The Yang Guoqiang family comes in fourth on 2021 Forbes China Philanthropy List
Yang Guoqiang, founder of Country Garden, has been recognized as the fourth most generous contributor in the 2021 Forbes China Philanthropy List, donating approximately 2.38 billion yuan (US$357 million). Over 24 years, the Yang family has contributed more than 9 billion yuan (US$1.3 billion) for poverty alleviation and education, helping over 490,000 individuals. Notably, Yang has established programs supporting over 100,000 students and invested 1.1 billion yuan (US$165 million) in vocational schools. His commitment to poverty alleviation earned him the title of "National Advanced Individual in Poverty Alleviation" in 2021.
- Donated approximately 2.38 billion yuan (US$357 million) in 2021, ranking fourth in philanthropy in China.
- Total contributions exceed 9 billion yuan (US$1.3 billion) over 24 years, aiding over 490,000 people.
- Established the Zhongming Grant Program and Guohua Memorial Middle School, helping over 100,000 students.
- Invested 1.1 billion yuan (US$165 million) in vocational education projects.
- Awarded 'National Advanced Individual in Poverty Alleviation' in 2021 for contributions.
- None.
FOSHAN, China, July 23, 2021 /PRNewswire/ -- Country Garden founder and chairman Yang Guoqiang and his family were China's fourth most generous providers of charitable cash donations in 2021 according to the 2021 China Philanthropy List released by Forbes China on July 20, with the founder and family having donated 2.38 billion yuan (approx. US
Over the past 20+ years, the Yang Guoqiang family, Country Garden Group and Guangdong Guoqiang Public Welfare Foundation have donated in the aggregate of over 9 billion yuan (approx. US
Based on the notion that knowledge can change our fate, the three entities have been involved in poverty alleviation through their support of educational programs over the past 24 years.
In 1997, Mr. Yang donated 1 million yuan (approx. US
Notably, with the launch of the grant program, the charity schools and the events in support of education, he has helped change the fate of over 100,000 underprivileged students through education. In addition, the Yang Guoqiang family has invested more than 1.1 billion yuan (approx. US
"I used to be a poor student. I couldn't have finished high school without grants from the government," said Mr. Yang. "The government's reform and opening-up policies have given me an opportunity to give back to society, and I have taken this mission on as a personal responsibility."
As the Yang family's fortunes have continued to grow, the family, Country Garden Group and Guangdong Guoqiang Public Welfare Foundation have deepened their efforts in doing away with poverty with the launch of projects to help those less fortunate in 57 counties across 16 provinces. In addition, they are exploring a replicable, effective and sustainable model for reducing poverty by providing targeted assistance in matters of education and employment, as well as facilitating the engagement of the corporate world in these efforts and working in concert with the Party to do so. Building on its success in poverty alleviation, Country Garden Group has shifted its focus to rural revitalization, with the aim of creating an effective model that involves businesses as well as organizations and that promotes the cultivation of talented individuals. The model also facilitates a better understanding of the importance of culture and ecology while opening up a path by which private enterprises can do its bit to help revitalize rural areas.
In February 2021, Mr. Yang was awarded the title of "National Advanced Individual in Poverty Alleviation" for his outstanding contribution to poverty reduction. This follows his garnering of the China Poverty Eradication Award for Innovation in 2015 and the National Poverty Alleviation Award for Outstanding Contribution in 2016. In October 2019, his daughter, Yang Huiyan, who is also Country Garden Group's co-chairperson, was honored with the 2019 National Poverty Alleviation Award for Outstanding Contribution following the receipt of the China Charity Award for Special Contribution in 2008 and the China Charity Award for Individuals in 2018.
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SOURCE Country Garden Holdings
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