Nanjing released the Measures on Administration of Special Fund on Scientific and Technological Achievements Transformation ("Measures") so as to fund major S&T achievement transformation projects.
According to the Measures, 500,000 yuan to 2 million yuan will be allocated to a project if it meets the following requirements.
1.a core technology with indigenous intellectual property which can lead the development of an industry, especially an emerging industry; and
2. being cultivated with the special fund on provincial-level S&T achievement transformation.
(Source:IPR in China)