The nomination and selection process of the biennial Tang Prize takes place in accordance with the following timetable, with the second year being the awarding year:
May of the first year: The Tang Prize Selection Committee sends invitations to individuals and/or institutions and ask them to nominate qualified candidates.
End of September in the first year: Deadline for submitting nominations.
From October of the first year to May of the second year: The Tang Prize Selection Committee for each prize category reviews the nominations, chooses one to three finalists, and submits a list of finalists with supporting documents to the Foundation’s Board of Directors for final approval.
May of the second year: The Foundation’s Board of Directors reviews and approves the list.
June 18-21 of the second year: The Foundation announces winners.
September of the second year: The Foundation holds the award ceremony and related events.