33,500 Temples Nationwide Launch Comprehensive Financial Inspections
A nationwide financial audit has been launched across 33,500 Buddhist temples and over 9,000 Taoist monasteries, with a focus on curbing the commercialization of religious sites. Leased projects must be terminated, and access to public market financing will be cut off. Venues with annual revenues reaching a certain threshold are required to engage third-party auditors. Almsgiving boxes and electronic payment systems will be centrally managed. Relatives of abbots and masters are prohibited from…
Nationwide Financial Audit Launched for 33,500 Temples
A comprehensive financial audit has been rolled out across 33,500 Buddhist temples and over 9,000 Taoist monasteries nationwide, directly targeting the commercialization of religious sites: existing contracts must be terminated, and access to capital markets for fundraising must be cut off.
Sites with annual revenues reaching a certain scale are required to engage third-party auditors. Donation boxes and electronic payment systems must be centralized under unified management. Relatives of abbots are prohibited from participating in operations, and income and expenses must be regularly disclosed to the faithful. The external investments, shareholdings, and commercial affiliations of religious personnel's social media accounts are also subject to investigation.
NetEase News