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First quarter GDP of Ningbo declines a bit

Ningbo Statistics Bureau and Ningbo Investigation Team of the National Bureau of Statistics released the statistics of the economic performance of Ningbo in the first quarter of 2020 on April 29. According to the preliminary accounting, the city’s GDP in the first quarter stood at 246.38 billion yuan, down by 7.0% over the same period of last year. Among others, the major economic indexes of March are seeing a clear rebound, showing an upward trend.

The sudden breakout of the coronavirus epidemic has exerted a great impact on Ningbo’s economy, which is export-oriented to a great extent. However, with the joint efforts of all the citizens for epidemic prevention and control and economic recovery work, Ningbo’s economic operation has returned to the normal track with the accelerated pace of work and production resumption. In terms of the three industries, in the first quarter, the primary industry achieved an added value of 6.14 billion yuan, down by 0.2%; the secondary industry achieved an added value of 106.52 billion yuan, down by 11.4%; and the tertiary industry, an added value of 133.72 billion yuan, down by 3.3%.  

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Abundant power supply promotes Ningbo’s economy

Since the beginning of 2020, Ningbo Power Supply Company of the State Grid has given full play to the important role of the “six forces” it plays as a state-owned enterprises, to create an optimal business environment and deepen the application of the big data of electricity in supporting the production resumption of the major enterprises and projects as well as the SMEs, thus pressing the “accelerating button” of power supply for the economic and social development of Ningbo.

To guarantee production of SMEs

“Every day, we produce a large number of mold products in our assembly lines, and 80% of them will be sold in the domestic market, and 20%, in the foreign market. These days we are very busy, and our workers have to work overtime even on the weekend”, said Zhang Qunfeng, General Manager of Ningbo Zhenzhi Mechanical Mold Co. Ltd. on April 1 at the quality-testing

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Ninghai county introduces more than 40 new products

“Detoxification of the seed potato can restore its physiological function and production characteristics, and the yield per mu can be increased by more than 20%.” On the afternoon of April 13, two agricultural experts came to the base to provide guidance on the prevention and control f disease and insect of the 12 mu planting.

The potato planting area reaches 27,000 mu. Common potatoes can transmit its virus to the next generation through seed, which thus leads to smaller potato pieces, worse varieties and affects the yield. In 2019, the base introduced virus-free potato for breeding. Early next month, potato harvest is expected to total about 20 tons. These potatoes are to be promoted in Huchen, Yuexi and other places.

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PPP Promotion for Liuheng Highway Bridge Held

Recently, the Municipal Transportation Bureau held a PPP promotion for the first phase of the Ningbo Zhoushan Port Liuheng Highway Bridge.

The Ningbo Zhoushan Port Liuheng Highway Bridge project is a major project that implements the national strategy for regional integration development in the Yangtze River Delta and promotes the “four major constructions” of our province. The project starts from Zhoushan Liuheng Ganyan Interchange, followed by Sungan Highway, passes Liuheng Nanao, Fodu Island, Beilun Meishan Island, Chunxiao, and ends in Beilun Chai Bridge, connecting Chuanshan Shugang Expressway and planned Hangzhou-Ningbo Expressway Double Line. The total length of the route is about 30.2 kilometers. The project is constructed according to the standard of expressway with a design speed of 100 kilometers per hour, with an investment of about 17.65 billion yuan. The project will be implemented in stages.  

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Digital economy in High-Tech zone enters "fast lane"

“The outbreak made companies mainly leading in service industry realize the important of building IOT, and our revenue of software doubled than that of previous year in the first 3 months of 2020,” said Qu Qihui, the general manager of Ningbo HadLinks Co, ltd. who has run off his feet recently. As the first to resume work in Ningbo Software Park, HadLinks not only finished its existing orders but also speeded up in developing IOT system of contactless elevators in response to the outbreak. The system is about to be in the phase of trial.

Companies like HadLinks abound in Ningbo High-Tech Zone which secure

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