40 Years of Chinese Charity in Different Phases
A personal attempt to summarise the course of the last 40 years of philanthropy in China, from the Reform and Opening Up until the present day.
On the 31th of August, the fifth session of the 13th National People’s Congress’s standing committee passed an amendment act on the Individual Income Tax Law. The newly revised Individual Income Tax Law will come into effect in January 2019. According to article 6 of the new Law, “the amount of money for donations that do not exceed 30% of the taxable income declared by taxpayers can be deducted from their taxable income, on condition that the income is donated to charitable causes such as education, poverty alleviation, and relief. The provision stipulated by the State Council that a full pre-tax deduction can be made for charitable donations shall prevail”. …read more
Qin Yuefei, representative of the local People’s Congress for Hunan province and founder of the non-profit “Serve for China” (黑土麦田公益), has recently faced accusations of multiple counts of ambiguous financial activities and lack of personal and organisational transparency. Over the past few years Yuefei has garnered much public recognition as a Yale graduate who gave up a possible six-figure salary to be a minimum wage village official in Hunan. In 2012 he was elected as the NPC’s representative for Hengshan county, and was awarded the title of “finest government official” by CCTV in 2013. Yuefei gained widespread public attention after various media outlets broadcast his inspiring story of returning to his humble …read more
Since 2016, the Ministry of Civil Affairs has been endeavoring to regularize online fundraising. This month, the first 11 online public fundraising platforms officially designated by the ministry for charity organizations to fundraise went through a statistical assessment. The assessment, conducted by the ministry, measured the amount of money these platforms raised, the number of people who participated, and different charities’ levels of activity on these platforms during the first half of 2018. According to the report that the Ministry of Civil Affairs released, from January to June 992 charity organizations participated in the 11 platforms’ online fundraising, posting 11,000 calls for donations for 10,103 projects. 3.57 billion individual donations collectively raised 980 million …read more