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List of 2008 Innofund Projects Unveiled

Recently, the Ministry of Science and Technology and the Ministry of Finance have approved the first batch of projects in 2008 under the Innovation Fund for Small Technology-based Firms (Innofund). The projects cover a wide range of fields such as electronic information, biomedicine, new materials, mechatronics, new energy and environmental protection. A total of RMB 970.24 million will be channeled to 1,592 projects.

To boost openness, fairness and equity, the project list will be released and undergo public scrutiny for two weeks.