Business Daily Media

The Times

.

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.

News from Asia

Smart Design Global 2026 Awards Presentation Ceremony Proudly Unveils 52 Original Award-Winning Designs International Tour Highlights Hong Kong’s Creative Design Power

Set to Appear at Bangkok Mega Show and Paris Maison&ObjetHONG KONG SAR - Media OutReach Newswire - 9 June 2026 - The Smart Design Global 2026 (SDG), an annual flagship event of Hong Kong's des...

GIA Acquires 30% Shareholding in Diamond Provenance Blockchain Platform Tracr

Investment by leading industry institute supports Tracr’s evolution to becoming an independent, industry-wide platform for natural diamond provenanceLAS VEGAS, US - Media OutReach Newswire - 9 Jun...

LUMOS Launches S$149 EVOKE Digital Camera

An affordable, compact camera for everyday photography, with 64MP photos, 4K video, built-in filters and a soft, natural image style.SINGAPORE - Media OutReach Newswire - 9 June 2026 - LUMOS, the...

Washington Blueberries Strengthens Market Confidence in Thailand and Indonesia

BANGKOK, THAILAND - Media OutReach Newswire - 9 June 2026 - The Washington Blueberry Commission has solidified its market presence in Southeast Asia through the successful completion of trade semi...

"Sanya Is Full of Surprises!" International Tour Operators Praise Sanya’s Diverse Charm

SANYA, CHINA - Media OutReach Newswire - 9 June 2026 - As the morning sun bathed Sanya Bay in golden light, a group of international tour operators began their exploration of the city...

DFI Retail Group and The Mills Fabrica Name Number 8 Bio as the Winner of DFI Sustainability Innovation Challenge

The competition drew over 40 global submissions to decarbonise beef and dairy supply chains, with winning solution set to scale across one of Asia’s leading retail networks HONG KONG SAR- Medi...

Experience Singapore’s Living Heritage at Chinatown Singapore’s Happy Dragon Boat Festival and June Holiday Family Activities

SINGAPORE - Media OutReach Newswire - 9 June 2026 - International visitors travelling to Singapore this June are invited to experience the vibrant traditions, culture and festive atmosphere of Chi...

Cheras Community Health Campaign Targets Lifesaving CPR Skills Amid Rising Heart Health Concerns

Two-day public health initiative aims to train 1,200 Malaysians in CPR and AED skills while promoting preventive healthcare and wellnessKUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 9 June 20...

Rhenus Group Sustainability Report 2025 highlights shift from groundwork to global performance

Centralised sustainability framework, SBTi commitment and EcoVadis Platinum status mark 2025 as a milestone for Rhenus Group Operational progress includes safety imp...

DHL expands Asia Pacific data center logistics capabilities to support growing regional demand

DHL Supply Chain adds more than 160,000 sqm of dedicated warehousing capacity in Asia Pacific to meet rising demand for data centers Enhanced capabilities include upskilling workf...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...