Copyright 2024 - Ningbo Life / Ningbo Expat

Ningbo made LED wrist straps to "light up" London Olympic Games

It is reported that the LED wrist straps produced by an enterprise in Yinzhou District will enter the London Olympic Games. The strap is of the watch size and has a built-in chip, a receiver and a transistor. The LED straps in a specific area will send out specific lights as is controlled by the signals from the background controller. There are six colors, including red, green and blue, for people to choose from.

It is said that besides the order from the London Olympic Games, the enterprise has also got orders from some sponsors of the London Olympic Games. In addition, some ice-hockey teams and rugby teams from the United States and Europe also intend to make orders with it.

Over 30 "Fortune 500" enterprises investing in Ningbo

It is learned from Ningbo Foreign Trade & Economic Cooperation Bureau that delegations of such "Fortune 500" enterprises as Pfizer (the United States), Phillips (Netherland) and Tesco (the United Kingdom) will participate in the 14th Zhejiang China International Fair to be held from Friday this week. It is expected that a number of projects will be signed in the fair

This year's fair, themed as "implementing three strategies, deepening international industrial cooperation and promoting economic transformation and upgrading", is to bring about a lot of business to Ningbo. During the session, over 30 "Fortune 500" enterprises and some emerging industrial capital from home and abroad including the Senior Health Foundation of the United States and Honghai Group of Hong Kong, will have the docking talks with local strategic emerging industries and private companies. The international investors will carry with them projects and capitals to invest in such fields as new marine energy, new materials, energy saving and environmental protection, modern Internet of Things and cultural and creative industry.

Industrial clusters and development gardens have become the main areas for inviting investment. During the fair, the inorganic pigments project invested by LANXESS, the leading enterprise in the industry, and the polystyrene project by the TOTAL Group of France will be signed and settle down in Ningbo Petrochemical Economic & Technological Development Zone. In the Hangzhou Bay New Zone, the investment in two major projects by Bosch Group, the second largest automotive equipment supplier in the world, will reach $150 million. Besides, the opening ceremony of the Ningbo base supplier park for Shanghai Volkswagen Group will be held in the new zone.

Since the beginning of this year, as is affected by the internal and external elements, Ningbo has been confronted with a serious situation for inviting foreign investment. In the first four months, 114 foreign-invested projects were approved with a total investment of $3.064 billion. The contractual investment was $1.468 billion and the actually used foreign capital was $970 million, up by 1.7% and 6.9% respectively over the same period last year. The investment from some development countries such as Japan and South Korea dropped dramatically.

International sci-tech cooperation promoting development of Ningbo enterprises

The collecting work for 2013 special international sci-tech cooperation projects (major projects) has been launched recently by the Ministry of Science and Technology of China, and Ningbo has started its collecting work correspondingly. It is learned from Ningbo Science and Technology Bureau that it has organized related experts to assess the 24 collected projects and has finally chosen 8 of them to submit to the International Cooperation Department of the Ministry of Science and Technology.

"International sci-tech cooperation" is by no means new to Ningbo. In the past few years, to break the technological bottlenecks and accelerate industrial transformation and up-grading, Ningbo has been actively carrying out international sci-tech cooperation by means of technology introduction, talents introduction, cooperative research and overseas training. Quite a number of major sci-tech cooperation projects have been sponsored by the Ministry of Science and Technology.

In 2008, one international sci-tech cooperation project in Ningbo was sponsored by the ministry with a grant of 940,000 yuan. In 2009, another project was granted one million yuan. In 2010, two projects got sponsored with a total grant of 15.56 million yuan. And in 2011, nine projects were sponsored by the ministry with a total grant of 35.22 million yuan.

Jessn Ocean Group LLC is an enterprise specialized in the fishing equipments, electrical fishing products and deck machinery. Over the past few years, the company has introduced advanced technology in ship products from Japan, Germany and Iceland. After years of learning and developing, it has gradually mastered the core technology, and has ranked among the top in China in terms of the localization for fishing equipments. According to He Bo, General Manager of the company, the company has hired senior experts from Japan, Iceland and Spain as technology advisors, and has been carrying out international sci-tech cooperation by assigning, introducing and buying technologies. By now, the company has become a high-tech enterprise integrating sci-tech research, production and operation, and is intent on getting listed on the stock market within five years.

It is learned that Ningbo has realized high-end sci-tech cooperation with over 20 countries including the United States, Japan, Russia and the United Kingdom. The cooperation pattern has also changed from single-project introduction to innovate carrier introduction, from focusing on talents introduction to universities and colleges to talents introduction to enterprises, and from short-term sci-tech cooperation to long-term strategic cooperation, which has enabled Ningbo to rank among the top in terms of international sci-tech cooperation projects in China.

As the most important innovative platform for international sci-tech cooperation, universities, colleges and research institutions have been playing a key role in introducing advanced foreign technologies and promoting the transfer and transformation of those advanced technologies. Since 2009, five universities or institutions, including Ningbo University, Ningbo Branch of Ordnance Science Institute of China, Ningbo Institute of Materials Technology & Engineering of Chinese Academy of Sciences, University of Nottingham Ningbo China and Ningbo Institute of Technology of Zhejiang University, have been awarded the title of "International Science & Technology Cooperation bases" by the Ministry of Science and Technology of China.

First exports of vacuum cleaners in Ningbo Bonded Zone

The other day, 312 vacuum cleaners with a total value of US$14,253 from Ningbo Siyian Cleaning Equipment Co. Ltd. passed the inspection and were exported to Singapore. This is the first time for Ningbo Bonded Zone to export vacuum cleaners

ZJITS to hold nine matchmaking activities

The organizing committee of the China Zhejiang Investment and Trade Symposium (ZJITS) announced on Tuesday that they plan to hold nine investment matchmaking meetings during the 14th ZJITS. Up till now, over 350 international companies and organizations have confirmed their attendance and plan to build cooperation with local companies in the field of investment, trade, technology, brand, and marketing.

The matchmaking activities will focus on strategic and emerging industries, marine industries, energy saving and environmental protection industry, household appliances and electronics industry, and services industry. The effort aims to promote the cooperation between local private companies and their international counterparts while enhancing the competitiveness of local companies. From June 6 to June 8, a number of cooperation and matchmaking activities will be held, including matchmaking between world top 500 companies and strategically emerging industries in Zhejiang, between Zhejiang private enterprises and world’s emerging industries, and matchmaking meeting for emerging marine industries. Meanwhile, the Zhejiang-Japan Energy-saving and Environmental Protection Industry Symposium and the International Matchmaking Meeting for Intelligence Appliances Industry will also present opportunities for local companies.

An official from Municipal Foreign Trade and Economic Cooperation Bureau said, the 350 international companies to attend the matchmaking meeting have expressed their sincere intention for economic and trade cooperation. A highlight of the fair will be World Top 500 Corporations to be attending the fair, which include Mitsubishi Chemical Corporation, Wal-Mart, Itochu, GE in the United States, Tesco Real Estate Group.

Local companies can visit the official website of ZJITS (www.zjits.com) for more information on the participating companies and their investment or purchase plan

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