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Preferential policies bring benefits to Ningbo companies

It is learned on January 11th that Ningbo Entry-Exit Inspection and Quarantine Bureau has saved foreign trade companies in Ningbo RMB80.61m in 2016, among which 41.84m is the exempted amount and 38.77m is the reduced amount. Such benefit these companies enjoy is attributable to a preferential policy issued by AQSIQ.

In August 2013, General Administration of Quality Supervision, Inspection and Quarantine issued a policy to exempt the inspection and quarantine fees in five consecutive years for export commodity under statutory inspection, including exit goods, transportation tools, containers and other statutory objects to be inspected and quarantined (not including fees for vaccination and physical examination of persons, quarantine treatment fees, etc.). Ningbo CIQ will continue to implement the measures issued by AQSIQ and at the same time promote regional integration, paperless inspection and paperless clearance to release the burdens of foreign trade companies.

QR code used for customs freight passage at Meishan Port

It is learned from the customs that the Meishan Bonded Port Customs has adopted the QR code for the freight passage of the port. From now on, the enterprises can record their freight inventory to the QR code, which will be scanned and then the trucks can get through the customs, which is less time and effort consuming.
The use of the QR code rather than the traditional IC card helps the enterprises to reduce cost and burden. The enterprise can upload its freight inventories to a QR code at the information management system of the port, and then it can print the code out or post the code to the driver’s mobile phone. When the driver comes to the customs, he can put the code to the special scanner, which will send the information of the inventories confidentially to the backstage system for verification.
"The QR code model facilitates the docking of cargo enterprises and logistics enterprises. Meanwhile, it will save a lot of labor and card costs and makes it more convenient for the internal management." said Manager Geng of Longzhou Logistics Co. Ltd. 
The launching of the QR code system is a new measure of introducing technological means to the customs. "After several months' efforts, we have developed a new-generation smart management system, upgraded the hardware and optimized the backstage system, which has laid a solid technological foundation for the recognition function of the code." said a person in charge from Meishan Port Customs. It will continue with the smart transformation to provide further conveniences for the enterprises concerned

Ningbo Sets up HR Services Industry Development Fund

Private capital is encouraged to promote the development of Human Resource Services Industry along with the 30-million-yuan contributed by the government. On December 9 the first government-led and private-capital-included Human Resources Services Industry Development Fund was set up in Ningbo, with an expected first phase fund of 150 million yuan. 

It is learnt from the 2016 China (Ningbo) HR Services Innovation and Entrepreneurship Summit that Human Resources Services Industry Development Fund is to be established to promote the HR services industry. With a government guide fund of 30 million yuan, 5 times more private capital will be introduced into the fund.  The management committee office of the fund is set in Municipal Human Resources and Social Security. The fund will be invested in developing new technologies, platforms and probing into new areas related to HR services industry.

Further cooperation on the talent project was confirmed between Ningbo and Renmin University of China in the summit. Human Resources Industry Institute, Renmin University was officially established in the summit. Settled in Ningbo and based on the local HR services industrial park, college students pioneering parks, key human service organizations and

Read more: Ningbo Sets up HR Services Industry...

VAT E-invoice for the Insurance Sector Launched in Ningbo

It is learnt from the Ningbo Municipal Bureau of Local Taxation on December 15 that VAT e-invoice has been fully launched.
The VAT e-invoice has the same legal effect as the traditional VAT invoice. Citizens are enabled to choose which kind they would like to use and the VAT e-invoice can serve as the credence of reimbursement through legal means. 
Citizens can acquire VAT e-invoices through logging in the website of the insurance company with the number and code of the VAT e-invoice acquired through text messages sent by the issuing agents. Citizens can check, download and print the e-invoice from the website. The acquirement of the e-invoice can be done through telephone, text messages and the Internet. 
Responsible men of Ningbo Municipal Bureau of Local Taxation suggest the e-invoice is recommended for it is more cost-effective, environmental friendly and easier to manage and keep

CPI in November Grows by 2.3% Year on Year

On the afternoon of December 9, Survey Office of the National Bureau of Statistics in Ningbo announced that the November CPI of Ningbo urban residents grew by 2.3% year on year, an increase higher than October by 0.3 per cent. From January to November this year, the CPI grew by 2.1% year on year.
In November, the prices of goods and services of 8 categories all went up compared with the same period last year. Among them, health care, clothing, food, and other articles and services increased 4.4%, 4.3%, 3.5% and 3.4% respectively and residence, education, culture and recreation, household articles and services and transportation and communication increased by 1.2%, 1.2%, 0.7% and 0.6% respectively.
From the month-on-month changes of the prices, the CPI decreased by 0.1% from October. The price of the pork decreased by 3.1%, the price of apples, oranges and bananas down by 1.1%, the price of the plane tickets and the fares of travel agencies down by 16.2% and 3.1% and the price of platinum jewelry down by 4.5%

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