Keyword: Social Service

New SOE categories: profitable firms and social enterprises

The State Council, the Ministry of Finance and the National Development and Reform Commission jointly released the Guiding Opinions on the Definition and Classification of the Functions of State Owned Enterprises (SOE)( 《关于国有企业功能界定与分类的指导意见》) on December 29. This document divides SOEs into two categories, profitable firms and firms dedicated to public welfare, according to what type of business they conduct. Different policies on reform, development, supervision and evaluation are set out for the two categories. The aim of profitable firms is defined as enlarging the function of state-owned capital, maintaining the value of state-owned assets and realizing their appreciation. They are encouraged to make use of market mechanisms, operate independently in accordance with …read more

Support for Social Organizations from the 2016 Central Government Budget Available

The Ministry of Civil Affairs (MCA) has issued the 2016 Implementation Plan on Support for Social Organizations Participating in Social Services Provision through the Central Government Budget (《2016年中央财政支持社会组织参与社会服务项目实施方案》). The entire budget, aimed at supporting social organizations which have projects focused on aiding the aged, the disabled and children, as well as on social work, capacity building and staff training, is estimated to reach 200 million Yuan. The plan for 2016 is that the Central Government budget will not support organizational activities related to basic infrastructure, research and advocacy. Regarding social organizations with projects that have a broader range of beneficiaries such as those involving lectures, seminars or book granting, a stricter selection and …read more