Through the development, construction and transformation of the old city, Ningbo has formed modern municipal administration system which enables the city to have had such great changes.

宁波设市后对宁波旧城展开前所未有的开发、建设和改造工作，初步形成了近代市政制度，使宁波城市面貌发生了迥异于昔日的重大变化。

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"So today,my administration is proposing a sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression."

VOA: special.2009.06.19