Contents 2020 Review of Key Achievements ---- 4 Figures in Highlight ---- 6 Organization ---- 8 Grants ---- 12 Project Grants for Arts and Business Partnerships ---- 46 Research and Development ---- 58 Resource Development ---- 64 International Exchange ---- 72 Projects Entrusted to NCAF by the Ministry of Culture ---- 78 Financial Affairs ---- 82 Major Events ---- 90 Acknowledgements ---- 92 Appendix: NCAF Founding Provisions ---- 94