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5-year plan for the development of new material industry in Ningbo

It is learned from the Municipal Economic and Information Bureau, the development plan for Ningbo new material industry cluster has been issued recently. According to the plan, Ningbo will adhere to the "five-chain linkage" of industrial chain, innovation chain, talent chain, policy chain, and factor chain, and strive to become a global influential leading city and industrial highland in new material innovation, and build and form a "new material industry" brand for Ningbo.

According to reports, new materials are the cornerstone of a new round of technological revolution and industrial transformation. As one of the first batch of 7 national high-tech industrial bases for the new material industry, Ningbo has vigorously developed the new material industry in recent years, and has continued to increase its efforts in R&D and application in the fields of new chemical materials, metal alloy materials, rare earth magnetic materials, functional film materials and graphene materials. The scale of the new material industry is leading in China.

Statistics show that in the first half of this year, Ningbo's new material industry has improved in terms of quantity and quality, with an output value of RMB157.54 billion, a year-on-year increase of 56%; a profit of RMB15.2 billion, up 119.9%; an added value of RMB26.49 billion, up 36.7%

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