Ningbo Magnetic Material Industry Cluster Develops Rapidly

Ningbo, Zhejiang Province has become an important production base for magnetic materials, accounting for 40% of the national output value, and is known as "China's Magnetic Capital". Hundreds of magnetic material enterprises in Ningbo, many of which have core competitiveness in the field of rare earth permanent magnetic materials. These enterprises follow the market demand, continue to carry out independent innovation and R & D, launched a number of high-performance magnetic materials products, widely used in new energy vehicles, wind power generation and other fields. Ningbo's magnetic material industry cluster is attracting more and more domestic and foreign customers with its powerful "magnetic field".