Fund set up to offer aid to shidu elderly
CHINA yesterday established its first government-sponsored national fund for shidu elderly, a Chinese term coined to describe elderly parents who have lost their only child.
The fund will help the shidu elderly struggling with financial difficulties by giving aid directly or through communities and nursing homes. It has raised donations worth more than 10 million yuan (US$1.61 million), and will be under the direct supervision of the Ministry of Civil Affairs.
A pilot program is currently ongoing in a Beijing subdistrict and earthquake-hit Beichuan County in Sichuan Province.
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