China Net – Last year's RMB 2 billion in welfare lottery funds to be used for public interest

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Last year’s RMB 2 billion in welfare lottery funds to be used for public interest, with a focus on serving disadvantaged groups
去年20亿元彩票公益金用于公益 重点服务特殊困难群体

By Chen Yu (陈郁), China Net (中国网), April 18, 2013

The Ministry of Civil Affairs announced yesterday how it will spend the contents of the welfare lottery public interest fund, revealing a focus on the elderly, the disabled, and orphans. With authorization from the Ministry of Finance, the Ministry of Civil Affairs will spend 5% of the welfare lottery’s funds, or RMB 2.01 billion, on social welfare and public interest projects. Approximately RMB 1.1 billion will be spent on elderly care, RMB 230 million on the disabled, RMB 475 million on orphans, and RMB 201 million on public welfare industry support and development.

Summary by Amanda Brown-Inz. See Article for full text. (Chinese)

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