Copyright 2024 - Ningbo Life / Ningbo Expat

Ningbo's economy sees a steady growth,

with a 5.3% GDP growth in the first three quarters

On the afternoon of October 23rd, the Municipal Government Information Office held a press conference on the economic operation of Ningbo in the first three quarters. Xu Haiyan, a member of the Party Group and Deputy Director of the Municipal Bureau of Statistics, introduced that the overall economic operation of the city was stable, steady and positive in the first three quarters.

According to the unified accounting results of the provincial gross domestic product, Ningbo's GDP reached 1.26443 trillion yuan in the first three quarters, a year-on-year increase of 5.3% calculated at constant prices.

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Ningbo is successfully shortlisted in the first batch of

 national demonstration zones for digital transformation and upgrading of transportation

Recently, the Ministry of Transport and the Ministry of Finance announced the first batch of national demonstration areas for digital transformation and upgrading of highway and waterway transportation infrastructure. The implementation plan for the "One Corridor, Two Wings, and Full Network" high-quality integrated transportation infrastructure digital transformation and upgrading demonstration road and network jointly submitted by Zhejiang Province and Ningbo has successfully been selected as one of the first eight demonstration areas in China.

According to the implementation plan, in the next three years, Ningbo will focus on the "One Ring, Two Shots, and Three Links" in the highway sector (the "One Ring" refers to the G1504 Ring Expressway, the "Two Shots" refer to the G15 Shenyang-Haikou Expressway and

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Ningbo's economy maintains a stable trend,

and industrial and commercial trade continues to rise in July

On the afternoon of August 19th, the Municipal Bureau of Statistics released economic data on Ningbo. In July, Ningbo's economy maintained a stable trend. In the first seven months, development data in industries, commerce, foreign trade and other fields continued to "rise", and high-quality development entered the "fast lane".

The manufacturing industry is the cornerstone of Ningbo's economic development.

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