Located at the mid section of China's mainland coastline, Zhenhai is lying at the southern flank of Yangtze River Delta, and the Yong River's entrance to the East Sea. Being off-shore to Yong River and China's East Sea, Zhenhai is endued with the fame of “the Gate of East Ningbo Municipality and Zhejiang Province”. Covering an area of 236 sq. km, Zhenhai has a coastline of 21 km long. Under its jurisdiction, there are 2 townships and 4 sub-districts.
In recent years, Zhenhai is making a full play of its advantages and promoting its development of off-shore and urban economy while pushing forward the optimization of industrial structure and the transformation of economic increase modes and patterns. At present, Zhenhai has Ningbo Chemical Industry Zone, Zhenhai Economic Development Zone as its foundation of economic development and has basically formed its major industry line with the industry features of petrochemistry, machinery, and electronics. In 2006, the value of Zhenhai's total gross domestic product reached 19.508 billion RMB Yuan. The local revenue totaled 13.002billion RMB Yuan. The financial budgetary revenue reached 2.732 billion RMB Yuan and the government revenue totaled 3.29billion RMB Yuan. The disposable income for urban and rural residents reached 19674 RMB Yuan and 9136 RMB Yuan respectively.
Zhenhai's economic growth is fast yet steady. The year 2006 has witnessed the approval of 61 foreign-funded enterprises. Among them, there are 17 foreign-funded enterprises each had the total investment of more than 10 million USD, with their total investment amounting to310 million USD. The contractual foreign capital value of the year 2006 was 210 million USD and the realized foreign capital value amounted to 161 million USD. By the end of 2006, Zhenhai has altogether approved 790 foreign funded enterprises, with a total investment of 3.449 billion USD and the realized capital value of 892 million USD. The total import and export value of 2006 reached 4.026 billion USD (if it is accounted in new requirement, the import and export value of 2006 totaled 3.010 billion USD).
Looking into the future, Zhenhai is in an unswerving step to deeply implement the strategy of further developing Ningbo’s major areas and to promote "Five-Large-Project, namely industrial upgrading, urban progress, cultural development, ecological Zhenhai, harmonious society" and build "Four-Bases, namely petrochemistry and machinery and electronics, off-shore logistics, higher-education and scientific research, recreational tour" so as to build a harmonious society of higher standard and basically realize the modernization drive ahead of schedule .
