Latest News:  
Beijing   Cloudy    25 / 20 ℃  City Forecast

English>>China Society

Renmin University receives $32m donation

(Chinadaily.com.cn)

08:26, September 21, 2012

Renmin University of China received an endowment of 200 million yuan ($32 million) from alumnus Qiu Guogen on Thursday.

The donation will be used to fund five key projects in the school's next 10-year development plan, as well as the construction and renovation of its campus, said Chen Yulu, president of the university.

Qiu expressed his gratitude to Renmin during the donation ceremony in Beijing. He called for more social capital and private funds to be donated to higher education, saying it is vital for the realization of China's economic transformation.

The endowment is one of the largest donations ever made to the university and one of the largest in the history of Chinese higher education.

Qiu studied investment economics at Renmin from 1987 to 1993 and obtained his bachelor's and master's degrees in economics. The 43-year-old is now president of the hedge fund Shanghai Chongyang Investment, a leading private money manager in China.
News we recommend

Recommended News

Fighters conduct live-fire attack training Mining company blamed for blast Air force conduct confrontation drill
Joining of Huanggang Yangtze River bridge completed New generation fighters in night training Police question pair over PKU performance art
Marine Corps conduct amphibious training Disease prevention next in quake recovery Ground air defense forces conduct live-fire drill

Email|Print|Comments(Editor:马茜、梁军)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. China, U.S. conduct joint anti-piracy exercise in Gulf of Aden

  2. Space shuttle Endeavour takes off for last journey

  3. Alibaba closes buyback deal with Yahoo

  4. Crane whisperer

  5. Funny pictures:the world of brown bears

  6. Sexy & Violence --- Mexican women's wrestling

Most Popular

Opinions

  1. Chances of solving Syria crisis regionally ruled out
  2. Japan has never made effort to reflect its past
  3. Global value chains in the world economy
  4. Renaming of South China Sea draws some flak
  5. Returnees should receive a helping hand
  6. U.S. trade dispute with China a mistake
  7. Landings fan protest flames
  8. Politics should not victimize China-US trade
  9. Shifting sands in Middle East
  10. U.S. has responsibility for Asia-Pacific stability

What's happening in China

Chemical leakage turns villages red in Shandong

  1. Childless elderly to receive government help
  2. Restaurants fail passive smoke test
  3. Measure your happiness index
  4. Hainan to join top tourism destinations: WTTC
  5. Grid to illuminate Sichuan's Tibetan areas

China Features

  1. Survivors tell you how to survive traffic accidents
  2. Why was the U.S. ambassador killed in Libya?
  3. Unforgettable moments you can't miss in Sept.(II)
  4. Three questions for Japan
  5. Commercializing Kung Fu

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture