April 13, 2011
BEIJING – Most funeral homes in China are operating at a loss, despite annual income of more than 200 billion yuan ($30.5 billion), because illegal funeral agencies have expanded, an official said on Saturday.
Zhu Yong, deputy director of China National Committee on Aging and chief editor of the annual Report on Funerals, said a cremation and funeral can cost a substantial sum, partly because illegal funeral agencies charge high prices to the surviving families, who know little about such services.
Zhu charged that these agencies also collaborate with mortuaries to ensure more bodies are sent to them.
Read the full article in the China Daily
Note: 1000 Yuan = 152.50 U.S. Dollars