It is learned on March 22 from a meeting of delegation leaders for East China Fair that the 22nd East China Fair is to open in Shanghai International Exposition Center from March 1 to 5. About 400 companies of foreign trade in Ningbo will attend the fair. This fair is this year’s first largest foreign [...]
Ningbo’s transaction of technologies breaks through the 1 billion yuan mark
According to the statistics of the Ministry of Science and Technology, in 2011, Ningbo has registered 1,198 transfers of technologies and the contract value of the transfers reaches 1.0916113 billion yuan, breaking through the 1 billion mark for the first time. Compared with 2010, the number of transfer and the contract value increase by 35.5% [...]
Balance of deposits and loans for financial institutions exceeding a trillion yuan
News came from the Ningbo central branch of People’s Bank that in 2011, both the balance of deposits and the balance of loans for financial institutions exceeded a trillion yuan in Ningbo. The loans increased by 126.32 billion yuan, which serves as an effective support for Ningbo’s economic development and industrial transformation and upgrading. At [...]
Ningbo ushering in a shopping peak after the snow
After paying new year’s call to relatives and friends and staying at home due to the heavy snow, the citizens came out for shopping on the third day of the lunar month. Yesterday, all the shopping malls, supermarkets and specialized sales areas witnessed a busy atmosphere and a small sale peak came for such products [...]
Ningbo in the lead of Zhejiang in investments in foreign countries
The other day, a company of Ningbo Huaxiang Group Co., Ltd. spent some 46 million US dollars purchasing 100% of the share of an American company of automobile decorative components. Since the 11th Ningbo Municipal Congress of Party Representatives, Ningbo has firmly carried out the opening up strategy and by both “bringing in” and “going [...]
Furniture exports went over $ 250 million for the first time
According to inspection and quarantine departments, in 2011 Ningbo exported 12,733 batches of wooden furniture, worth $ 258 million, up 12.2% and 20.1% respectively. Furniture items are important exports of Ningbo. There are so far about 360 certified wooden furniture export enterprises in Ningbo. Continued growth of furniture export from China is due to the [...]
Sun Bookstore
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Retail sales of consumer goods in Ningbo exceeded 200 billion yuan last year
According to the recent statistics released by Ningbo Municipal Statistics Bureau, retail sales of consumer goods last year reached 201.89 billion yuan, up 18.4% year on year. Towns and cities still play a major role in it, up 19.5% and 20.2% respectively, 1.1% and 1.8% higher than the average level of the whole city. View [...]
