We are very pleased to be here to attend the Workshop on Major Challenges for Research Funding Agencies at the Beginning of the 21st century, in celebrating the 50th anniversary of the Swiss National Science Foundation. On behalf of the National Natural Science Foundation of China, I would like to extend our thanks to Prof. Diggelmann, the President, and Dr. Hertig, the Secretary General, for your ki nd invitation, as well as our warmest congratulations to the Swiss National Science Foundation, our sister organization, with whom we have worked together joyfully over 14 years, supporting many exchanges and visits, and meetings and research projects in the fields like bio-informatics and so on. It was just last June, when the Swiss Innovation Week was held in China, that two workshops were jointly supported by both foundations on the occasion. We are very pleased to be here to attend the Workshop on Major Challenges for Research Funding Agencies at the Beginning of the 21st century, in celebrating the 50th anniversary of the Swiss National Science Foundation. On behalf of the National Natural Science Foundation of China, I would like to extend our thanks to Prof. Diggelmann, the President, and Dr. Hertig, the Secretary General, for your ki invitation and as well as our warmest congratulations to the Swiss National Science Foundation, our sister organization, with whom we have worked together joyfully over 14 years, supporting many exchanges and visits, and meetings and research projects in the fields like bio-informatics and so on. It was just last June, when the Swiss Innovation Week was held in China, that two workshops were jointly supported by both foundations on the occasion.