Ningbo ranks No. 6 in the Forbes list of "2011 Best Cities for Business"

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Category: Ningbo News

Published: Monday, 17 October 2011 15:22

The Forbes list of "2011 Best Cities for Business in the mainland China" was released on October 10. Thanks to its "six-quickening" policy and its advantage in private economy and port logistics, Ningbo ranks No. 6 in the list, up by 2 places over the last year. As is known, this is the 8th successive time for Ningbo to rank among the top 10 in the list.

The list is produced by Forbes China, the Chinese version of Forbes, one of the world famous finance media. The top ten of the best cities for business include Guangzhou, Shenzhen, Hangzhou, Shanghai, Nanjing, Ningbo, Wuxi, Suzhou, Beijing and Tianjin.

According to an official from Development Research Center of Ningbo Government, the better position for Ningbo in the list is due to the enhancement of its capacity of both passengers and freight transporting. Among the 654 cities included, Ningbo ranks No. 8 in passenger transporting index and No. 5 in freight transporting index. In addition, faced with the great challenge of scientific and technological innovation and information trade, Ningbo is making every endeavor to build a "smart city". This emphasis on smart development inevitably helps enterprises to cut their operating costs, which leads to the city's rise in place in the list.

It can be found that Yuyao and Cixi , the two county-level cities, are also listed among the top 100 Best Cities for Business, with the places of No. 67 and No. 76 respectively