN free trade zone, accounting for about half of the total. The fast increase in the number of certificates of origin issued is for the China-Peru free trade zone. The issued certificates total 1,857, involving 65,760,000 US dollars, increased by 34% and 45% year on year.
Ningbo Bureau of Entry-Exit Inspection and Quarantine suggested that the export enterprises should make best use of the preferential policies of free trade zones, and get familiar with the rules of the free trade zones on the origin of exported products. It is advised that they should make good use of the certificates of production origin and make the best out of the preferential policies of the free trade zones.
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Category: Ningbo Business
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Published: Tuesday, 13 November 2012 11:46
Europe is not only an important destination of foreign trade of Ningbo, but also an important place that the investment of Ningbo enterprises goes to. On October 6, an expert of CEMD of Swiss made an introduction to Ningbo enterprises about the strategy for the investment to Europe.
From January to September 2012, the value of the bilateral trade of Ningbo and Europe reaches 17.54 billion US dollars, covering 24.1% of the total of exports of Ningbo, next only to the Asian market. In addition, the stable investment conditions, good economic environment and R&D capacity are great attraction to Ningbo enterprises. At present, over 1,000 enterprises of Ningbo have investments in Europe, especially Germany, UK and Italy.
The expert of the CEMD said that Ningbo is one of the most economically active places in east China and the enterprises of Ningbo are going out in steady steps. He suggested that to invest in Europe, Ningbo enterprises should first learn about European countries and follow the commercial patterns of the countries. In terms of the destinations for investment, he suggested that priority should be given to those with complete infrastructural facilities and the neutral countries.
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Category: Ningbo Business
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Published: Tuesday, 13 November 2012 11:45
The 112th Canton Fair closed the other day. The statistics show that the fair this year suffered from a decline both in the number of purchasers and the total of turnover.
On the fair, Ningbo turns over 1.78 billion US dollars, reduced by 7.6% year on year. Of the reduction, the turnover to the EU drops by 6.5%, to US by 7.3%, and to Japan 43.8%.
Despite the decline, there are still some positive factors, which might be good for the steady growth of foreign trade of Ningbo. Despite the general decline, the global demand for Ningbo-made home necessities maintains stable. Statistics show that The topping turnovers of Ningbo enterprises are home appliances, hardware tools, building materials, consumer goods, house utensils, clothes and textiles, stationery and recreational products. Famous enterprises turn over more than those non-famous ones. The turnover of daily necessities maintains steady and the long-term orders are more than the short-term ones.
The Canton Fair is praised as the barometer and the weather cock of the foreign trade of China. Persons related say that the market decline in 2012 indicates that the high increase foreign trade of China might not go on, due to the continuing decline of the global market demand, the continuing increase of cost in the industries for foreign trade and the constant rise of trade protectionism. In the coming three to five years, the growth rate of the foreign trade of China will be around 10%, or even around the single-digit level.
