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5G Pilot Demonstration Project Starts in Hangzhou Bay New Zone

Accelerate development via digitalization. In the afternoon of March 13th, the Management Committee of Ningbo Hangzhou Bay New Zone and China Mobile Ningbo Branch sign on the contract that aims to promote 5G construction and digital economy. According to the contract, China Mobile Ningbo Branch will choose the New Zone as a pilot demonstration area to build 5G network, information infrastructure, and to boost information sharing and communication between cities.

Following the new trends of technological revolution and industrial changes, the New Zone will pour its attention to key areas like intelligent city, intelligent manufacturing, and intelligent government administration to propel the integration of physical economy, the Internet, big data, and artificial intelligence for digital New Zone.

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Ningbo Listed in Top 20 Cities with Biggest Outbound Tourism Spending Power

Ningbo was listed in Top 20 Cities with Biggest Outbound Tourism Spending Power, coming to 15 in national rankings, according to the 2018 Chinese Tourists Outbound Travel Big Data Report issued on March 13th. Recent years have witnessed increasing outbound tourism among Chinese tourists.  

Jointly issued by China Tourism Research Institute and Ctrip Travel Big Data Joint Lab, the report gave a holistic monitoring of the outbound tourism market and reservation and consumption of tourists. The data were drew from 300 million Ctrip members and 7000-plus offline stores, as well as from the largest package tour and individual tour orders in the tourism industry.

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Yinzhou Strives to Build a Provincial Industrial Park

Ningbo Vulcan Group, located at Yinzhou’s industrial park designed for recruitment program of global experts, has recently introduced Wang Yuming, an expert of mechanical design and theory as well as academician of Chinese Academy of Engineering. Yinzhou will endeavor to render the park a provincial one in three years in accordance with the planning of building an intelligent innovation corridor in south Ningbo

Situated at the investment and innovation center on the Panhuo Street in Yinzhou, the industrial park has gathered a number of top talents at home and abroad and state-leading entrepreneurial and innovation teams,and boasted more than 40 high-end talents of all fields, six academician workstations, four postdoctoral workstations and 12 state-level enterprise engineering and technology centers and provincial research and development centers of high-tech enterprises. The park enjoys abundant intellectual resources and three state-level public service platforms and five local public service platforms.

   To expand channels for introducing talents, the park has taken proactive steps to integrate all accessible resources to establish enterprises’ science and technology

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The City’s Total Foreign Trade Increased by 6.7% in the First Two Months of 2019

The city’s foreign trade totaled 142.22 billion yuan in the first two months of 2019, increasing by 6.7% year-on-year. The export volume reached 52.18 billion yuan, growing by 18.7% year-on-year; the import volume rose to 90.04 billion yuan, registering a 0.8% increase year-on-year, with an accumulated trade surplus of 37.86 billion yuan, according to the Ningbo Customs on March 13th.

In the first two months, the trade volumes of the city to the EU and ASEAN were 29.88 billion yuan and 13.5 billion yuan respectively, increasing by 3.1% and 12.6% than the same stage the previous year. The trade volume to the United States recorded a 20.1 billion yuan, a year-on-year decrease of 16.2%.

As the main forces in the city’s trade, private and foreign-invested enterprises registered a trade volume of 92.57 billion yuan and 36.46 billion yuan respectively, a year-on-year growth of 5% and 8% respectively. Among them, private enterprises led the charge in terms of trade volume, accounting for 65.1% of the city’s trade volume in the same period

Ningbo Introduces High-tech Projects from abroad

On the morning of May 28, the 16th “Haizhi Ningbo Trip” — China (Ningbo) Innovation and Entrepreneurship Competition for Overseas Talents kicked off. Endorsed by China Association for Science and Technology (CAST), the Competition invited 15 foreign experts to promote high-tech innovation projects in fields including Ninghai Industrial Park, Hangzhou Bay Life Sciences Park, and Zhejiang Qianren Project Yuyao Industrial Park.

The promotion seminar was jointly hosted by the Ningbo Municipal Science and Technology Association, the Personnel Office of Ningbo Municipal Party Committee, and the Ninghai County Government. The invited experts specialize in many key areas such as health, artificial intelligence, high-end equipment manufacturing, new energy, etc. At the seminar, investors all marveled at the innovative science and technology

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