Today at the 3rd Siming Insurance Forum, Ningbo Vice Mayor Huang Jiong revealed that this year coincides with the 10th anniversary of the approval of the Ningbo National Insurance Innovation Comprehensive Pilot Zone. Over the past ten years, the total assets of the insurance industry in Ningbo have grown from 46.1 billion yuan to 123 billion yuan; premium income has grown from 22.8 billion yuan to 63.6 billion yuan; and the coverage scale has increased from 8.5 trillion yuan to 87.7 trillion yuan. Driven by insurance support, the added value of the city's financial sector reached 158.4 billion yuan, accounting for 8.5% of the gross domestic product. In the field of insurance funds supporting major projects, Ningbo introduced a total of 180 billion yuan in insurance capital over ten years.

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