Support for R&D in central colleges

TheMinistry of Finance and theMinistry of Education released a new regulation on the management of basic R&D funds of universities and colleges administered by central ministries. The new regulation, which will come into effect on Nov 1, makes it clear that the funds should be used to support research activities in fields those institutions have selected. The funds will be mainly used to support young college teachers, or those aged below 40, to raise their R&D ability, help excellent college students enhance their research abilities and support innovative team-building.