Trade History of Ningbo
Ningbo, China
2025-07-29

The unearthed relics of the Hemudu Culture show that shipbuilding in the Ningbo area began about 7,000 years ago, in the Neolithic Age. Its reputation as a commercial city in history can be known by its ancient name: Maoxian County, meaning a Trade County and indicating the prosperity of trade.


In the Tang Dynasty, Ningbo was one of China's three major ports, trading celadon ware and silk goods with over 20 countries in South Asia, including Japan and Korea. Thus, the city was one of the three biggest in China at that time, the other two being Yangzhou and Guangzhou.


In the Song Dynasty, in the year 990, a government office responsible for foreign business affairs and tariffs was established in Ningbo. Thus, in the Southern Song Dynasty, when the capital city moved to Hangzhou (called Lin'an at that time), the importance of Ningbo was even more enhanced.


In the Yuan and Ming dynasties, Ningbo was still a major port and trading centre in China and enjoyed a prominent position in terms of trade and foreign business. However, in 1523, after Japanese escorts had robbed the city, and later Japanese pirates had invaded, the Central Government issued an order prohibiting any foreign business in Ningbo.


However, in 1842, after the Opium War, Ningbo was made a treaty port together with the cities of Guangzhou, Xiamen, Fuzhou and Shanghai.

Traditionally, Ningbo people have been well recognised both at home and abroad for their talents in trading and business. Today, there are over 300,000 people of Ningbo origin living in over 64 countries and regions, many of them being successful merchants and known as the Overseas Ningbo Merchants, or the Gang of Ningbo. Overseas Ningbo Merchants are representatives of those Chinese merchants who portray their tradition of the pioneering spirit, honesty, industry, and patriotism.



Source: ningbo.gov.cn

Editor: Ye Ke

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