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 2006, its GDP of secondary industry hit RMB ￥157.59 billion. Its
agriculture has also witnessed rapid growth. In 2006 the GDP of primary
industry reached RMB ￥13.95 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 ￥114.91 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.
Structure of Gross Domestic Product (2006) |
Gross Domestic Product (RMB 100 million)
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