Ningbo furthers trade ties with foreign countries

By Zhang Jiaqi
0 Comment(s)Print E-mail China.org.cn, June 10, 2018
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China and CEEC companies sign contracts at the Zhejiang Major Projects Signing Ceremony at the forum in Ningbo on June 7, 2018. [Photo by Zhang Jiaqi / China.org.cn]

In the meantime, Ningbo has also developed from a city that few Nordic people had ever heard of, to one that many now call home. The city is also referred to as one of China's happiest cities" and the most attractive city for investment in China".

"Ningbo stands out as a very attractive city for people to visit and live in, and therefore also a great place for doing business,” Nodland said, stating that it has great facilities, generous support from the government, and even a Nordic community and environment. 

"None of these achievements would have been possible without the dedicated support of the government, which proves that Ningbo has an excellent business environment and that the government is determined to continue to develop," Nodland said. 

Promoting trade ties 

Ningbo, as a critical city along the Belt and Road Initiative routes, is vigorously furthering its cooperation with the 16 Central and Eastern European Countries (CEEC), including Hungary, Latvia, Poland, and the Czech Republic, which are important components of the Belt and Road. 

These relations are strengthened by a series of economic and trade events enhancing the China-CEEC partnership in conjunction with the international economic and trade events recently held in Ningbo. 

Among the events, ministerial representatives of China and the CEEC unveiled the nameplate of a demonstration zone for China and the CEEC economic and trade cooperation. 

The demonstration zone unveiled in Ningbo claims to be the first of its kind to be built in the region, as well as the country, under the Budapest Outline for Cooperation between China and CEEC published during the sixth meeting of heads of government of China and the CEEC in November 2017. 

The demonstration zone, now officially under construction in Ningbo, would enrich the achievements of China-CEEC cooperation and establish a model for other cities to engage in economic and trade cooperation with the CEEC, said Fu Ziying, China's vice minister of commerce.

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