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“I hope that the prize will encourage more research that is beneficial to the world and humankind, promote Chinese culture and make the world a better place,” he said in a statement released by the prize foundation.
What is this Tang Prize ?
Tang Prize is a prize inspired by Nobel, which aims to reward major achievements in the fields of science in a similar manner to the European Nobel Prize, only with bigger cash prizes, while also supporting research.
The origin of Tang Prize
The Tang Prize is named after China’s Tang Dynasty (618-907), which is much admired by Yin. The dynasty has inspired generation after generation with admiration for its vibrant characteristics of self-confidence and cosmopolitan inclusiveness, which are the qualities that the Tang Prize seeks to promote, said the award committee.
Award Details
Tang Prize is going to Begin in 2014. These prizes will be awarded for every two years in four different categories to individuals, regardless of nationality.
The awards are
- Sustainable development
- Biopharmaceutical science
- Sinology and
- The “rule of law”
Prize-money details
The winner in each category will receive Tw$50 million ($1.7 million), compared to the eight million Swedish kronor ($1.2 million) that comes with a Nobel Prize.
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