CGPI and Shenzhen Council for the Promotion of Community Construction signed a strategic cooperation framework agreement and unveiled Shenzhen Community Governance Information Center at Shenzhen International Innovation Center.
Reform and opening up have promoted the sustainable development of modern philanthropy -- report on the implementation of the Charity Law of China in 2018
On September 1, the third anniversary of the implementation of the Charity Law, China Philanthropy Research Institute released the 2018 report on the implementation of the Charity Law of China in Beijing. In 2018, the supporting laws and policies of the Charity Law were further improved.
On December 18, 2019, the 14th Compassion Award was announced, and Wang Zhenyao, President of China Global Philanthropy Institute (CGPI), Dean of the China Philanthropy Research Institute and Professor at Beijing Normal University won the award by standing at the forefront of philanthropy to lead the global philanthropic trend.
Wang Zhenyao is 65 years old this year. having been busy half of his life, he did not take the common way, but resigned from the ministry to seek new career when approaching 60 years old. He devotes himself the life after 56 years old to Chinese philanthropy.
After 40 years of rapid economic growth in the “Reform and Opening Up” era, China now has the second-highest tally of millionaires in the world. These newly wealthy individuals seek to carry on their legacy and to promote social values through family philanthropy. Meanwhile, the philanthropic sector as a whole is burgeoning. China passed its first Charity Law in 2016, expanding the field of charity from a focus on disaster relief, poverty alleviation, and education to encompass many other areas related to social welfare and sustainable development. The Center for Family Legacy at China Global Philanthropy Institute (CGPI) carried out an exploratory assessment of China’s family foundations, evaluating and ranking foundations based on size of financial contributions, degree of social impact, and governance, and identifying challenges and opportunities for further increasing philanthropic engagement and efficacy.