Chinese port looks to Dubai for business development

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Chinese port looks to Dubai for business development
Ningbo Port, which at present has business relations with over 600 ports across the world; and exhibitors at the Ningbo Week of Talent, Science and Technology, where more than 24,000 talents, including overseas Chinese professionals, are associated. - Supplied photos

Ningbo Port keen to have business cooperation to spur development.

By Anu Warrier

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Published: Sat 24 Oct 2015, 12:00 AM

Last updated: Sun 25 Oct 2015, 8:02 AM

China's ningbo port is looking forward to have cooperation with Dubai as part of its business development, said Jiang Wei, secretary of the board of Ningbo Port.
While talking on the sidelines of an Asian media trip to Ningbo Port, organised by China Daily, Jiang said there are shipping lines with Dubai, but no business cooperation has been started yet.
"Dubai is emerging fast as one of the leading ports and Ningbo is eagerly waiting for developing business relations with Dubai. We hope that would happen soon," he said. Consisting of various port areas including Zhenhai, Beilun, Daxie, Chuanshan and Meishan, Ningbo Port has most-large and super-large deep water berths in China, he added.
One of the most ancient ports in China with more than 7,000 years of history, Ningbo Port's history of opening up started 1,200 years ago with three vessels from Japan arriving at the port.
At present, the port already has business relations with over 600 ports across the world. In 2014, cargo throughput of Ningbo Port exceeded 526 million tonnes, which is ranked third in mainland China and fourth in the world. Similarly, cargo throughput surpassed 18.7 million TEU which is third in mainland China and fifth in the world.
Wang Haijuan, director of the Information Office of the Ningbo Municipal People's Government, said the city has opened doors to innovators and entrepreneurs in an extensive stride to achieve its developmental goals.
Ningbo Week of Talent, Science and Technology is one among the many moves taken by Ningbo in this regard. Started in 2006, the fair now sees more than 280,000 people from various countries visiting Ningbo. More than 24,000 talents including overseas Chinese professionals are associated with the programme.
Liu Jun, who is heading the fair, said nearly 1,000 overseas talents shifted to Ningbo with their projects as a result of the programme. With the government offering subsidies, 168 companies set up business in Ningbo.
The Entrepreneurship and Innovation Academy has been launched to promote student entrepreneurs as part of the programme. The fair presents modern trends in various fields including technology, art and science.
"This helps us to improve the reach of our company in an international level. Knowing the modern trends in technology helps to improve the products too," says J.Z., an exhibitor from Ningbo Sunlight Electrical Appliances.
Ningbo Free Trade Zone is another step taken by the government where products from various countries are imported. These include milk products, fruits, other food items and many more. Cross Border e-Commerce Trade is another important initiative by the Ningbo Free Trade Zone's Imported Commodity Market.
- anuwarrier@khaleejtimes.com

Ningbo Port, which at present has business relations with over 600 ports across the world; and exhibitors at the Ningbo Week of Talent, Science and Technology, where more than 24,000 talents, including overseas Chinese professionals, are associated. — Supplied photos
Ningbo Port, which at present has business relations with over 600 ports across the world; and exhibitors at the Ningbo Week of Talent, Science and Technology, where more than 24,000 talents, including overseas Chinese professionals, are associated. — Supplied photos

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