According to statistics, in the recent three years, Ningbo finance has arranged funds of 1.235 billion yuan of various kinds to strengthen the subsidy and reward to enterprises for scientific research and development, technical innovation projects and energy conservation and exhaust reducing, and to stick to the support policy for key advantageous enterprises and new industries such as new material and new energy. This has played a positive role in ventures and innovation, transformation and upgrading of more than 1000 enterprises.
The implementation of the positive financial policy has greatly advanced the development of Ningbo s industrial economy. Last year, Ningbo industrial enterprises above designated size attained added value of industrial output of 161.73 billion yuan, a year-on-year growth of 3%.