Named after its date of establishment (March 1986, 86/3 by the Chinese date format), the 863 Program was proposed in a letter to the Chinese government by scientists Wang Daheng, Wang Ganchang, Yang Jiachi, and Chen Fangyun and endorsed by Deng Xiaoping.[11] After its implementation during the Seventh Five-Year Plan, the program continued to operate through the two five-year plans that followed, with state financing of around 11 billion RMB and an output of around 2000 patents (national and international).[12]