China-Base Ningbo Foreign Trade Co., Ltd. Growing out of China Export Base Development Ningbo Corporation which was established in 1985, is a new-model trans-professional, trans-regional, trans-ownship share-holding enterprise with the registered capital of RMB yuan 120 million. The company has been ranked in Top 500 I/E Enterprises in China since 1993.

The Company owns 22 subs- subsidiaries, I wool-knitting garment factory, I forwarding agency, I labour export company, 2 automobile sale and service companies, and 8 import and export departments.

The Company owns 36,000 square meters of office buildings and factories, over 1,000 square meters of auto exhibition hall, and over 3,000 square meters of auto repair factory.

The Company engages in the export trade of textiles, garments, light industrial products, arts & crafts, foodstuffs, metals, machinery, chemicals, electronic & electrical products etc. and the import trade of steel, wool, plastics, chemicals, chemical fiber, iron ore powder, machinery equipment, cars and car parts etc.

The Company carries out the strategy “market internationalization, business diversification, foreign trade industrialization and group development”, resulting in the rapid business development. It has been listed by MOFTEC as a model enterprise in the trial reform of foreign trade companies.

The Company has set up business relationship with 112 countries and regions. The total amount of import and export is in the leading position among foreign trade companies in Ningbo.

    In 2000, the total import and export value was USD 156.78 million, an increase of 67% over 1999.
    In 2001, the total import and export value was USD 296.98 million, an increase of 89% over 2000.
    In 2002, the total import and export value was USD 415.51 million, an increase of 40% over 2001.
    In 2003, the total import and export value was USD 777.65 million, an increase of 84% over 2002.
    In 2004, the total import and export value was USD 1096.04 million, an increase of 40.9% over 2003.

The Company will consistently carry on an earnest working style and pioneering spirit, make full use of two markets and two resources, insist on trade as a leading business, service as a means and industry as a base, continuously adjust enterprise structures, increase enterprise competitiveness, so as to participate in international economic and trade cooperation and competition in wider scopes, more fields and higher levels. All staff members will do their best to develop the company into a word-famous comprehensive foreign trade group.