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The Ningbo Southern Business District ("NSBD") is a planned economic area within the Yinzhou District of Ningbo, China. It was established to attract "added-value" personnel into the region. It began operations on November 16, 2010.
The District received government stimulus and support to foster its growth. One form of this support has been through establishing the "Ningbo Industrial Advertising Park," which was labeled a national-level economic zone.
History
As of October 2015, the first of four phases had been completed with an 88.9% settlement rate.
In March 2020, the zone was restricted for foreign travelers by the Ministry of Foreign Affairs of the People's Republic of China National Immigration Administration.
References
- ^ "South Business District ushers in 5th anniversary". english.ningbo.gov.cn. Retrieved April 30, 2016.
- "Ningbo Advertising Industry Park begins to show its cluster effect". english.ningbo.gov.cn. Archived from the original on March 4, 2016. Retrieved April 30, 2016.
- "Ministry of Foreign Affairs of the People's Republic of China National Immigration Administration Announcement on the Temporary Suspension of Entry by Foreign Nationals Holding Valid Chinese Visas or Residence Permits". www.fmprc.gov.cn. Retrieved June 28, 2020.
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