The surge highlights how the 2015 merger of Ningbo and Zhoushan ports — once close competitors sharing the same waterways — has evolved into a complementary logistics powerhouse.
What outsiders considered as a fortunate bet appears to be the result of years of industry observation and conviction, built through riding, testing products and closely tracking the evolution of China’s motorcycle engineering capabilities.
New energy vehicles (NEV) accounted for a growing share of that expansion, with quarterly NEV sales reaching 369,059 units, up 9% year on year and representing 55% of total deliveries.
His comments align with heated discussions among policymakers and investors about nurturing long-term capital capable of accompanying tech companies through extended growth cycles.
Jiangsu ranked second with five listings, followed by Guangdong and Anhui with two each, highlighting Zhejiang’s widening lead in both listing volume and fundraising scale.
