Ningbo's transaction of technologies breaks through the 1 billion yuan mark

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Category: Ningbo Business

Published: Monday, 06 February 2012 10:00

According to the statistics of the Ministry of Science and Technology, in 2011, Ningbo has registered 1,198 transfers of technologies and the contract value of the transfers reaches 1.0916113 billion yuan, breaking through the 1 billion mark for the first time. Compared with 2010, the number of transfer and the contract value increase by 35.5% and 11.2% respectively.

In the last year, the city exported 1,198, 314 more than in 2010, increased by 35.5%. The contract value mounts to 1.0916113 billion yuan, 109,821,300 yuan more than in 2010, increased by 11.2%.

"This is the first time Ningbo breaks through the 1 billion mark in the transfer of technologies and this indicates that Ningbo has entered a new stage in its scientific and technological creativity," said a related person from Ningbo Municipal Bureau of Science and Technology