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Category: Ningbo News
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Published: Wednesday, 26 December 2012 20:25
Jiangdong District remains the first in receiving the award of financial enterprises, with ten banks and two small scale credit companies awarded 13 million Yuan (2,086,500 USD), according to the Ningbo Finance Working Department.
The award, started from 2011 to promote Ningbo financial enterprises to support financing business of small enterprises, goes to financial enterprises for their quick increase of credit scale for small enterprises and their remarkable working performances.
This year, Ningbo branch of the Agriculture Bank of China and the Bank of Ningbo are awarded the first prize of 2 million Yuan. Ningbo branch of the Bank of Wenzhou and Ningbo branch of the Linshang Bank are awarded the second prize of 1.5 million Yuan. Ningbo branch of China Everbright Bank and Ningbo branch of China Merchants Bank receive 1.2 million Yuan. Ningbo branch of Zhejiang Tailong Commercial Bank get 1 million Yuan. Ningbo branch of China Zheshang Bank and Ningbo branch of Huaxia Bank both receive 800,000 Yuan. Ningbo Donghai Bank is awarded 700,000 Yuan. The Yunsheng Small Credit Company and the Lvshun Small Credit Company get 150,000 Yuan.
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Category: Ningbo Business
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Published: Wednesday, 26 December 2012 20:24
From January to November, 50,627 Geely (one of the top ten automobile manufacturers in China) cars made in Beilun have been exported, making Geely the second largest car exporter in China.
From the beginning of this year, the increasing export of whole vehicle products in Beilun can be attributed to the roll-on/roll-off ship transportation of the Beilun Port. In the first three quarters, 35,015 automobiles have been exported to the Latin America, Africa, the Middle East and the Eastern Europe, up by 288% compared over the same period and taking up more than 50% of Geely’s total export.
Demands from the Middle East and the Eastern Europe, among other overseas markets, have been rising from January to November, with more than 25,000 whole vehicle products exported to Iraq, Saudi Arabia and Iran, 50% of the total export. And over 15,000, 30% of the total, have been exported to Russia and Ukraine. And there is a great change in the structure of the export products, with mid- and high-end products increasing.
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Category: Governmental News
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Published: Wednesday, 26 December 2012 20:23
Tariff against some products such as infant milk powder and lens of single-lens reflex cameras will be adjusted from January 1st, 2013. Online shop owners have been informed that price of infant milk powder will be lowered.
Tariff against infant milk powder will be cut from 20% to 5%.
To boost the economic and social development and domestic consumption, China will allow five groups of products to be imported on a tax rate that is lower than the most-favored-nation rate of duty. Lower tariffs on medical equipment and products closely related to people's livelihoods, including cardiac pacemaker and infant milk powder, have been much attention. Tariffs will also be lowered on raw materials and spare parts for the equipment manufacturing industry and strategic emerging industries, such as robots used for automobile production. Resource products as well as energy-saving and emission-reduction products will also benefit from lower rates. Products that support the development of the agriculture and textile industry are also included on the list.
Tax rate against the lens of single-lens reflex camera and of common cameras will be lowered from 15% to 4%. And that against cardiac pacemakers and vascular stents will be reduced from4% to 2%. The tax rate against infant milk powder and other food products for the infant will be lowered respectively from 15% to 5% and from 20% to 5%
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Category: Ningbo District
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Published: Wednesday, 26 December 2012 20:22
The online group purchase activities for touring Xiangshan were launched on the group purchase platform of Taobao on Dec. 15. With the aim of attracting more tourists to Xiangshan, they will end on Jan. 3, 2013.
Themed at “Eating seafood, purchasing sea products”, the activities were available in 62 cities in Anhui, Jiangsu, Zhejiang, Jiangxi, Fujian and Shanghai etc simultaneously. Seven travel routes were launched and eight hotels were provided for choice, and many products were special priced. In addition, the first 20 purchasers could get a free meal ticket for two persons to enjoy the seafood of Xiangshan.
It is learned that it was the first round of cooperation between the tourism administrative authority of Xiangshan and Taobao.