Ningbo Economic & Technical Development Zone (NETD)
Established in Oct., 1984 with the approval by the State Council, NETD is among the earliest and largest state-level development zones in China. As assessed for the overall investment environment recently, NETD is listed among the Top 5 state-level zones in China.
Located in the north-east of the mother city, Ningbo, behind Beilun Port, NETD is of 27 kilometers' distance to the city center. With more than 20 years great effort, NETD has already formed the general framework for large scale construction and development, and established perfect investment environment. It has been selected by projects from more than 40 countries and regions worldwide, including some world famous multinationals such as Esso, Samsonite, Dow Chemical, Dupont from U.S., BP, Hoechst, Mannesmann from Europe, Itochu, Mitsubishi, Mitsui, Kanematsu, Marubeni, Sumitomo from Japan, Samsung from Korea, SinnaMars from Indonesia, Chiatai from Thailand and etc. Currently, NETD has already established a modern port-based industrial system, with large scale industries in the fields of electricity, chemical, stainless steel, ship building and repair, automobile, modern paper making, machinery and electronics, textile, cereal and oil products, plastic and rubber, building materials and etc.
By the end of 2006, NETD totally approved 1260 foreign-funded enterprises, with a total investment of 18.2 billion U.S.D., contractual foreign capital 9.63 billion U.S.D., and flow-in foreign capital 4.3 billion U.S.D. There are 316 projects in NETD with investment over 10 million U.S.D. NETD has already grown to a focused area for opening-up with strategic importance and a new economic area with great potentiality. During 2006, the contractual foreign capital introduced to NETD totaled 1.05 billion U.S.D., and flow-in foreign capital 594 million U.S.D., accounting for 14.6% and 19% respectively among 62 state and provincial level development zones in Zhejiang Province. It hs been listed at the Top place in Zhejiang Province for its overall investment environment among all the development zones of different levels for 6 successtive years. At the same time, NETD is also listed among the Top 5 state level development zones assessed by the Ministry of Commerce, P.R.C.
NETD East Area
The East Area of NETD includes two towns in Chuanshan Peninsula(Baifeng & Chuanxiao) covering around 200 square kiometers together with one island with roughly 30 square kilometers(Meishan Island). It owns more than 10 kilometers high quality coast line resources, available for constructing near 20 berths for the 6 th generation container vessles. 
Under the strategy of “Going eastwards”, with the completion of the 4 th phase international container terminals and the smooth construction process of the 5 th project, the development of the East Part of NETD has been started overall.
With a total investment of 800 million R.M.B., the 329 state level road expansion project and Beilun Coastal Express Project have established a full transportation network in Chuanshan Port area, and also a 30 minutes' circulation traffic network in Beilun area. At the same time, nearly 10 square kilometers' industrial lands have been developed after all efforts in expropriation and the Land Reclaimed Project which created 10,000 Mu new land from sea. Up till now, the government already invested over 1 billion R.M.B. in the infrastructures in the core land plots in Chuanxiao area, developing facilities such as roads, sewage network and etc.
Investors at home and abroad have paid great interest in the East Part of NETD because of its advantages in geographic location. After the construction of the “10 billion project” in the city, Chuanxiao Offshore Oil & Gas Embarking Project, another big project with total investment over 15 billion R.M.B., LNG Power Generatinig Project, also was established in the East Part of NETD. Based on the 4 th & 5 th container terminal, there are more than 20 domestic and foreign funded projects have been set up in this area, including the pharmaceutical and chemical project with 1.5 billion R.M.B. invested by “The Flattop of the Chinese Medical Field”, the Top 500 domestic manufacturing enterprises, Haizheng Group. Other projects also selected the East Part of NETD, such as Ruiyi Electronics, Tianxiang Automobile Parts, Dewei Logistics, Gaofeng Logistics as well as other high technological projects.
Contact
NETD Merchants Bureau
Address: F/L 5 th , Tower A,
Beilun Administrative Center, No. 1166, Changjiang Road,
Beilun, Ningbo
Tel: 86-574-86783461
Fax: 86-574-86783466
Post Code: 315800