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Advantageous
Location
Ningbo is located in
Yangtze River Delta, which is a golden area known for
its densest industrial cities, a well-developed market
system, a complete variety of industrial branches, a
highest level of consumption, a largest market capacity
and a highest educational level of its people in China.
It is very adjacent to bo th home and international market
so export-oriented enterprises can conveniently enter
into international market via Beilun Deep-water Port;
domestic-oriented enterprises can also gain gradual
economic spread towards the Yangtze River Delta with the
Ningbo Economic and Technological Development Zone
(NETD) as their vanguard. NETD is next to Shanghai, an
economic and financial center both in China and the
world, so it possesses incomparable superiority over
other cities in the following aspects: talents,
information, finance, marketing etc and more
importantly, it contains enormous market potential,
which makes it an excellent command of the domestic
market as a whole. The population of Yangtze River Delta
accounts for 10.6% that of China, 19.5% that of China’s
GDP, 26.6% that of the total value of commodities in
circulation. Ningbo alone boasts of a per capita GDP of
US$ 3331,per capita income US$1568, per capita actual
expenditure US$1136, which rank respectively fourth and
sixth among the cities of the same category in mainland
China, suggesting the strong purchasing power. With its
advantageous location, NETD becomes the most convenient
gateway and bridge for foreign investors to enter into
China’s market.
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