Universities slash research funds amid COVID-19 fallout
Jiangnan University in East China’s Jiangsu province announced it would slash between CNY13.4 million (US$1.9 million) and CNY37.45 million (US$5.3 million) from its 2020 scientific research budget, according to a statement by university officials. “All funds for basic scientific research projects will be reduced to 75% of their original plans,” the statement said.
Jiangnan University, China’s Ministry of Finance and Ministry of Education have together pledged to lead a frugal lifestyle, and have also reduced budgets for ministries affiliated with colleges and universities.
Full report on the Global Times site