The objective of Economic Growth

Ningbo's GDP is to increase at an average rate of over 10 percent a year .By the year 2005 , Ningbo's GDP will top 200 billion yuan and per capita GDP will reach around 35 thousand yuan (about US$4200).

Ningbo's financial revenues will increase by 10 percent yearly.
Ningbo's total volume of consumption goods retail sales will increase by 10 percent yearly on average.

Within the coming five years, Ningbo's total accumulative fixed assets investment will hit about 230 billion yuan.

Industrial Structure

The developmental pattern of agricultural economy with adequate economic results will basically be formed.

Ningbo will be built into China's important base for petrochemical industry and paper industry, and it will also be built into East China's energy resource base .The added output value of hit-tech industry will make up 30 percent of the added output value of the whole industry.

People's Standard of Living

The income of the urban and rural inhabitants is expected to increase by a yearly average of over 5 percent. The per capita urban housing area practically used will reach 20 square metres. The Engel's coefficient will fall to 35%.

Urbanization Development

Ningbo's urbanization level will rise to 55 percent and a urbanization development model with a population of more than two million will basically be formed.

Opening up to the Outside World

By the year 2005,the import and export volume through the Ningbo port will come up to $30 billion USD, of which the owned independent import and export volume will amount to $15 billion USD. Self managed import and export volume is to top $10 billion USD in .

the Tenth Five-Year Plan period. Actually utilized foreign investment is to hit $6 billon USD.

Port Development

Ningbo Port’s handling capacity will amount to 150 million tons and the amount of oceamgoing containers handled will reach 3 million TEU.

Ningbo Port will be built into a hub port of international marine transportation by means of its deepwater condition and advantageous geographical position.

Science & Technology and Education

The expenditure on research and development will make up about 1.5 percent of Ningbo's GDP.

There will be over 600professional and technical workers among every 10000 people.

Ningbo's colleges and universities will have a present enrollment of over 50 thousand students.

Per capita education period of time will be over ten school years.

Ningbo will be developed a sub-centre of higher education in Zhejiang Province .

Sustainable Development

The natural population growth rate will be below 4%.

The forest coverage rate will reach 50 percent. And the city green coverage rate will account for 35 percent of the city land area.

Ningbo will become a state-level garden city and a state-level model city in environmental protection.