First started in 1982, the "National Program
for Key S&T Projects" is a critical component of
the five-year plans for the national economic and social
development. It is updated every five years and submitted
for approval by the National People's Congress --the Chinese
The objective of the Program is to
find solutions to the scientific and technological
bottlenecks in the national economic and social
The Program is funded by both the
central and local governments, and supplemented by financial
inputs from different industrial sectors and institutions.
The government investment is in three types: completely free
support, partially free support, and loans. The government
investment on the Program during the Eighth Five-year Plan
period (199 l-1995) was about 3.5 billion yuan.