Ningbo is located in the middle of the eastern coast of mainland China, the economically developed Yangtze River Delta south wing, adjacent to Shanghai, Hangzhou. Ningbo is the city opening to the world, with the provincial level of economic management authority of the separate cities, with the development of local laws and regulations of the power of the "larger city", and is the national historical and cultural city. The city's total area ia 9365 square kilometers and the population of which more than 10 million.
Ningbo has a good condition for economic development, and since the reform and opening up, the city's economy and society has been rapid development. Ningbo has become an important industrial city and foreign trade port in East China. It is the central city and heavy chemical industry, the base of the south wing of the Yangtze River Delta, and the economic center of Zhejiang Province. In 2016, Ningbo achieved a GDP of 854.111 billion yuan, with an increase of 7.1 percent over the same period last year. According to the resident population, the per capita GDP of the city is 108804 yuan (equivalent annualized exchange rate of 16380 US dollars), with an increase of 6.6%.
Ningbo with distinctive four seasons, mild climate, beautiful mountains and rivers, and cultural blend, is the ideal tourist destination.
Foreign Trade & Economy
Ningbo boasts a long history. It is the birthplace of the "Neolithic Hemudu Culture" dating back more than 7,000 years. Ningbo became one of the three ports for foreign trade in China as early as the 7th century. Nowadays, Ningbo-zhoushan port has become one of the most important ports in China. In 2016, Ningbo-zhoushan port topped worldwide in the light of its cargo throughput reaching 900 million tons. Ningbo had trade with 211 countries and regions all around the world with the import and export trade volume exceeding USD 100 billion for the year 2016.