HSBC on quest to build communities

Program enters second year, with a further 10m yuan to tackle residents' pressing problems

For years the residents of Jixiangli, in Beijing's Chaoyang district, complained about what many in the capital city have in recent years: a lack of community spirit because of a transient population arriving and leaving all the time.

But late last year, a new program was rolled out there, which officials say has created a much stronger, self-governing community. The program has set about tackling some of the community's most-pressing needs, including helping the elderly and organizing cultural events.