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CORPORATE PHILANTHROPY IN CHINA

February 1, 2006

In recent years, more Chinese companies have become involved in charitable giving, volunteering, and other “corporate-citizenship” activities, reports China Daily. The China National Aviation Holding Travel Service, for instance, recently held a birthday party for eight employees in which staff members donated to the China Primary Health Care Foundation. However, Li Yunhui, a director with the foundation’s executive council, says that corporate philanthropy is still largely untapped. According to a survey by her foundation, only eight percent of companies have specific plans to collaborate with charities.