Yes The National Natural Science Foundation is an important part of China's scientific research innovation system and the most valuable scientific research project in China. The National Natural Science Foundation (NSFC) was formally established on February 4th, 1986. It is managed by the Ministry of Science and Technology from the institutions directly under the State Council, manages the National Natural Science Fund according to law, operates relatively independently, and is responsible for organizing the implementation of funding plans, project initiation and evaluation, project initiation and supervision.