Home / Understanding big issues

Charity law to be discussed as giving booms in China

By Luo Wangshu (chinadaily.com.cn)

Updated: 2016-03-04 13:30:46

8.03K

To establish a more standard and transparent environment to increase donations in China, the draft of China's first charity law will be discussed during the two sessions, a spokesperson for the top legislature said at the news conference on Friday.

The Chinese are getting rich and more willing to give. Thus, a charity law is needed to guarantee donors' rights, help the underprivileged and punish fraud, said Fu Ying, spokeswoman of the fourth session of the 12th National People's Congress, adding that it will be the first comprehensive charity law in China.

"China has a tradition of helping the underprivileged, especially in recent years, Chinese people are getting rich and many people and corporations are willing to donate part of their wealth to help people in need," Fu said.

In 2006, China's total donation was 10 billion yuan ($1.53 billion) and the number dramatically increased to about 100 billion yuan in 2014.

The number of charitable organizations is also booming. About 65 million volunteers are regularly giving their time.

"China's philanthropy, which has received much support by the government, has experienced rapid development. The government has drafted and revised relevant laws and regulations," Fu added.