USEUROPEAFRICAASIA 中文双语Français
Home / China

Proposed changes aiming to help regulate charities

By Cao Yin and Luo Wangshu | China Daily | Updated: 2015-10-31 07:58

A long-awaited draft law to improve China's charitable organizations and the industry was submitted to the nation's top legislative body for the first discussion on Friday.

The draft, studied by the Standing Committee of the National People's Congress at its bimonthly session, highlights the importance of the transparency of charitable organizations and clarifies what such an organization is and what responsibilities they should take.

As total annual donations have increased to 100 billion yuan ($15.73 billion) from less than 10 billion yuan in 2005, embezzled donations and other scandals have arisen in the industry, "which is why we are strongly calling for its regulation through legislation," said Tian He, a legal researcher at the Chinese Academy of Social Sciences' Institute of Law.

Proposed changes aiming to help regulate charities

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US