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Ningbo ranks 7 in top 100 cities in foreign trade

According to Ningbo Customs, China Customs, based on statistics from the General Administration of Customs, recently released China Top 100 Cities of China in Foreign Trade fro 2010-2011, in which, Ningbo got 74.8 points, ranking No.7 among the Top 100 Cities of China in Foreign Trade.

On the list are also 10 cities of Zhejiang, including Zhoushan and Hangzhou and of these cities Ningbo ranks No.1.

The assessment system for the Top 100 Cities of China in Foreign Trade comprises indicators in capacity, potential, development, efficiency and structure. On the list, Shenzhen, Suzhou and Shanghai are the top 3. Since 2001, with the rise of the emerging economic bodies and the intensification of the global problems, the world economy is quickly entering the post crisis epoch.

Reportedly, from January to July this year, the foreign trade of Ningbo saw a consistent growth. The total of import and export reaches 55.71 billion US dollars, increased by 20% above the same period of the previous year. Of the total, the export is $34.25 billion, and the import 21.46 billion US dollars, increased by 19.1% and 21.5% respectively. Of the cities independently listed in the national plan, the total of import and export of Ningbo in the 7 months is only next to Shenzhen (235.78 billion US dollars), and in this respect, Ningbo ranks the 2nd position.

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