CDB Reports

Charitable Trust

An analysis of Chinese charitable trusts in 2020: pandemic-driven development

142 new charitable trusts were established in China over the first half of 2020, with total assets of 263 million Yuan between them. A majority of them were created specifically for the fight against the Covid-19 pandemic. This piece offers an analysis of the situation concerning charitable trusts in China, replete with facts and figures.

China’s charitable trusts growing rapidly in 2019, report reveals

Since the beginning of 2019 charitable trusts have developed rapidly in China. Compared to traditional charities, trust companies enjoy certain advantages when taking part in charitable activities, especially in terms of how they can manage their charitable capital and assets.…

Largest charitable trust in China established

The Lu Guanqiu Sannong Fuzhi Fund, whose initial trust property is the entire equity of the Wanxiang Sannong Group Limited Company, completed its charitable trust establishment on October 8, 2018. The Wanxiang Sannong Group Limited Company was established by Lu…

First China Charity Credit List Released

On the 3rd of September, a press conference was held in Tsinghua University to mark the release of the China’s Top Trustworthy Charities of 2018, China’s first charity credit list. The list was jointly completed by the Tsinghua University Charity…

“Measures for the Management of Charitable Trusts” released

The China Banking Regulatory Commission and the Ministry of Civil Affairs (MCA) have jointly issued the “Measures for the Management of Charitable Trusts” (MMCT), marking the basic establishment of the regulatory system for China’s charity trusts. The official news briefing…