EU and China launch new Co-Funding Mechanism for research and innovation joint projects under Horizon 2020

Today's high level joint conference in promoting excellence through enhanced EU-China researcher's mobility and cooperation launched a new Co-funding Mechanism (CFM) for research and innovation.

The mechanism is managed by the European Commission Directorate General for Research and Innovation on the EU side and by Beijing Ministry of Science and Technology on the Chinese side and it is funded by each side.

To implement the financing instrument, the Europ