Char­ity Law goes into ef­fect

China Daily (Canada) - - NEWS CAPSULE -

China’s Char­ity Law, passed by na­tional law­mak­ers in March, took ef­fect on Thurs­day in a move to ease re­stric­tions on the fundraising and op­er­a­tional ac­tiv­i­ties of char­ity groups.

The law also in­cludes strict reg­u­la­tions to pre­vent fraud and im­pose tighter su­per­vi­sion on the man­age­ment of char­ity groups.

China had about 670,000 reg­is­tered so­cial or­ga­ni­za­tions as of the end of June, in­clud­ing 5,038 foun­da­tions, ac­cord­ing to the Min­istry of Civil Af­fairs.

By the end of 2015, reg­is­tered so­cial or­ga­ni­za­tions had re­ceived $9.12 bil­lion in do­na­tions.

The law also prom­ises tax ben­e­fits to en­cour­age more en­ter­prises and wealthy peo­ple to do­nate to char­ity projects.

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