Chu Jiwang, president of Ningbo Joint Stock Co., Ltd., has joined with Literature Harbor and set up Chu Jiwang Literature Prize in 2013. Recently, Mr. Chu announced that the prize had an upgrade and the detailed information is as follows: The total operating foundation added to 10 millions from previous 3 millions; the biggest prize increased from one 100 thousand to two 100 thousands; the consolation prize added 5-10 from 3.

Mr. Chu said “From now on, I will put more energy on the literature.” And until now, the prizes named after Chu Jiwang has lived up to 3, namely Ningbo Jiwang Charity Education Fund, Ninghai Jiwang Charity Education Fund and Chu Jiwang Literature Prize.