Chinese national innovation funding programs for foreign experts
The Chinese government sponsors several funding programs both at the national and local levels. These include programs offered to European nations.
At the national level, five funding pillars for innovation, science, and technology are available:
The Natural Science Foundation of China (NSFC) administers the NSF, focusing on applied and fundamental (basic) research in the natural sciences.
These projects target China’s economy and industrial competitiveness focusing on major key projects or products, technologies, and engineering.
These programs are applicable to areas of social welfare and people’s livelihood, and R&D projects that are well-defined and well-targeted areas in those aspects.
- Technology Innovation Guiding Fund (s)
This program fund projects related to innovative start-ups and SMEs (venture capital funds, private equity, and risk compensations), stimulating their transfer and commercialization.
- Bases and Talents Programmes
This program aims to establish top-notch and state-of-the-art innovation bases and to foster talents and teams with global competitiveness.
The Ministry of Science and Technology will lead the inter-ministerial joint council made up of 31 ministries and government agencies. Furthermore, this council will have the job to integrate the above five pillars into a unified management structure where coordination of priorities, strategies, directions, and budgeting, and preventing overlaps across and within industries and ministries.
Meanwhile, other oversights and safeguarding mechanisms and strategies are in place to ensure that all expected outputs are met and that the granting of projects is done smoothly.
The Thousand Talents Plan
The Chinese government also allotted a program for high-level scientists and talents from overseas at the central level besides the above-mentioned projects. It is inclusive of numerous categories that target different groups of experts, including the one exclusively for foreign scientists. However, this is now replaced by the National High-end Foreign Expert Recruitment Plan.