The Tan Kah-Kee Science Prize Foundation, jointly funded by the Chinese Academy of Sciences (CAS) and Bank of China, was established Tuesday to award outstanding Chinese scientists with significant innovations in their research.
Lu Yongxiang, president of the foundation and president of CAS, told a press conference that the foundation would present its prize every two years to award Chinese scientists who have made major breakthroughs in five scientific fields including mathematics and physics, chemistry, life science, geoscience, and science of technology.
The prize winner would be awarded 300,000 RMB (US$36,000), as well as medal and certificate, Lu said.
Tan Kah-Kee, a native of Fujian Province who died on August 12, 1961, was an outstanding social activist, a celebrated patriotic overseas Chinese leader, an educationist and a patriotic industrialist.
The Tan Kah-Kee Foundation was set up in 1988 to promote patriotism of overseas Chinese entrepreneurs.
(Xinhua News Agency June 18, 2003)