Ping An invests $1.4m to aid poor children

A major Chinese insurance company has launched an online educational site to help schools in poor areas of the country.

Ping An Insurance (Group) Company of China Ltd has backed a move by the central government for corporations to help alleviate poverty through education.

"The site, which has online classes, an online library and remote education aids, was launched on June 1, International Children's Day," said Sheng Ruisheng, secretary-general of Ping An Educational Welfare Council, which is part of the main group.