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Diversified investment in Henan supports scientific and technological innovation
What is a joint fund? "The joint fund was initiated by the Provincial Science and Technology Department and the Provincial Department of Finance, and was jointly established by cities, counties, universities, research institutes, hospitals and enterprises, including social capital donations." The relevant person in charge of the Provincial Department of Finance said that the joint fund is a non-profit fund, which is mainly used for basic research, applied research and cutting-edge technology research. Concentrate resources to promote the technological construction of key disciplines and key industries in our province.

What are the income sources and expenditure directions of mutual funds? It is understood that the income source of the joint fund consists of provincial financial contribution, city and county financial contribution, unit's own funds contribution and free donation. The expenditure direction includes scientific research project funds and daily management expenses. After the funds arrive at the undertaking unit, refer to the fund management of the same kind of financial research projects.

How to standardize the use of joint funds? In the management mechanism, the joint fund adopts the decision-making system of the board of directors, which is composed of the provincial science and technology department and the finance department, and is responsible for organizing the decision-making meeting on major issues of the fund, approving the establishment of sub-funds, reviewing the operation report and implementing supervision and management.

It is understood that in 20 19, the Provincial Department of Finance and the Provincial Department of Science and Technology issued the Measures for the Administration of Natural Science Funds in Henan Province (Trial), clearly proposing to encourage natural persons, legal persons or other organizations to donate or cooperate with provincial funds to set up joint funds. Recently, the implementation of the Interim Measures for the Management of Joint Funds of Provincial R&D Programs in Henan Province will promote all sectors of society to concentrate their efforts on providing strong funding guarantee for scientific research and development.

"The provincial party committee work conference put forward the full implementation of the' Ten Strategies', among which the strategy of innovation-driven, rejuvenating the province through science and education and strengthening the province through talents ranked first, releasing a clear signal that the provincial party committee and the provincial government are making great efforts to pay close attention to scientific and technological innovation." The relevant person in charge of the Provincial Department of Finance said that in the next step, we will continue to give full play to the guiding and inciting role of financial funds, actively guide the whole society to increase investment in R&D, give play to the decisive role of market allocation of innovative resources, establish and improve the multi-input mechanism of government and social funds, continuously broaden the sources of innovative funds, and form a joint force to support scientific and technological innovation.