Academy changes system for grants

The Chinese Academy of Sciences has redesigned its financial incentive programs to help attract the talent it needs to innovate and compete globally in the fields of world science and technology.

The academy on Monday announced that the adjusted talent program would allow for grants totaling 8 million yuan ($1.29 million) to attract top talent from around the world.

Zhan Wenlong, vice-president of the academy, said that the ultimate goal of the talent programs is to respond to China's strategic needs as well as the national economy.