Advertisement

Audit zooms in on hi-tech sector

Reading Time:1 minute
Why you can trust SCMP

Prominent government-funded science and technology programmes, including a project approved by Deng Xiaoping, have become the latest target of the National Audit Office.

The 7 billion yuan worth of projects audited include the '863 programme' and '973 programme', both organised and implemented by the Ministry of Science and Technology, the China News Service reported yesterday.

The state auditor has uncovered a number of scandals relating to misappropriated funds while assessing the finances of government bodies and state-owned enterprises.

Advertisement

The 863 programme, also known as the High Tech Research and Development Programme, was approved by Deng in March 1986 as an attempt to close the technology gap between China and the developed countries.

It comprises projects in eight major hi-tech areas, including biotechnology and information technology.

Advertisement

The 973 programme, which is also known as the National Basic Research Programme, was approved in June 1997. It focuses on basic research to meet the country's major strategic needs.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x