The 16th Housing Expo

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Category: Ningbo Business

Published: Monday, 07 November 2011 20:16

On the morning of October 28, the 16th China Ningbo Housing Expo opened in Ningbo International Conference and Exhibition Center. At half past nine, the long waited citizens poured into the 2nd and 3rd Exhibition Halls for displaying new houses in search of the best cost-effective housing.

With the theme of "Innovation of Real Property", this years Expo consists of 13 exhibition areas, including housing, finance, house decoration, kitchenware, toilet appliances, furniture, architectural energy saving, doors and pipes, paints, IT home appliances, textile products, solar energy and new building materials. The total area is 55 thousand square meters and there are over 3300 exhibition stalls.

In terms of the exhibited properties, over 30 real estate developers took part in the Expo with more than 70 real properties inside or outside Zhejiang Province. This year's Expo has the characteristics of the abundance of high-rise and small high-rise housing and business housing, and the expansion of exhibited properties to the surrounding areas. Among all the districts, Beilun District and Zhenhai District are the two with the most abundant supplies.

The Expo attracted a lot of famous brands in house decoration, kitchenware, toilet appliances and furniture. Besides, Ningbo Real Estate Transaction and Property Management Centre, one of the executive hosts of the Expo, will provide the citizens with consulting services on policies, regulations and procedures of real estate transaction. It should also be noticed that the organizing committee arranges the free shuttle service for visitors form Zhoushan, Cixi, Shaoxing and other nearby cities.

Yao Li, deputy secretary of the Standing Committee of Ningbo Municipal People's Congress, Vice-mayor Wang Renzhou, Fu Dan, Vice Chairman of Ningbo People's Political Consultative Conference, attended the opening ceremony and visited the exhibited housing featuring small and medium-sized houses. They hope that real estate developers can develop more housing products of this kind to meet the general rigid demand of the market.

On the afternoon of October 28, 2011 Summit Forum of Ningbo Real Property was held in Nanyuan Hotel. The forum is jointly sponsored by Ningbo Municipal Government, China Real Estate Chamber of Commerce and Elite Science and Technology Foundation. Issues such as the present regulation policy for real property, and the situation and trend of the real property are discussed in the forum

Jiangdong's maritime service industries setting sail

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Category: Ningbo Business

Published: Monday, 31 October 2011 08:51

In Hengfeng Creative Square, a new office building with an area of more than 2,000 square meters is the Ningbo Dongfang Shipyard Co., Ltd., and more than 60 designers are working hard there. After 10 years’ development, the shipping capacity designed by this company has reached to 52,000 tonnages. It has become the most competitive class A ship designer in Zhejiang. Other ocean science and technology service industries like Ningbo Dongfang Shipyard Co., Ltd. have also taken the lead in seizing the highland of blue economy.
Having neither coastal resources nor neighboring port or sea, how could Jiangdong develop a marine economy? “According to the ‘Marine Economic Development Plan of Ningbo City’, by 2015, the contribution rate of the ocean science and technology should reach 70%, so vigorously developing and supporting ocean science and technology service industry in Jiangdong will have a bright prospect.” District party secretary Hu Jun said.
In the industry chain of developing marine economy, bulk cargo trading platforms play a pivotal transitional role. Jiangdong has strived to develop bulk cargo trading platform based on finance, science and technology by means of improving logistics service and building trade platform. The world renewable resources electronic trade platform designed by Ningbo Weishi Information Consulting Co. Ltd. has possessed 120,000 professional members and 8,000 suppliers abroad, and its visit quantity has increased to 200,000 every day. In Jiangdong, the number of companies doing bulky commodity wholesale trade has reached to 856, with a year-on-year increase of more than 100.
We must use informatization to drive marine economy development. The staff in more than all shipping logistic companies in Jiangdong will receive text message about the trade news, freight rates, pallet and port, etc. This is a new service offered by Jiangdong logistics information science technology public service platform. Jiangdong will build a “digital port” through relying on Ningbo electronic port and the fourth party logistics platform. Ningbo electron port, being started to run formally in 2009, has joined 6,850 companies, published 720,000 pieces of news and realized a total of one billion yuan in trade volume, which tremendously stimulates the market vitality.
Furthermore, Jiangdong district has taken the lead in promoting alliance in the technological innovation of ocean-related industry. They have built a technological innovation alliance in three industries, and they are coastal logistics industry, waterway information service industry and blue sea design industry. They also promote to break through key technological bottlenecks through joint efforts of industry, university and scientific research institution. At present, the alliance of these three industries has worked jointly with Ningbo University.
According to incomplete statistics, from January to September, the sale turnover of Jiangdong ocean science and technology service industry has exceeded 10 billion yuan, which gradually manifests its important role in boosting marine economy.

Social retail sales this year reached 143.39 billion yuan

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Category: Ningbo Business

Published: Monday, 31 October 2011 08:52

A couple of days ago, information from Ningbo Board of Trade showed that the social retails during the first three quarters have reached 143.39 billion Yuan, a year-on-year growth of 17.3%. Growths in wholesale, retail, accommodation and catering are 50.7%, 15.5%, 11.1% and 17.1% respectively.
Under the joint impact of complex domestic and international factors, the consumer market in the first half year has kept downturn momentum. And fortunately it is getting better in the latter half of the year.
In the first three quarters, the sales of 8 types of goods that compose nonproductive expenditure presented the trend of seven ups and one down. The seven ups are food, clothing, household items, medical care, traffic communication and educational and cultural services. Among them, medical care, and traffic communication increased faster, with the former growing by 63.3% and the latter 22.5%. While the housing and fitment aspect was on the down side, decreasing by 21%.
With the impact of the rising consumer prices, the income of people has decreased relatively, which led to the increase of most families’ expenses on food. This contributed to the result that per capita expenses on food from Jan. to Sept. reached 6126 yuan, increasing by 20.3% compared with the same period of last year. In addition, the Engel’s coefficient also rose from last year’s 35.5% to 37.6%.

Young entrepreneurs in NB and HK discuss on the marine economy

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Category: Ningbo Business

Published: Monday, 31 October 2011 08:48

How can Ningbo young entrepreneurs take the opportunity of national drive of developing marine economy? Yesterday afternoon, , entrepreneurs of Ningbo and HK gathered in Hong Kong Conference and Exhibition Cente to exchange ideas on the theme of “concentrating on marine economy, speeding up transformation and upgrading ”at the forum on Young Entrepreneurs Development which is part of Forum on Economic Cooperation of Ningbo and Hong Kong. Tang Yijun, the Chairman of Municipal Political Consultative Conference attended the forum and gave a speech.
In his speech, Tang encouraged young entrepreneurs to made full use of the Forum on Young Entrepreneurs Development, strengthen exchanges, get good thoughts and promote cooperation. He also said they should create a new situation of complementary advantages, mutual benefit and balanced development.
At the forum, Ye Zhendu, a member of standing committee of National Youth Association, the Chairman of HK Youth Association, the managing director of Hong Kong Holdings Rongxing Group Co., Ltd., gave a speech named “the mission and opportunity of the youth”. He said putting great emphasis on developing marine economy was Hong Kong’s important experience, no marine economy, no Hong Kong today. He also pointed that Ningbo had as good conditions as Hong Kong in developing marine economy, such as deep water port, vast sea and a good harbor industry system, which also provided Hong Kong entrepreneurs with a new opportunity and platform.
Lin Haifeng, vice chairman of Ningbo Young Entrepreneurs Association and president of Risen Energy Co., Ltd., said in his speech that as Zhejiang’s maritime economy had become the national strategy in the first half year, and his company had made good preparations for developing marine economy or ocean-related industries.