

CAPS Shanghai Representative Office Inauguration Ceremony. [Photo/WeChat ID: hongqiaoshangwuqu]
The Centre for Asian Philanthropy and Society (CAPS) opened its Shanghai Representative Office in the Hongqiao International Central Business District (CBD) on Oct 23.
CAPS, a nonprofit organization focused on advancing philanthropy across Asia, aims to blend global philanthropic resources and encourage innovation in research and regional cooperation.
CAPS co-founder Ronnie C. Chan highlighted that the Shanghai office will play a crucial role in strengthening CAPS's partnerships in China, aiming to merge philanthropy with business for better resource integration.
Kong Fu'an, executive deputy director of the CBD's administrative committee, noted that the Hongqiao CBD, strategically located at the center of the Yangtze River Delta, is rapidly becoming an economic hub. With impressive growth and a strong talent pool, the district is well-positioned to support CAPS's mission. Kong assured continued support to provide top-notch services to organizations and businesses in the area.
The establishment of CAPS's Shanghai office is seen as the start of a fruitful collaboration. It is expected to boost innovation in philanthropy, enhance regional cooperation, and support the launch of more philanthropic projects in Shanghai.
The ceremony was attended by nearly a hundred representatives from well-known companies and social organizations, highlighting strong support for CAPS's initiatives.