Yangtze River Delta
Doing Business in Ningbo
Home to one of the world's busiest ports by tonnage - a manufacturing and export powerhouse with lower costs than nearby Shanghai.
Why Ningbo?
β
World's busiest port by cargo tonnage
β
Lower costs than Shanghai, Yangtze Delta location
β
Strong export/manufacturing base
Key Industries
Port LogisticsManufacturingPetrochemicalsTextiles
GDP
1.64 trillion RMB
FDI
4.0 billion USD
Setup time
30-45 days
Pros & Cons
β Advantages
- β’World's busiest port by tonnage
- β’Lower costs than Shanghai
- β’Strong export base
β Challenges
- β’Industrial focus
- β’Less consumer/tech
- β’Pollution from heavy industry