Comments() 
Print 
Mail 
Large Medium Small
BEIJING - China's centrally-administered state-owned enterprises jointly donated 3.77 billion yuan ($598.41 million) for charitable work in 2011, the state assets watchdog said Friday.
The money came from 108 of the 117 central SOEs which are overseen by the State Assets Supervision and Administration Commission, according to a statement posted on the SASAC's website.
The figure represents a decline from 4.2 billion yuan of donations made by central SOEs in 2010.
About 2 billion yuan, or 53.28 percent of last year's donations, went to public welfare causes, while about 1.25 billion yuan, or 33.09 percent of the donations, was used for disaster relief and poverty reduction.
China National Offshore Oil Corp Ltd, the country's largest offshore oil producer, topped the list for its donation of 733.89 million yuan.
There were eight central SOEs whose donations exceeded 100 million yuan last year, 17 less than the previous year, according to the statement.
Michelle Obama addresses at Democratic National Convention
Slides of Yanbian: place, people and prosperity
Washington to remain focused on Asia-Pacific
RQFII target blue chips amid bear market
Australian recall for top two exporters
China fears new car restrictions
Copyright 1995 - 2010 . 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: 20100000002731 
