According to the science and technology system reform, It should allocate fund recourses according to innovation chain and industry chain. The paper analyses the smart health industry of Zhejiang province by using data of high technology enterprises. The result shows that there is a remarkable advantages in pharmaceutical manufacturing and medical equipment industry, and there are certain research foundation in the fields of health clouds、Chinese herb and chemical APT. Moreover, the funds from the government are mainly allocated in the fields of pharmaceutical and medical equipment. Therefore, It is necessary to speed up the development of industrial weak links, such as healthy cloud, wearable devices, IVD Reagents, CRO and pharmaceutical equipment. It also should strengthen financial support on R D in these fields.