Print This Page Email This Page
Lottery Buyers Awarded for Welfare Contribution

Chinese lottery players are awarded a special honor for their 34.4 billion yuan (US$4.9 billion) contribution for the public good last year, according to the Beijing News on Sunday.

Chinese lottery buyers have made the greatest contribution to public welfare fund collection, exceeding the country's individual and enterprise donations, which stood at 22.3 billion yuan in total in 2007, according to China Association of Social Workers under the Ministry of Civil Affairs.

The association put the lottery buyers, together with 149 philanthropists and 325 enterprises, into its annual charity ranking list.

The 149 philanthropists and 325 enterprises, respectively donated 1.7 billion yuan and 5.5 billion yuan.

Last year, China's lottery sales reached 101.7 billion, an increase of 18 billion yuan or 20 percent over 2006, setting a 20-year record in China's lottery history.

In China, a minimum of 35 percent of takings must go to the welfare sector. For a 2 yuan lottery ticket, 70 cents is spent on public welfare.

China had issued more than 460 billion yuan lottery tickets since it was launched in 1987, and lottery sales have contributed more than 150 billion yuan to public welfare fund.

Lottery ticket sales are one of the major sources of funds for building community sports facilities and financing the country's social welfare programs.

(Xinhua News Agency April 28, 2008)


Related Stories
- Welfare Lottery Sales Shoot up Nearly 30%
- Welfare Lottery Gives Stipends to Guangdong Orphans
- It's a Sure Thing for Lottery Sales
- Vice Premier Calls for Better Management of Welfare Lottery Industry
- Sports Lottery Funds Poorest College Students

Print This Page Email This Page
China, EU Start High-level Economic, Trade Dialogue
Beijing to Recruit 100,000 Volunteer Blood Donors
Approval Needed Before Neurosurgical Operations to Treat Mental Diseases
ADB: China Loans to Prioritize Balanced Growth
Inflation Slows Income Growth of Urban Chinese
Rural Online Users Up 128% in 2007


Product Directory
China Search
Country Search
Hot Buys