Chinese Women 42% More Engaged in Philanthropy Than Men

BEIJING, March 7, 2017 /PRNewswire/ -- A new survey out this week to coincide with International Women's Day says Chinese women are considerably more likely than their male counterparts to donate to philanthropic projects. Chinese news app "Jin Ri Tou Tiao" (or "Today's Hot Topics"), which counts more than 700 million Chinese among its users, says 5.62% of women say they are interested in philanthropy versus 3.96% of men.

That corresponds to previous surveys done in the west that say women are more likely to donate to charity than men, sometimes by as much as a factor of two. Researchers say women are more empathetic than men, with men more likely to treat money as a representation of their power, while women see it as something that not just provides security and freedom, but also as a means to realize their objectives and achieve their goals.

"As a result, marketers in China should target women more than men if they want their philanthropic projects to be successful," said Juliet Zhu, Professor of Marketing at the Beijing-based Cheung Kong Graduate School of Business (CKGSB), which exclusively analyzed the survey's data.

Two of the highest-rated philanthropy projects, as selected by Jin Ri Tou Tiao users, were led by actor Chen Kun and TV anchor Chen Weihong, current and former students of CKGSB's EMBA Program, respectively. Chen Weihong's initiative, titled "Backpack of Love" targets China's so-called "left behind children", whose parents have moved to larger cities in search of work, by helping to re-build the bonds between those children and their parents.

"These are great examples of how CKGSB encourages its students to do philanthropic projects," says Zhu, who in 2014 pioneered the first mandatory philanthropy course to be offered by a business school in China. "Every year, our students are involved in hundreds of projects. Additionally, the celebrity effect can be very powerful in drawing attention to worthwhile causes, perhaps more so in China than elsewhere," Zhu added.

Elsewhere in the survey, 73.8% of Chinese women declared themselves interested in entertainment -- the top category -- as opposed to 58.0% of men. Rounding out the top five most interesting topics for women in China were social issues, fashion, education & learning, and health.

International travel destinations for Chinese women also showed a clear preference for Asian locations, with three of the top ten in Thailand. In order they were: Bangkok, Tokyo, Paris, Singapore, Bali, Changmai, Seoul, Phuket, Kyoto and Rome.

About CKGSB

Established in Beijing in November 2002 with support from the Li Ka Shing Foundation, Cheung Kong Graduate School of Business is China's first faculty-governed and independent business school. CKGSB boasts more than 40 full-time professors, who have earned their PhDs or held tenured faculty positions at leading schools such as Harvard, Wharton and Stanford. Their research has provided the basis for nearly 400 case studies of both China-specific and global issues. CKGSB also stands apart for its unmatched alumni network. More than half of CKGSB's 10,000+ alumni are at the CEO or Chairman level and, together, their companies accounted for one sixth of China's GDP in 2015.

CKGSB is located in Beijing, Shanghai, Shenzhen, New York, Hong Kong and London. The school offers the following innovative courses: MBA, Finance MBA, Executive MBA, Business Scholars Program (DBA) and Executive Education programs.

SOURCE CKGSB