In 1984, the State Council approved the establishment of the Ningbo Economic & Technical Development Zone (NETD) in the Beilun area as one of 14 State-level development zones. In the past decade, three other State-level development zones have emerged in the Beilun District.
Li Yonghui, vice party secretary of Beilun district of Ningbo, said, ‘Last year, gross domestic product (GDP) of Beilun District reached RMB47.6 billion ($6.3 billion), or $7,656 per capita, making it the richest area of Ningbo. In the first six months of this year, local GDP increased by another 13.1%. Disposable income of local residents rose almost 10% from a year earlier. Beilun District is becoming an important state-level base for energy and raw material.’
One of the government’s objectives is for Beilun District to ‘enhance the district through the port’ and strive to double both the region’s GDP and fiscal income by 2011. By accomplishing that, Beilun Port, together with its surrounding area, will establish its strategic position in the Yangtze River Delta area.
In the middle of the Chinese coastline and facing the Pacific, Beilun Port hopes to use a unique geographic edge to become world famous. Its 18.2-meter water front depth can provide access for vessels of up to 250,000 tons fully loaded. And with the exception of occasional interruptions from typhoons, the port can be operated over 350 days in a year.
Li said, ‘In 2006, Beilun Port handled a total cargo throughput of 300 million tons, and has ranked second of all ports in China for seven years in a row, and fourth place in the world. At present, Beilun Port operates lines to more than 560 ports in over 90 countries and regions worldwide.’
Source: China Daily.com