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Report: China lags far behind in charity contribution
By Li Xinran |
November 2, 2010, Tuesday
|
Online Edition
Online Edition
DOMESTIC donors last year chipped in 33.2 billion yuan (US$4.96 billion) for charity, or 0.01 percent of the nation's gross domestic product, compared with 2.2 percent by their peers in the United States during the same period, according to a study by China's top think tank.
The 3.5 percent increase in social contribution from a year ago was not enough to narrow China's gap with other four countries – the US, Britain, Brazil and India – picked as samples for the study.
According to the 2010 bluebook on domestic philanthropy by the Chinese Academy of Social Sciences, the number of private charitable foundations in the country reached 800 last year. But China still lagged far behind the US, top of the list, and Britain and trailed after Brazil and India, two emerging economies.
Yu Zhiqiu, a co-writer of the bluebook, told Beijing-based Legal Evening News that invisible donations were not included in their study and their amount could surpass the total received by the charities.
The invisible contribution mainly sponsored infrastructure construction at donor's community or spent on churches and temples or as financial aid to seniors, Yu added.
Real estate developers were the most generous and accounted for 16 percent of major donors nationwide, said the bluebook.
China's real estate sector is more profitable than other industries. Many developers are enthusiastic about charity partly to soothe public resentment over soaring housing prices, it added.
The 3.5 percent increase in social contribution from a year ago was not enough to narrow China's gap with other four countries – the US, Britain, Brazil and India – picked as samples for the study.
According to the 2010 bluebook on domestic philanthropy by the Chinese Academy of Social Sciences, the number of private charitable foundations in the country reached 800 last year. But China still lagged far behind the US, top of the list, and Britain and trailed after Brazil and India, two emerging economies.
Yu Zhiqiu, a co-writer of the bluebook, told Beijing-based Legal Evening News that invisible donations were not included in their study and their amount could surpass the total received by the charities.
The invisible contribution mainly sponsored infrastructure construction at donor's community or spent on churches and temples or as financial aid to seniors, Yu added.
Real estate developers were the most generous and accounted for 16 percent of major donors nationwide, said the bluebook.
China's real estate sector is more profitable than other industries. Many developers are enthusiastic about charity partly to soothe public resentment over soaring housing prices, it added.
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