Ningbo Commercial Group (), or just simply Ningbo Group, is a general term describing the businessmen from
Ningbo
Ningbo (; Ningbonese: ''gnin² poq⁷'' , Standard Mandarin pronunciation: ), formerly romanized as Ningpo, is a major sub-provincial city in northeast Zhejiang province, People's Republic of China. It comprises 6 urban districts, 2 sate ...
throughout history.
History
It was one of the ten largest commercial groups during the
Ming
The Ming dynasty (), officially the Great Ming, was an Dynasties in Chinese history, imperial dynasty of China, ruling from 1368 to 1644 following the collapse of the Mongol Empire, Mongol-led Yuan dynasty. The Ming dynasty was the last ort ...
and
Qing
The Qing dynasty ( ), officially the Great Qing,, was a Manchu-led imperial dynasty of China and the last orthodox dynasty in Chinese history. It emerged from the Later Jin dynasty founded by the Jianzhou Jurchens, a Tungusic-speaki ...
dynasties, and it became the biggest commercial regional group of China in the Late Qing dynasty.
In the Ming and Qing dynasties, many Ningbo traders were active nationally and even abroad. In the Late Qing dynasty, China began industrialization, and many pioneering industrialists and entrepreneurs came from Ningbo.
Contributions
In the late Qing Dynasty, China started its nationwide industrialization under Western influence, and many Ningbo industrialists and entrepreneurs made great contributions to this change.
Notable people
Ming & Qing Dynasties:
* Yue Xianyang and his family (founder of
Tong Ren Tang
Tong Ren Tang (TRT; ) is a Chinese pharmaceutical company founded in 1669, which is now the largest producer of traditional Chinese medicine (TCM). The company headquarters are in Beijing and is engaged in both manufacture and retail sales, o ...
)
See also
*
Economy of China
The China, People's Republic of China has an upper middle income Developing country, developing Mixed economy, mixed socialist market economy that incorporates economic planning through Industrial policy, industrial policies and strategic Five- ...
*
Economic history of China (Pre-1911)
*
Economic history of China (1912–1949)
References
{{reflist
Economic history of China
Economy in Ningbo