Bounty System

Country / jurisdiction: People's Republic of China · Year: 2021 · Status: In force · Level: National · Type: Voluntary

China conducted a call to create incentives for impactful R&D in critical minerals, electric vehicles, energy storage, and hydrogen. The government publishes a list of specific research obstacles submitted by stakeholders and encourages applications from consortia of parties, such as companies, financial institutions, research institutions, and universities, to address those obstacles. Selected research teams are evaluated and compete to earn further funding.

Official source: https://service.most.gov.cn/u/cms/static/202107/%E2%80%9C%E6%B0%A2%E8%83%BD%E6%8A%80%E6%9C%AF%E2%80%9D%E9%87%8D%E7%82%B9%E4%B8%93%E9%A1%B92021%E5%B9%B4%E5%BA%A6%E2%80%9C%E6%8F%AD%E6%A6%9C%E6%8C%82%E5%B8%85%E2%80%9D%E6%A6%9C%E5%8D%95_20210709084200.pdf