Funding system reform for excellence in science: an interview with Jinghai Li, President of NSFC

The National Natural Science Foundation of China (NSFC) is the major funding agency for China's basic research in natural science. The total budget for NSFC was 26.7 billion Yuan (RMB) in 2017, accounting for 27% of China's total investment in basic research. In the past decades, continuous increases in the National Natural Science Fund and other funding programs provided strong support for the rapid growth in China's science and technology...