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Corporate Social Responsibility & Sustainability in China

Corporate Social Responsibility in China

CYDF Launches Hope Hospital In Henan

August 2, 2006
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China Youth Development Foundation has launched two hope hospitals in Henan Province: Renhe Hope Hospital and Huadi Hope Hospital.

Hope Hospital is similar to Project Hope which was initiated by CYDF in 1989. Now there are 12559 Hope primary schools set up by Project Hope in underprivileged rural areas, supporting over 2.8 million poor students.

Hope Hospital aims to attract and make use of social donations to help hospitals in rural, poverty-stricken areas improve their equipment, medical treatment tools and train their medical staff.

Li Gang, project director of Hope Hospital, says that the donation standard is RMB500,000, and the local governments shall provide no less than 60% of the donation fund. That is to say, each Hope Hospital will have no less that RMB800,000 for operations. The local governments should also handle at least 60% of the salary and insurance of the medical staff.

A third Hope Hospital will be located in a village in Hubei or Anhui province.

A representative from CYDF says that they plan to set up over 10000 Hope Hospitals in the next 20 years, which will need at least RMB5 billion funds.

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