Project 985 (Chinese: 985工程; pinyin: 985 gōngchéng) is a project that was first announced by CPC General secretary and Chinese President Jiang Zemin at the 100th anniversary of Peking University on May 4, 1998 to promote the development and reputation of the Chinese higher education system by founding world-class universities in the 21st century and eponymous after the date of the announcement, May 1998, or 98/5, according to the Chinese date format.