The explosion is said to have occurred at a factory at about 09:00 local time in the city’s Jiangbei District, causing some nearby buildings to collapse.
Chinese media said the explosion happened in an industrial area, and residential buildings damaged nearby were already empty ahead of planned demolition.
Some local reports suggested gas canisters could have been to blame for the blast.
Shattered windows were reported in businesses up to 1mile away from the site of the explosion itself.
According to state media, at least 30 people had been taken to local hospitals amid rescue operations.
Footage showed rescuers carrying people away from an area surrounded by debris.
Industrial accidents are common in China, and have prompted growing calls for better safety standards.
The government says it has been tightening site inspections and toughening punishments for safety lapses.
However, while the number of workplace deaths in 2017 is reported to have fallen by more than 25% on 2016 – industrial fatalities still number at least 29,000 in the year to date.
Police said on social media that an investigation was under way to determine the cause of the latest explosion.
Ningbo has a large international shipping port and is best known for its auto-manufacturing industry, it is home to Geely – the Chinese owner of Volvo.
Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…
Millions of voters across the US chose to return Donald Trump to the White House…
Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…
Stocks around the world are rising as Donald Trump appears to be on the cusp…
Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…
Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…