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Ningbo ranks third nationwide in port business climate

chinadaily.com.cn| Updated: December 15, 2020 L M S

A survey by Beijing Ruiku Trade Security and Facilitation Research Center showed that the compliance costs for container throughput at Ningbo ports are lower than major water ports in China.

In the first 11 months of this year, Ningbo's foreign trade value amounted to 889.56 billion yuan ($136.85 billion), an increase of 7.1 percent compared with the same period last year.

Among them, imports stood at 308.31 billion yuan, a year-on-year growth of 6.7 percent, while exports reached 581.25 billion yuan, up 7.2 percent year-on-year.    

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