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The city's gross industrial output for the year
2008 reached over one trillion yuan, a record high in history,
representing a rise of 10.3% year on year, according to a news briefing
of the Economy Committee.
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On Jan 1, China put into effect three policies,
which are respectively the Provisional Regulations on Value-Added Tax,
the Provisional Regulations on Business Tax, and the Provisional
Regulations on Consumption Tax. The policies make some modifications on
tax payment standards and thresholds. For instance, the small-scale
sales volume for tax payment (Industry and Business) is lowered down
from the previous one million yuan and 1.8 million yuan to 0.5 million
to 8 million respectively. It is estimated that with the implementation
of these reform measures the tax burden on Ningbo can be reduced by 3.7
billion yuan.
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The rebuilding scheme for the station building of
Ningbo Railway Station was fixed, according to an executive meeting of
the city government last week. The Plan 1 was selected as the right one
among all conceptual plans submitted. The plan focuses on the image of
a drop of crystal clear water, which gives beautiful winkles when it
disperses. The general layout of the station building will feature one
center, two axes and four zones. The exterior transport structure will
be of south-to-north elevated structure for arrival trains, while the
inner structure will be of Upper In and Lower Out model. The functional
zones will consist of five planes and the underground two floors have
two railways coming in.
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The city government held its 44th executive
meeting last Sunday. It discussed on alleviating companies' burden of
paying social security fees. It was decided that the payment ratio of
social security insurances will be lowered down to some extent on an
interim basis, involving the insurance items of basic pension, basic
medical care, unemployment, work injury and reproduction. It is
estimated that this new policy could save 6.8 billion yuan for the
companies of the city.
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Last Week, Party Secretary went to Yuyao and Cixi
for an inspection on the implementation of policies of boosting
domestic demand. He gave some guidelines on the work for the coming New
Year. He stressed that departments of all level need to uphold a
science-minded development philosophy in expanding domestic demand and
ensuring a sound economic growth, make good preparations and proceed
with confidence, so as to create a good momentum of development.
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