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Banfu recently released 17 preferential policies for enterprises, aiming to promote investment, advance sci-tech innovation, and support enterprises' development.

Among these policies, a maximum subsidy of 1 million yuan will be provided to newly introduced investment projects, 500,000 yuan to city-level innovation teams, and 500,000 yuan to listed companies that move into Banfu from their registration places.

In 2022, Banfu achieved a GDP of 5.96 billion yuan, an added value of industrial enterprises above designated size of 2.38 billion yuan, and a total fixed-asset investment of 2.21 billion yuan. Banfu also became home to 8 more enterprises with a registered capital of 100 million yuan, making the total number to 33.