Ningbo's business climate recognized by enterprises, report says

A view of Ningbo, a port city in East China's Zhejiang province. [Photo/VCG]

Ningbo in East China's Zhejiang province ranked among the top 10 cities nationwide in terms of business climate, according to a recent report.

The report, released by the All-China Federation of Industry and Commerce at a conference in Wenzhou on Nov 1, was based on a survey polling tens of thousands of private enterprises across the country from June to October.

Hangzhou topped the rankings, followed by Shanghai, Suzhou, Nanjing, Beijing, Wenzhou, Ningbo, Shenzhen, Guangzhou, and Chengdu.

Ningbo was praised for its rule of law, administrative services, market, and innovation.

In recent years, the city has been making efforts to develop a congenial law-based business climate in line with international standards, and administrative service procedures have been greatly streamlined.