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Investment environment

 

Natural geography

Ningbo is located at the middle part of China's coastline and on the eastern part of Ning-shao Plain in Zhejiang Province, i.e., east longitude from 120°55' to 122°16' and north latitude 28°51' to 30°33'. With Zhoushan Archipelago as its natural barrier in the east, bordering Hangzhou Bay in the north and Sanmen Bay in the south, adjacent to Shaoxing city in the west and connecting with Taizhou city, Ningbo covers a total area of 9,365 sq.km including the urban area of 1,033 sq.km.

Ningbo possesses two main mountain ranges within its boundaries, Siming Mountain and Tiantai Mountain. As one of the eight river systems of Zhejiang province, Ningbo is rich in water resources for occupying Yuyao river, Fenghua River, Yongjiang River etc. Ningbo has a long coastline, with tortuous harbors and scattered islands. Ningbo occupies a total sea area of 9758 sq.km and a total coastline of 1562 km including 788 km of mainland coastline and 774 km of island coastline, which takes one third of the coastline of Zhejiang province. The number of islands in Ningbo amounts to 531 with a total area of 524.07 sq.km. There are two bays and one harbor, i.e., Sanmen Bay, Hangzhou Bay and Xiangshan Harbor. Containing a great deal of nourishing substance flowed in with Qiantang River, Yongjiang River and many streams, these bays provide with rich nourishment for organism in the beach area.

The coastal tide in Ningbo belongs to unregular half-day period. There are two high tides and two low tides in a day. The average high tide is 3.14 over Wusong zero point with the highest record of 4.86 m, and the average low tide is 1.47 m with the lowest record of 0.31 m.

Ningbo enjoys subtropical monsoon climate featuring mild temperature, moderate humidity and distinctive seasons. Its average annual temperature is 16.2¡ãC, July being the hottest month (average temp. 28.8°C)and January the coldest (average temp. -4.2°C). As the frost-free period lasts about 230-240 days and the crop growth period 300 days, it is suitable for the growth of grain, cotton and oil plant, etc. The annual precipitation averages 1,300-1,400 mm. The precipitation from May to September takes 60 percent of the year's total.

 

Industry percentage

 

Main Industrial Sectors


A major industrial base of Zhejiang Province, Ningbo is also a key production area of such economic specialties as grain, cotton and oil as well as aquatic products. An industrial set-up has come into being with petrochemical, power and paper-making as its mainstay and machinery, electronics, metallurgical , building material, light industry, textile & garment and pharmaceutical as its coordinative development. In 2002, its GDP of secondary industry hit RMB £¤82.830 billion. Its agriculture has also witnessed rapid growth. In 2002 the GDP of primary industry reached RMB £¤10.560 billion. An agricultural set-up has also formed with equal stress on grain and cotton production and comprehensive development of diversified economy and of village and township industry. Meanwhile the tertiary industry has also grown rapidly with its GDP reaching RMB £¤56.640 billion. Ningbo has now developed into a coastal port city, advanced in port facilities, completed in industrial set-up, comprehensive in agricultural development and advanced in domestic and foreign trade.

 

 

Pillar Industries

 

Industries of Traditional Advantages

 

Textile & Garment Industry

garment, home textile, and textiles for decoration and industrial purposes

Household Electric Industry

range hood, air conditioner, washing machine and water heater

Power Transformer & Transmission System Manufacturing

HV power transformer & transmission system, and intelligent switchgear

Machine Building Industry

moulding and plastic machinery manufacturing

Automobile Related Industry

key automobile parts, components and motorcar

 

Major Port-Based Industries

 

Petrochemical Industry

petrochemicals, fundamental chemical materials and fine chemicals

Steel Industry

smelting & downstream processing of stainless steel and nonferrous metals

Power Industry

with a generation capacity of 4.5 million KW

Paper Industry

making paper and downstream paper products

 

 

Rising Industries

 

New Technology Industries

 

Electronics &
Information Industry

special integrated circuit, microelectronic modules, networks and products concerned with communication system and microcomputers

New Materials Industry

high-energy magnet, nano-metric material, high molecular material, and new source of energy

Biotechnology &
Modern Pharmacy
Industry

biological and marine pharmaceuticals, new chemical medicine and new preparation of traditional Chinese medicine

 

Service Industries

Industries including commerce, tourism, real estate, banking, conference & exhibition, community service, consultancy and etc.

 

 



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