Key industries in Ningbo

Harbor-based Industry

Petrochemical Industry

Ningbo is one of the major petrochemical industry bases in China. Now it hosts 179 petrochemical enterprises, including LG Yongxing Chemical Co and Zhenhai Refinery Chemical Co, which has the largest crude oil refinery capacity in China. 

Paper Making

Paper making is an important part of Ningbo’s light industry, with over 20 producers in this region, including Ningbo Zhonghua Paper Co, which is the largest industrial paper production base in China. 

Steel Industry

With the support of the advantageous port and the city’s industrial policies, Ningbo Steel Production Base has seen rapid development. Ningbo Baoxin Stainless Steel now achieved an annual capacity of producing 600,000 tons of thin stainless steel plate. The Ningbo Steel Company has the capacity of producing 4 million tons of wide steel plate each year.