(Yicai Global) Jan. 3 -- China's Ministry of Industry and Information Technology supposedly plans to nominate an alcohol-oil dual fuel to win the State Technology Invention Award.

The fuel was a project devised by Tianjin University, diesel engine maker Zichai Power and railroad maker CRRC Qishuyan, state-backed Shanghai Securities News reported. The MIIT wants to see the STIA's second-place prize go to a 3D display made by Sichuan University, Beihang University, TCL Group and Changhong Electric, it added.

The award is one of five different State Science and Technology Prizes handed out almost every year since 2000 to reward citizens and organizations that have made outstanding contributions to scientific and technological progress and innovation. The other four are the Highest Science and Technology Award, the State Natural Science Award, the National Science and Technology Progress Award and the International Scientific and Technological Cooperation Award.

In second place for the National Science and Technology Progress Award, the MIIT plans to nominate large-scale heterogeneous optical networks created by Tsinghua University, Beijing University of Posts and Telecommunications, FiberHome Telecommunication Technologies and Peking University, the report added.