USEUROPEAFRICAASIA 中文双语Français
Home / China

Online donations begin to dominate

China Daily | Updated: 2017-06-08 07:34

From 2011, the year it was established, to December, the Free Lunch for Children Foundation raised 253 million yuan ($37 million). It has spent 169 million yuan to provide meals for 190,000 children in China's rural areas, in addition to funding infrastructure developments and resources.

Last year, the foundation raised 75.72 million yuan, achieving its target, and spent 59 million yuan on charitable activities.

Donations from banks accounted for roughly 30 percent of the total, with 69 percent of online donations coming via Ant Financial Services, the Tencent Charity Fund and Tmall Charity Shops, indicating that online donations have started to dominate the sector.

Online donations begin to dominate

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