Chinese enterprises shoulder social responsibilities in Africa

20:17, October 25, 2010      

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A gradual transformation appears to be taking place among Chinese enterprises in Africa.

Feng Zuoku, vice president of the Chinese People's Association for Friendship with Foreign Countries, spoke Friday at the launching ceremony of an online poll for the Top 10 Chinese Enterprises in Africa in Beijing. He said China now puts more emphasis on improving Africans' "living standards and quality of life."

"In addition to the breakthroughs made in trade and economic relations between two countries, Chinese enterprises have been involved in many projects related to Af-rican people's livelihood improvement, which have been welcomed by African people and praised by African leaders," Feng said.

In order to showcase the all-weather relationship between China and Africa and recognize the philanthropic practice of Chinese companies in Africa, the voting has selected 20 candidate enterprises, all of which share the same qualifications of protecting Africa's local environment and cultures with a strong sense of fulfilling corporate social responsibility.

Charles E. Namondwe, ambassador of the embassy of the Republic of Malawi, confirmed China's contribution as "good" and told the Global Times he believes it will "continue."

China now is the largest trading partner of Africa, with an average annual growth rate of 63.6 percent in direct investment from 2003 to 2009. The trade volume this year is expected to exceed the record $106.8 billion set in 2008.

Chinese enterprises have shouldered a wide range of social responsibilities in Africa, include organizing charity activities, protecting the local environment and further involving themselves in local society.

Source: Global Times


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