English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 About China
- China at a glance
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Chinese leadership
- Selected Works of Deng Xiaoping

Home >> China
UPDATED: 16:49, May 30, 2005
Donations by overseas Chinese approach 50 billion yuan
font size    

So far, there are totally 40 million overseas Chinese living in more than 160 different countries and regions across the world. For a long time, overseas Chinese took their donations to the motherland as their nostalgia and return for the native land, which has become an outstanding and long-standing tradition. As is learned from the relevant department, according to the incomplete statistics, donations made by overseas Chinese to the cause of public welfare have exceeded 50 billion yuan from the late 1970s. Of the total donations, 60 percent has been used for the popularization of education. Donations from overseas Chinese now stand for the second financial source in China behind government allocations.

Since China adopted the policy of reform and opening-up, donations by overseas Chinese for the cause of education in their native places have become a common practice, and the forms of donations were various. Some of them were in the name of themselves, families or of mass organizations and associations and some established foundation and scholarship. Among the donators, there are giant entrepreneurs who donated millions, and old overseas Chinese who contributed their life savings to the cause of education, the enhancement of elementary education in rural areas in particular. Their donations, bringing timely hope and knowledge to the children in former revolutionary base areas, areas inhabited by minority nationalities, remote and border areas and poverty-stricken areas, is changing the children's destiny. As the words among the overseas Chinese go, "The most beautiful buildings are schools in rural areas, and the best schools are donated by overseas Chinese".

Lin Zhaoshu, chairman of All-China Federation of Returned Overseas Chinese, said that patriotism is the tradition of Chinese. Especially, when living in the foreign countries, overseas Chinese suffer from strong nostalgia. Once they are crowned with success, they place their hope on the prosperity of their native places, the development of education in particular. Like Tan Kah Kee said, "Education is the foundation underlying all efforts to build the country".

By People's Daily Online

Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this

- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- China's overseas investment on the rise

- Overseas investment in China up in first 4 months

Online marketplace of Manufacturers & Wholesalers

Copyright by People's Daily Online, all rights reserved