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Category: Ningbo Business
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Published: Thursday, 19 January 2012 18:04
News came from NBCIQ recently that 402.4 thousand certificates of origin were issued in 2011, down by 3.75% compared with that in 2010; the total amount of C/O reached 13.8 bln USD, up 10.04%. And thus Ningbo exports enjoyed 517 mln USD of tariff preferences based on an average reduction or exemption of customs duty of 5%.
The number of Certificate of origin form GSP stands at 259.8 thousand, worth $ 8.7 bln with an increase 6.50%. Regional preferential C/O 49226, worth $ 1.63 bln, a rise of 20.11% and 47.94% respectively. General C/O was 93317, worth $ 3.46 bln, up by 6.04%
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Category: Ningbo Business
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Published: Thursday, 19 January 2012 18:03
The 5th session of the 11th Zhejiang Provincial People's Congress opened on January 12 in Hangzhou. In the provincial government work report, Xia Baolong, acting governor of Zhejiang, pointed out that the government should promote the modern marine industry and optimize the plan and industry of Hangzhou Bay, Taizhou Bay, Sanmen Bay and Oujiangkou. It means that these places key areas for marine industry.
It is said that these areas will focus on emerging marine industries, port advanced manufacturing industry, marine service industry, modern marine fisheries and scientific development of marine resources, etc.
Joint efforts will be made by all the cities and counties in Zhejiang this year to promote the construction of marine economic development zone and international logistics center of bulk commodities, to upgrade Ningbo-Zhoushan port management, and to the coastal infrastructure facilities and transportation networks. The government will improve the logistic service system and accelerate the construction of the trading platform for bulk commodities and storage and transport bases for the state strategic materials.
The report makes it clear that the government will try to complete the Hangzhou-Ningbo Passenger Railway and promote the preliminary work of the multiple tracks of Ningbo-Taizhou-Wenzhou expressway this year
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Category: Ningbo District
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Published: Thursday, 19 January 2012 18:03
The foreign trade via Ningbo Port has made a historical breakthrough, with the total exceeding 200 billion US dollars. On the afternoon of January 12, Xu Gaochun, Vice Secretary General of Ningbo Municipal Government, declared that in 2011, the import and export output through the port of Ningbo reaches 200.44 US dollars, increased by 24.2% over the previous year, making a historical new high. Of the total, the import is 76.69 billion US dollars, increased by 26%; the export 123.75 billion, increased by 23.1%.
In the last year, Ningbo further opened to the opening to the outside world. Related departments like the customs, the commodity inspection, marine affairs and so on further optimized the customs and inspection services.
In the meanwhile, Ningbo opened the regular container trains to Shangrao and Taizhou and promoted the reform of the customs and direct release services for exported commodities. In the last year, the efficiency for the customs clearance rose by 16.26% and 11.7%.
The port of Ningbo is becoming a very important one in China. "Compared with the port of Qingdao and the port of Shanghai, the port of Ningbo is most attractive for us," said Li Jingchen, General Manager of Qingdao Jilong International Logistic Company. In 2010, about 30% of the total export by the company is through the port of Ningbo. In the last year, the proportion rose to 80%.
The statistics of the General Administration of Customs show that the volume of import and export via the port of Ningbo covers 5.5% of the total of import and export of China, only next to Shanghai, Shenzhen, Tianjin, Nanjing, Qingdao and Huangpu. In the import of such commodities as petroleum, iron ore, liquid chemicals, coal, wine and fruits, the port of Ningbo plays a very important role