Charity sees the need
China Daily | Updated: 2011-01-22 07:37
The registration of One Foundation as the country's first independent private charity organization in the southern city of Shenzhen on Jan 11 is of groundbreaking importance.
It breaks governments' monopoly over philanthropic groups and augurs well for pluralistic development of non-government charity organizations. In other words, it signifies the beginning of a new era of charity development in the country.
One Foundation was initiated by Chinese movie star Jet Li three years ago, and had been attached to Red Cross Society of China (RCSC). It did not have an independent account and all its fund raising activities were under the auspice and supervision of the RCSC.
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