Google AI
The Times Australia

Times Media Advertising

Glorious Program kindles rural prosperity after 30 years since its establishment with close to 1500 projects

BEIJING, CHINA - Media OutReach Newswire - 11 November 2024 - On April 23, 1994, ten private entrepreneurs issued a call to action: "Let's dedicate ourselves to the noble mission of poverty alleviation.

" This marked the official starting point of China's Guangcai (Glorious) Program initiative.

Glorious Program

The Glorious Program called on Chinese private entrepreneurs to play a part in the development-driven poverty alleviation projects that focus on helping impoverished areas to develop resources, set up enterprises, organize training and develop trade, to help revitalize local economy and ensure that the basic needs of impoverished rural residents are met.

Liu Yonghao, chairman of New Hope Group, was one of the first private entrepreneurs after the reform and opening up (a crucial move which began in 1978 to make China what it is today) and is also one of the initiators of the Glorious Program. "Why is it called a 'Glorious Program?' The term carries a dual significance: first, private enterprises are glorious; second, engaging in poverty alleviation is a glorious endeavor. As some of the first to become better-off, we bear the responsibility and obligation to assist in the development of relatively impoverished regions and individuals, leading them towards a path of shared prosperity."

Xichang Hope (Feed) Company, invested by New Hope Group in Liangshan, southwest China's Sichuan Province, was the first factory established under the Glorious Program.

"Around October 1994, we launched our first initiative for the Glorious Program, known as the 'Glorious Program Liangshan.' Liangshan in Sichuan Province was quite impoverished back then, so we decided to establish a factory there." said Liu Yonghao, Chairman of New Hope Group

One employee of Xichang Hope (Feed) Company noted the dramatic change "Back in 1994, the surrounding area of our factory was nothing but a barren land. Thirty years later, skyscrapers have emerged from the ground."

Over the past three decades, the Glorious Program has attracted participation from private entrepreneurs totaling 12,800 times and facilitated the launch of nearly 1,500 projects. The enterprises carried out investment based on their specific conditions, and following the Glorious Program, their business soon spread to all over China.

Transfer Group, another of the first private enterprises taking part in the Glorious Program in 1994, has been devoted to public welfare and charitable undertakings such as poverty alleviation and disaster relief.

Xu Guanju, Chairman of Zhejiang Transfar Group and Vice Chairman of China Society for Promotion of the Glorious Program stated "Without the development of agriculture, prosperity in rural areas, and wealth for farmers, how can China's modernization be realized? Our survey revealed that illness is a major cause of poverty, or a cause that villagers slipped back into poverty. We focused on this issue and built health facilities. We have established medical clinics in 1,037 villages, providing healthcare access to 1.8 million villagers."

Throughout Chinese history, there is no other public welfare cause that has had such a robust centripetal force, uniting thousands of private enterprises. Over the past 30 years since the launching of the program, it has facilitated the rapid economic development of impoverished areas and boosted the self-development ability of the poverty-stricken population. It has changed from mainly relying on external support- like a blood transfusion -to a more sustained effort from self-motivation.

Fu Guangming, Chairman of Sunner Group and Vice Chairman of China Society for Promotion of the Glorious Program went on to say "This platform enables us to help more individuals, and in doing so, these individuals can contribute to the success of the enterprise. With the support of the community, our business is poised to reach new levels of success."

Liu Yonghao, Chairman of New Hope Group added "Our company is engaged in rural development. We helped local farmers modernize pig farming practices, and it has proved to be very successful. We aim to empower farmers through modern agricultural methods, equipping them with advanced skills. This is a crucial part of our Glorious Program."

"Private enterprises should actively engage in the Glorious Program, public welfare, and charitable causes, always remember their roots as they prosper, strike a balance between moral integrity and financial returns to conscientiously fulfill their social responsibilities," said Chinese President Xi Jinping when he participated in the joint group discussion with the members of the China Democratic National Construction Association and the All-China Federation of Industry and Commerce in March, 2016.

Over the past three decades, the Glorious Program has actively embraced the ancient Chinese philosophy of "balancing righteousness and profit, with an emphasis on righteousness," maintaining a dual focus on "industry + charity." The program has made significant contributions in relocation of people in the Three Gorges Reservoir area, afforestation and ecological restoration, revitalizing old industrial bases in Northeast China, building a new socialist rural area, and combating poverty.


The issuer is solely responsible for the content of this announcement.

Times Magazine

ROAD SAFETY RISK: NEW DATA REVEALS ALMOST 2 IN 3 AUSSIE DRIVERS ARE LETTING CAR MAINTENANCE SLIDE AS COST-OF-LIVING PRESSURES BITE

Australians are putting off vehicle maintenance and new research released on the eve of National R...

Woodroffe footy club BBQ legend crowned in national Bunnings search

Bunnings has found its latest community hero, naming Brent Tanner from Darwin Buffaloes Football C...

VoltX Energy expands into Victoria & ACT to meet surging home battery demand

Leading Australian energy solutions provider VoltX Energy and premier sponsor of the NRL Manly Wa...

Victorian Drivers To Receive 20% Rego Rebate From June 1 In Major Cost-Of-Living Measure

Victorian motorists will begin receiving significant registration savings from June 1 as the Allan...

How Australian Businesses Are Using AI To Cut Costs And Improve Efficiency

Artificial intelligence was once viewed by many small business owners as something futuristic, exp...

Quickest Way of Getting Rid of Your Old Cars in Brisbane?

If you are done searching for a practical solution for quickly getting rid of your old car, this w...

The Human Supplement Craze Has Officially Gone to the Dogs (Literally)

Australians’ appetite for supplements is no longer limited to their own vitamin cabinets. New reta...

AI Guilt: It’s Real — But it is irrational

Artificial intelligence is rapidly becoming one of the most powerful tools ever made available to ...

Australians Are Keeping Their Cars Longer — And It’s Changing The Market

Australia’s car market is undergoing a subtle but important transformation. People are keeping th...

The Times Features

Property markets react to budget signals before laws ar…

Australia’s property market has already begun reacting to the federal budget announcements despite...

The evolution of bread in Australia: from basic staple …

For generations, bread was one of the simplest and most affordable foods in Australia. A loaf sat...

Australian football fan Forest Robinson scores a Champi…

A solo competition trip to Budapest became a night in Heineken’s Skybox and pitchside celebrations a...

Why fit matters more than fashion

Fashion changes constantly. Colours come and go. Trends rise and disappear. One year oversized cl...

Why Your Backyard Pool Is One of the Best Investments Y…

The Gold Coast backyard has always punched above its weight. Long summers, reliable sunshine and a c...

Whole-Home Climate Control in Australia: What Homeowner…

If you are weighing up how to heat and cool your whole home with one system, ducted reverse-cycle ...

From School Excursions to Sophistication: How Canberra …

For many Australians, memories of Canberra are permanently tied to a Year 6 school excursion. Most...

McDonald’s Australia keeps innovating as Red Bull lands…

For decades, McDonald’s Australia has been associated with burgers, fries, coffee and soft drinks...

Woodroffe footy club BBQ legend crowned in national Bun…

Bunnings has found its latest community hero, naming Brent Tanner from Darwin Buffaloes Football C...