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FYI:

Ningbo is an important port city located 220 km south of Shanghai. The city's export industry dates back to the 7th century. Today Ningbo is a major exporter of electrical products, textiles, food, and industrial tools.
 
Historically Ningbo was geographically isolated from other major cities. In 2007 the Hangzhou Bay Bridge was built, cutting highway transit time between the two port cities to two and a half hours from four.
 
In 2009, Ningbo's economic activity reached USD 60.8 billion, down 10.4% from 2008. The exports totalled USD 38.65 billion, down 16.6% from the previous year. In addition, Ningbo imported USD 22.16 billion of goods, up 3.1% from the previous year.[26]
 
Ningbo's economy grew 8.6 percent in 2009 to 421.5 billion yuan (US$61.7 billion). The city's per capita output was US$10,833, about three times the national average.[27]
 
Ningbo is famous for the Si Lan Nong Xiang flower. Used for dyeing cloth, 2008 exports were responsible for 3% of the Ningbo economic growth.
 
[edit] Economic and Technological Development Zones
 
[edit] Ningbo Economic & Technological Development Zone
 
Located in the north-east of Ningbo, behind Beilun Port, NETD is 27 kilometers away from the city center. With more than 20 years of great effort, NETD has already formed the general framework for large scale construction and development, and established perfect investment environment. It is situated close to the Ningbo Port and Ningbo Lishe International Airport. Major Investors include Exxon Mobile, Dupont and Dow Chemical.[28]
 
[edit] Ningbo National Hi-Tech Industrial Development Zone
 
Ningbo National Hi-Tech Industrial Development Zone was founded in 1999 and was upgraded to a national level zone in January 2007. It is only 10 km away from Ningbo International Airport and 18 km away from Ningbo Port. The zone serves as the important technical innovation base of Yangtze River Delta. Industries encouraged include Chemicals Production and Processing, Biotechnology/Pharmaceuticals, Raw Material Processing, Research and Development.[29]
 
[edit] Ningbo Free Trade Zone
 
Ningbo Free Trade Zone is one of the 15 free trade zones authorized by the State Council of China, and is the only free trade zone in Zhejiang Province. It was established by State Council in 1992, covering the area of 2.3 square kilometers. It lies in the middle of the coastline of Mainland China, at the south of Yangtze River Delta. In 2008, its industrial output value was RMB 53.33 billion and grew at 19.8% as compared to 2007.[30]
 
[edit] Nordic Industrial Park
 
The Nordic Industrial Park Co. Ltd. (NIP) is one of the first wholly foreign-owned industrial parks in China located in Ningbo, Zhejiang Province. NIP is managed and operated by a Scandinavian management team.[31]