慈善信托规模近百亿 业内呼吁登记备案一体化

Core Viewpoint - The new Charity Law in China, effective from September 5, 2024, marks a significant milestone for charitable trusts, enhancing their regulatory framework and promoting their recognition as a mature financial tool with social benefits [1][4]. Summary by Relevant Sections Development of Charity Trusts - Charity trusts in China have seen rapid growth, with over 2,550 registered trusts and a total scale exceeding 9.82 billion yuan as of September 9, 2025, representing a 10.7-fold increase from 840 million yuan in 2017 [1][5]. - The establishment of the Charity Law in 2016 laid the foundation for charity trusts, defining them as public welfare trusts managed by trustees according to the grantor's intentions [2][3]. Regulatory Framework - Recent regulations have clarified the annual expenditure and management fees for charity trusts, ensuring a minimum spending requirement and capping management costs [4][5]. - The classification of trust businesses has been refined, emphasizing the importance of charity trusts within the broader trust industry [4]. Asset Diversification and Innovation - Charity trusts are diversifying their asset types from cash to include equities and real estate, enhancing their operational capabilities for long-term funding and project-based initiatives [5][6]. - Various regions, including Beijing, Shanghai, and Hangzhou, are piloting innovative registration systems for equity charity trusts, indicating a trend towards more complex asset management [5][6]. Sector Expansion - The scope of charity trusts has expanded beyond traditional areas like education and poverty alleviation to include rural revitalization and ecological protection [7][8]. - Notable initiatives include the establishment of charity trusts focused on environmental conservation and community support, demonstrating the versatility of charity trusts in addressing diverse social issues [7][8]. Recommendations for Improvement - Industry experts suggest enhancing the integration of registration and filing processes for charity trusts to improve their operational efficiency and social impact [9][10]. - There is a call for the development of a comprehensive charity trust database to facilitate better management and collaboration among stakeholders, including trust companies and charitable organizations [9][10].