Global EditionASIA 中文双语Français
Business
Home / Business / Policies

China's private firms record sound CSR performance: report

Xinhua | Updated: 2023-02-23 10:00
Share
Share - WeChat
China's private enterprises registered sound performance in corporate social responsibility (CSR) in 2021. [Photo/VCG]

BEIJING -- China's private enterprises registered sound performance in corporate social responsibility (CSR) in 2021, a report from the All-China Federation of Industry and Commerce showed.

The companies played a more important role in stabilizing growth, increasing employment, taxation contribution, entrepreneurship and innovation, rural revitalization, environmental protection and charity efforts, said the report released on Tuesday.

It was based on a questionnaire survey of over 20,000 private companies in China and field investigations of around 100 private firms in 11 provinces and municipalities.

For example, the added value of China's major private industrial firms rose 10.2 percent in 2021, 0.6 percentage points higher than the average level of the country, while their imports and exports surged 26.7 percent to 19 trillion yuan ($2.76 trillion), accounting for 48.6 percent of China's total foreign trade volume.

By the end of 2021, China boasted over 44.57 million private firms, accounting for 92.1 percent of all companies in the country, said the report.

It noted that the rapid growth of private firms provided the most direct and substantial support for consolidating employment and creating new jobs.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE