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Key industries in Ningbo

Updated:  May 9, 2023 L M S

Rising Industries

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Electronic and IT Industry 

There are more than 2,000 manufacturers producing electronic and IT products in Ningbo now. The famous companies here include Bird, Yunshen and Gigabyte, and the output value of the industry has reached 10.5 percent of the total GDP in Ningbo.

New Materials 

New materials and new energy resource industries are Ningbo’s key industries. From 2002, the industry kept an annual growth rate of 30 percent, and the output value accounted for 34.95 percent among all the high technology industries in Ningbo. 

Semi-conductor and photo-electronic industry

The semi-conductor and photo-electronic industry in Ningbo had rapid development during recent years. Based on convenient transportation, unique policies and location advantages, a great number of semi-conductor and photo-electronic manufacturers have established their companies in Ningbo. Famous companies include Chi Mei Optoelectronics, Lili Electronics, SinoMos Semiconductor and Prodisc.

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