 According to authorities, during 2006-2008, it has offered more than 5800 technological transfers and services, and created an economic value of 35 billion Chinese Yuan.According to the rankings by the Ministry of Education of the People's Republic of China Science & Technology Development Center in 2006, the Zhejiang University Technology Transfer Center was ranked as the first one, before Tianjin University, Huazhong University of Science and Technology and Tsinghua University.According to a recent similar report (2007), the center was ranked also first, based on its largest annual turnover of 674.23 million.