It's Happening....
Private economy of Ningbo slightly recovered
- Details
- Category: Governmental News
- Published: Tuesday, 13 November 2012 11:45
According to a report on October 5 by Ningbo Municipal Administration of Industry and Commerce, in the third quarter this year, the private economy of Ningbo maintains steady. Though the number of new businesses drops slightly on the yearly base, the total number of businesses maintains steady, with considerable increase in investment and more rational in industrial structure.
By the end of September, the city has 152,600 private enterprises (or branches), involving 305,600 investors and registered capital of 367.645 billion yuan, increased by 7.81% , 8.63% and 18.11% respectively. The city has 355,800 private businesses, involving 713,800 people and the total investment of 19.418 billion yuan, increased by 8.91% , 7.87% and 18.75% respectively.
In the third quarters this year, the city has 5,392 newly registered private enterprises, reduced by 13.0% against the same period in the previous year, and the registered capital totals 12.22 billion yuan, leveling the total of 2011. There are 17,066 newly founded private enterprises, reduced by 2.4%; and the total investment amounts to 1,340 billion yuan, increased by 4.9%.
In the third quarters this year, the average registered capital of new enterprises and new businesses reaches 2,263,000 yuan and 78,000 yuan, increased by 15.01% and 6.8% respectively against the same period of the previous year.
