The National Natural Science Foundation of China issued a new Statement on the Compilation of Final Accounts of National Natural Science Foundation Projects (September 2020), which put forward new requirements for the proportion and management of surplus funds of closed projects: "For projects with a balance of funds above 50% at the end of the project, the project leader is required to make an explanation and submit it together with the final accounts of the project with the consent of the supporting unit. Projects that have no sufficient reason to lead to excess funds will not be closed. "

The data of final accounts expenditure is as of12,31in the year when the project is completed. Only the final accounts of direct expenses are prepared for the projects approved and funded on or after 20 15. According to the audit of the implementation of the 20 19 annual budget of the National Natural Science Foundation of China by the National Audit Office, it is pointed out that the National Natural Science Foundation of China has some problems such as the balance of funds at the end of the project and the excessive balance of some projects. In order to further strengthen the standardized use and management of project funds of the Science Foundation and improve the efficiency of fund use, the project leader is required to explain the project with a fund balance of more than 50% at the end of the project, and submit it together with the final accounts of the project with the consent of the supporting unit. Projects that lead to excess funds without sufficient reasons shall not be closed. You can make a new budget and spend it on scientific research projects in two years.