Ningbo Merchants Group

The Ningbo Merchants Group (simplified Chinese: 宁波商帮; traditional Chinese: 寧波商幫; pinyin: Níngbō Shāng Bāng), or just simply Ningbo Group, also known as the Grassroots Businessmen, was one of the ten largest commercial groups during the Ming and Qing dynasties, and it became the single biggest commercial regional group of China in the Late Qing dynasty.