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Innovation enjoys 10b yuan
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CHINA plans to earmark about 10 billion yuan over the next five years for the country's first pilot massive knowledge innovation programme initiated in 1998, the largest sum ever allocated for a research group in China over the past five decades.
The sum brings the total funding from the Central Government for the programme up to over 15 billion yuan since it was started in June 1998.
Lu Yongxiang, president of the Chinese Academy of Sciences (CAS), said yesterday the programme was designed as a pilot reform to lift China's independent innovation capability in high-technology fields, and provide the country with vigorous scientific and technological support to realize its ambitious medium- and long-term development goals.
China plans to double its gross domestic product by 2005 over that of 2000, and catch up with medium developed countries by the middle of this century.
President said the CAS plans to consolidate its 123 research institutes nationwide into about 80 ones with powerful innovation capabilities in sciences and technology, and sustainable development capability, including about 30 ones widely acknowledged in the world as high-level research institutions.
He said the academy aims to "turn three or five of its institutes into the best of its kind in the world".(Xinhua)
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