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Binhai Economic Development Zone Promoted in Ningbo

Recently, 60-plus members of Ningbo Enterprise Directors Association (NEDA) came to Cixi Binhai Economic Development Zone to investigate the venturing and   investment environment of the zone. During the activity titled “NEDA in Binhai”, they had a preliminary exchange with the Investment and Cooperation Bureau and Economic Development Bureau of the development zone over certain projects.
As the a province-level development zone that is closest to downtown Ningbo and has the largest development space, Cixi Binhai Economic Development Zone has already established itself as an important platform to undertake industrial transfer from the urban areas of Ningbo. In the recent years, with the advance of projects such as “industrial and labor transfer” and “reconstruction of the old factory building”, some enterprises have gradually moved out of the urban areas of Ningbo. For instance, enterprises including Peacebird Logistics Co., Ltd, Zhejiang Xianglong Manufacturing Co ., Ltd , Ningbo Dasen Furniture Co., Ltd have settled in Cixi Binhai Economic Development Zone, enjoying considerable development. “While the development space in urban areas of Ningbo is narrowing, it is limited by more factors. In this case, if enterprises want to

expand their production, they need to seek for new development space, and Binhai Economic Development Zone is a very competitive choice since it is within the scope of “the half-hour Economic Zone of Ningbo”, said Cen Chushen, executive vice president and general secretary of the NEDA.
The smooth proceeding of the activity was promoted by mutual complementary needs. The call made by the NEDA was actively responded to by a throng of enterprise leaders, who offered to participate in this activity with projects. 
After listening to the introduction of the environment of the zone, Zhu Biao, general manager of Ningbo Chuanqi Industry Co., Ltd, posed a battery of questions: “What is the average price of commercial housing around Binhai?” “What is development and investment orientation of the zone?” “What kind of qualifications do enterprises have to possess to enter the development zone?” The person in charge of investment attraction answered all the questions on the site. Apart from all these practical problems, supporting service was also a major concern of enterprise leaders. Shen Guoqiang, president of Ningbo AMICO Co., Ltd said: “Supporting service is one of the most crucial elements that influence the development of an enterprise.” Besides, he also consulted staff members working in the zone over some specific issues including commuter traffic and children’s education. 
“With the development of cities, industrial transfer is inevitable, which makes the enterprises previously in the urban areas a large gold ore for our development zone.” said a relevant person from Cixi Binhai Economic Development Zone. Grasping this opportunity, the development zone is exerting itself to establish contact with the NEDA, exploring potential resources and inviting would-be customers to investigate the zone. This activity has already explored quite a few projects, and the development zone is already having discussion with some investors that have clear investment intentions

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