China’s Regulation on the Administration of Foundations, a key legislation governing public welfare and charity, is undergoing its third attempt at revision more than 20 years after it was first rolled out.
In Depth: Foundations Face Long-Awaited Stricter Regulation, Greater Accountability
2025年02月07日 17:17
The new draft legislation has caused a stir as some fear its stricter requirements for launching a foundation and greater accountability for executives could limit growth in the sector
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- The new draft legislation on foundations has caused a stir, as some fear its stricter requirements could limit growth in the sector. Photo: AI generated
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