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Eleven new influential regulations for Chinese businesses

chinadaily.com.cn | Updated: 2018-06-29 07:02

10 Research findings turn to cash for scientists and engineers

A scientific staffer at Shanghai Jiaotong University researches robots in Nantong, Jiangsu province on August 31, 2016. [Photo/VCG]

Scientists and engineers can receive 50 percent of their cash bonus through research findings transformation in their monthly salaries starting July 1, according to the Ministry of Finance, the State Administration of Taxation, and the Ministry of Science and Technology. This regulation applies to scientific and technological staff working for non-profit R&D and higher education institutions.

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