Wanda chairman makes largest donation in China's history

Wang Jianlin, chairman of the Dalian Wanda Group and the richest housing developer in China, donated 1 billion yuan to the Nanjing municipal government in his own name at a contract signing and donation ceremony on Nov. 8. This is the largest ever single personal donation in China and will be used to rebuild the Porcelain Tower of Nanjing.

The charitable donations Wanda Group and Wang personally have made over the past 22 years totaled over 2.7 billion yuan. Wanda Group is one of the private Chinese companies that have made the largest charitable donations and received the China Charity Award four times.

Wang was elected Honorary President of the China Charity Federation and was awarded the title of "Model of Earthquake Relief Efforts" by the Central Committee of the Communist Party of China (CPC), the State Council and the Military Commission of the CPC Central Committee.

Nanjing municipal government will make great efforts to promote the reconstruction project of the Porcelain Tower and build Nanjing into a well-known historical and cultural city, so as to provide strong cultural support for the city's leading status in the Yangtze River Delta. It is estimated that the project will be completed in 2013, and the tower will be officially open to the public in 2014, said Zhu Shanlu, a member of the Standing Committee of the CPC Jiangsu Provincial Committee and secretary of the CPC Nanjing Municipal Committee.

By People's Daily Online