Does the money from the Youth Fund belong to individuals?

Belongs to individuals. According to the Regulations on the Management of Youth Funds issued by the National Development and Reform Commission of China, a youth fund is established to support young people's innovation and entrepreneurship. The use and management of funds are personal. Applicants for the Youth Fund need to submit project plans and related materials, and get funding after examination. The use of funds includes project research and development, equipment purchase, personnel training, etc., and must comply with relevant regulations and requirements.