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Suning Shares Most Responsible Chinese Corporation Title
December 26, 2006 |
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Chinese home appliance retailer Suning, Tsingdao Beer Group and Inner Mongolia Yili Industrial Group have all been listed among the top socially responsible businesses in China for 2006.
The 2006 Corporate Social Responsibility Survey, the first national survey focusing on the implementation of sustainability and good ethical conduct among domestic and foreign-owned enterprises in China, is organized by CCTV, Market Economy Academy, Peking University and Global Entrepreneur. This survey is also supported by All-China Federation of Industry and Commerce and the China Society for Promotion of the Guangcai Program.
As one the leaders in China's electronics retailing sector, Suning was the only electronics seller picked as a corporation with high sense of social responsibility. Suning says it has always been dedicated to contributing to society during the course of its development. In the past ten years, Suning has created 120,000 job opportunities and donated more than RMB1 billion to various social welfare projects.
Attendees at the ceremony of the "2006 Top 20 Corporations with the Highest Sense of Social Responsibility in China" included Hu Deping, vice minister of the United Front Work Department of CPC Central Committee and the first vice chairman of ACFIC; economist Li Yining; writer Feng Jicai; and leaders of China's media sector, including CCTV, People's Daily, China Radio International.
Zhang Jindong, chairman of Suning, accepted the honor on behalf of the company. Zhang said that social stability will directly affect the subsistence and development of large-scale companies like Suning. He said that one of the key factors that prompted Suning's progress is that all of its staff realized they hold important obligations to society as the leading national enterprise in the home appliance chain retailing industry. He told local media that it was because they had the courage to undertake any social responsibility, they are able to create their company into a time-honored enterprise.
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