China Red Cross vows to raise transparency

The Red Cross Society of China on Thursday pledged to improve transparency and supervision to regain public trust, after donations fell for the second year running.

The society saw total revenue hit 3.8 billion yuan ($607 million) between Oct 1, 2011, and Sept 30, secretary-general Wang Rupeng said at a meeting in Beijing.

However, that included just 2.18 billion yuan from private organizations and individuals at home and abroad.