The office of overseas NGOs administration of the Beijing Municipal Public Security Bureau issued the registration certificate and the chief representative certificate to Beijing Office of UBS Optimus Foundation on August 17th, 2017. Since the Law of the People’s Republic of China on Administration of Activities of Overseas Nongovernmental Organizations in the Mainland of China came into force, the Chinese People’s Association for Friendship with Foreign Countries (CPAFFC) has now become the Professional Supervisory Unit (PSU) of 8 overseas nongovernmental organizations with UBS Optimus Foundation being the 8th one.
Wei Wei, the chief representative of Beijing Office of UBS Optimus Foundation, said, “we are very grateful for the great help CPAFFC offered on setting up Beijing Office. UBS Optimus Foundation will fund more projects under the Law of the People’s Republic of China on the Administration of Activities of Overseas Nongovernmental Organizations in the Mainland of China to promote the development of underprivileged children and children in difficulty, and make more contributions to Chinese philanthropy.”