China charity law set to boost public trust in charities

April 3, 2015 12:56 PM

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BEIJING (Reuters) - China has prepared a draft law for charities to register directly with the government, making it easier for them to raise funds and gain tax exemptions, while allaying public concern over the way they are run, following some high-profile scandals.

The draft law underscores official concern about anemic charity donations in the world's second-largest economy, which ranked 133 among 135 countries rated by the World Giving Index, largely because of public mistrust of charities.

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