EU and China launch new Co-Funding Mechanism for research and innovation

The recent “Joint Conference in Promoting Excellence through Enhanced EU-China Researcher’s Mobility and Cooperation”, promoted a new co-funding mechanism for research and innovation.The co-funding mechanism is established by the Ministry of Science and Technology on the Chinese side and the European Commission Directorate General for Research and Innovation on the EU side with funding resources on each side.

 

During the period from 2016-2020, the European Commission expects to continue spending over €100 million per year in Horizon 2020 on the Europe-based partners of joint projects with China, with China matching resources to approximately 200 million RMB per year for China-based partners.

The CFM aims to support joint research and innovation activities on strategic topics such as:

  • Food
  • Agriculture
  • Biotechnology
  • Green transport (including aviation)
  • Sustainable urbanisation
  • Information and communication technologies
  • Energy
  • Health
  • Mobility of young researchers

 

To read the joint statement in full and for further details, click here.

 

 

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