- CNTV English - CCTV News

Homepage > News > Biz >

China's welfare lottery sales over 23 years nearly reaches $66 bln

07-12-2010 08:26 BJT

BEIJING, July 11 (Xinhua) -- The value of welfare lottery sales in China as of the end of this May had reached almost 450 billion yuan (66 billion U.S. dollars), since the welfare program was first launched 23 years ago, helping to raise about 149 million yuan for the public welfare fund, an official from lottery administration agency said Sunday.

The public welfare fund has been used to build and expand more than 150,000 welfare facilities, including social welfare institutes, homes for the elderly in rural areas, sheltering centers for homeless minors and schools for orphans, said Bao Xuequan, director of the Welfare Lottery Distribution and Management Center at a two-day international forum on the reform and development of the social welfare service, held in Beijing on Saturday and Sunday.

The fund has been used in helping AIDS orphans, disaster survivors and the disabled, as well as for providing social medical aids, humanitarian assistance and legal assistance to people in need, Bao said.

China's welfare lottery started in 1987, when the Civil Affairs Ministry was authorized by the State Council, the Cabinet, to raise welfare funds through lottery sales.

Many welfare lotteries have since been established such as spot lottery, lotto and keno -- directly employing about 300,000 employees.

"The sale of welfare lottery was the guarantee for the country's social welfare development, employment and economic advancement," Bao said.

Editor:Xiong Qu |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program