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Development Objectives

General Target
The GDP shall reach 430 billion yuan, with an annual increase of 11%, and the per capita GDP shall exceed 60,000 yuan. Fixed assents investment shall reach 1,000 Billion yuan.

Industrial Structure
The composition of the primary, secondary and tertiary industries shall be 3.5:53.5:43. The independent innovation capacity of enterprises should be raised, the proportion of research and development in the GDP shall be raised to be 1.5%, the proportion of hi-tech output in the general industrial output shall be higher by 40%.

Port Development
The cargo-handling capacity will be 360 million tons per year, ranking top three of the world, and the annual handling capacity of containers shall reach 100 million TEU.

People’s Live
The Rate of Urbanization shall exceed 65%. The quality of life of the residents in general shall be on the rise. The per capita disposable income for urban residents shall exceed 24,000 yuan, and the per capita net income for rural residents shall reach 11,000 yuan.

Opening Up
By the end of year 2010, import and export turnover of the port shall reach 154 billion US dollars, and the local import and export volume should totally reach 67 billion US dollars. In the following five years, we will expect a total utilization of foreign investment of 11.5 billion US dollars, with the contractual volume reaching 23 billion US dollars. A volume of 1,200 million US dollars will be realized for foreign labor service cooperation, and cumulative overseas investment will reach 300 million US dollars.

By the end of year 2010,the city will have set aside 1.5 % of the GDP for R&D and for experimentation. 15-year elementary education policy will be popularized, and the enrollment rate of the senior-high-school will reach 98%. We are planning to set up over 30 provincially key disciplines, 3-5 doctoral programs, with enrollment of graduate students reaching 5,000; to set up 5 or more state-level Sci-tech Innovation Base; to keep building Ningbo Engineering College, to start up the project of Ningbo Postgraduate Garden.