China's largest private charity elects new chiefs
Updated: 2014-02-11 02:02
(Xinhua)
|
|||||||||||
GUANGZHOU - Ma Weihua, the former governor of China Merchants Bank, will take the helm of One Foundation, China's largest private charity, it announced on Monday.
The charity's board of directors on Monday voted that Ma should succeed economist Zhou Qiren as the new chairman of One Foundation, while Du Peng, head of Shenzhen's civil affairs bureau, won the vote to become head of the board of supervisors.
The foundation was established in 2010 in Shenzhen of south China's Guangdong Province with a registered capital of 50 million yuan (8.25 million U.S. dollars). It has brought together funding from several separate charities headed by leading Chinese entrepreneurs, including the one founded by actor Jet Li in 2007 along with the Red Cross Society of China.
Donations to the fund topped 470 million yuan in the first nine months of last year, a financial report issued in the third quarter of 2013 showed.
The foundation said it will continue to focus on disaster relief in the next three years, with special attention dedicated to enhanced disaster preparedness and response in southwest China and ongoing reconstruction of the quake-hit Ya'an in Sichuan Province.
One Foundation's board of director boasts many senior Chinese private businessmen including Jack Ma from e-commerce giant Alibaba, Liu Chuanzhi from Lenovo, the world's largest PC maker, and Wang Shi from China's biggest real estate firm Vanke.
Related Stories
2013 One Foundation Warm Bag charity campaign starts in Urumqi 2013-12-11 10:10
Alipay, One Foundation launch mobile donation 2013-09-19 11:22
Jet Li's One Foundation goes public 2011-01-12 08:21
Huiyuan joins One Foundation as a partner in education efforts 2009-09-07 08:07
With Jet Li-One Foundation charity 2009-05-12 10:15
Jet Li: 'One Foundation' passes along funds and hope 2008-05-30 11:36
Today's Top News
Nanjing Massacre is undeniable
China, EU seek more close ties via talks
Lessons of history for Japan
Visit keeps momentum going
Shanghai tops Asia on fashion
Retirement age should be raised
Minimum alcohol price would save UK lives
Spanish princess testifies in corruption probe
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Games bid to boost winter sports |
Sochi Olympics |
Bittersweet Spring Festival |
Find provides grave paws for thought |
Smog descends on the 'two sessions' agendas |
Entertainment: Console ban? |