PepsiCo funding 16 schools in 15 Chinese cities

Beverage and food giant PepsiCo Greater China Region is financing Chinese schools in the country's remote areas.

As of the end of 2011, PepsiCo had provided funding for 16 schools in 15 Chinese cities, including Beijing, Jinan, Chongqing, Nanchang, Changchun, Shanghai, Guangzhou, Shenzhen, Tianjin, Xi'an, Nanjing, Heyuan, Wuhan, Chengdu and Zhengzhou, benefiting 16,200 students in total, including 3,500 PepsiCo Love Scholarship beneficiaries.

Up to 2012, PepsiCo GCR had invested more than 4 million yuan ($629,921) in the aforementioned two education programs, covering 26 schools of migrant workers' children and rural schools in several Chinese provinces and municipalities with benefits shared by more than 20,000 primary and secondary school students across the country.