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Is the China Old Areas Construction Promotion Association Old Areas Economic Development Fund reliable?

1. The Old Area Economic Development Fund of the China Old Area Construction Promotion Association is available and is broadcast on CCTV.

1. The fund gives full play to the poverty alleviation function of social groups. In accordance with the call of the party and the country to help the rich before they get rich, it widely mobilizes all sectors of society to pay attention to and support old communities, mobilizes domestic and foreign social groups, enterprises, institutions and individuals to make targeted donations, specifically to those who need them.

In order to support the poor old revolutionary areas, help the poor old revolutionary areas improve their "hematopoietic function", implement development-oriented poverty alleviation, select excellent projects, and carry out development and construction; 2. Invest in supporting the economic development of China's old areas, and use economic projects to drive wealth, which not only makes the people in the old areas rich

It also enables the resources in the old areas to be developed and added value, thereby promoting the rapid economic development of the old areas, increasing the income of farmers in the old areas, improving the living standards of the people in the old areas, promoting the construction of a comprehensive well-off society, and building a harmonious society.

2. Fund Management 1. Conscientiously implement the provisions of the Ministry of Civil Affairs on the "Interim Provisions on the Establishment of Fund Management Institutions by Social Groups" and the Fund Management Measures; raise funds and supervise the use of funds in accordance with the law; the annual budget and final accounts of the fund must be reported to the China Association for the Promotion of Elders

Review and approval by the Standing Council; report work to the China Association for the Promotion of Elders every six months; disclose the fund collection and use to the public at the end of each year.

2. The Fund Management Committee controls and uses the Fund in accordance with the principles of legality, reasonableness, openness and transparency, and uses various legal channels to continuously expand and increase the value of the Fund.

3. The fund shall be included in the unified financial management of the China Association for the Promotion of Elders, financial disclosure shall be implemented, financial audits shall be carried out regularly, and the use of funds and financial income and expenditure shall be regularly reported to the donating units and individuals; it shall be reported to the business supervisory unit and registration authority during the annual inspection.

Send the fund financial report; the head of the fund management committee must be audited by a social audit agency when he leaves office.