Ningbo aims for marine economy
By Feng Jianmin |
June 9, 2011, Thursday
|
Print Edition
Print Edition
MORE than 1,000 projects worth US$88.2 billion opened for bidding in Ningbo yesterday as the city in east China's Zhejiang Province seeks to build a marine-based economy.
The port city wants to develop its marine industry, such as shipment facilities, as well as clean energy production, machinery making and financial services.
A total of 1,076 projects were up for bidding during the 13th Zhejiang Investment and Trade Symposium, which opened in Ningbo yesterday, organizers said. Representative from 136 overseas business groups were invited to meet with local manufacturers and companies, the organizers said.
Ningbo has established 10 industrial and trading zones to provide marine services along its coast.
The building of a marine-based economy is part of the city's Five-Year Plan, starting this year, which aims to upgrade local industries and further open the market, according to government officials.
The port city wants to develop its marine industry, such as shipment facilities, as well as clean energy production, machinery making and financial services.
A total of 1,076 projects were up for bidding during the 13th Zhejiang Investment and Trade Symposium, which opened in Ningbo yesterday, organizers said. Representative from 136 overseas business groups were invited to meet with local manufacturers and companies, the organizers said.
Ningbo has established 10 industrial and trading zones to provide marine services along its coast.
The building of a marine-based economy is part of the city's Five-Year Plan, starting this year, which aims to upgrade local industries and further open the market, according to government officials.
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