Print This Page Email This Page
China's 1st Non-gov't Community Foundation Launched

China's first non-governmental community foundation, the Arcadia Public Welfare Foundation, was launched at the Great Hall of the People in Beijing on Saturday.

The foundation was established with 100 million yuan (about US$14.65 million) donated by Shenzhen Airtown (Eastern) Industrial Co. Ltd. and Shenzhen Arcadia Real Estate Group.

"In the past, it was largely the government that took care of China's communities, but now social groups are playing a vigorous part," said Wang Jinhua, an official in charge of community construction of the Ministry of Civil Affairs.

Arcadia, a residential community built on landfill in Shenzhen, the city that was China's window of reform and opening-up, has received domestic and overseas habitat awards since 2005.

Li Aijun, board chairman of the Shenzhen Arcadia Real Estate Group, said the foundation planned to provide financial aid for community welfare projects, such as senior citizens' housing, schools, recreation facilities and environmental protection teams.

The first project will help a local hospital improve community health care and provide free exams.

(Xinhua News Agency November 9, 2008)

Related Stories
- Report: China to Become a Welfare State by 2049
- China Launches Official Social Welfare Website

Print This Page Email This Page
WB Maps Local, Global Economic Geography
China to Hold National Congress for Disabled
Developed Nations Urged to Take Responsibility in Climate Change
Agricultural Bank of China Receives 130 Bln Yuan Injection
Hard Times for Migrant Workers in Guangdong
WHO: TCM, An Important Part of China's Health System

Product Directory
China Search
Country Search
Hot Buys