The home of China’s biggest port, Ningbo, is working with the MIT Center for Transportation & Logistics (MIT CTL) to create a global centre for supply chain education and research in the city.
The Ningbo Supply Chain Innovation Institute China (NSIIC) will be the latest member of the MIT Supply Chain and Logistics Excellence (SCALE) network, which includes similar ventures in Colombia, Spain, Luxembourg, and Malaysia.
Ningbo-Zhoushan Port, on the East China Sea coast in Zhejiang province, overtook Shanghai in 2012 to become the largest port in the world in terms of cargo tonnage.
The Mayor of Ningbo, Lu Ziyue, said: “The continual flow of supply chain ideas and leaders will enable companies to further expand and diversify the economic growth of our region.”
MIT president Rafael Reif said: “Given the scale and impact of Ningbo’s shipping operations, it will immediately become a central player in the MIT SCALE Network.”
The NSIIC is set to open in autumn 2016 and its master’s degree is to be modelled on the MIT Supply Chain Management Program.
“China is an essential component of nearly every global supply chain, and nearly one billion tons of goods flow through Ningbo each year,” said Yossi Sheffi, director of MIT CTL and the SCALE network.
As well as being a major port, Ningbo is also a centre for the petrochemical industry base, with China’s largest refinery.