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Forbes published 2006 China Charity List
www.chinanews.cn 2006-05-09 16:10:11
Chinanews, May 9 - The Chinese version of Forbes unveiled the 2006 China
Charity List, on which Century Golden Resources Group Chairman Huang
Rulun ranked first with a donation of 158 million RMB (US$19.75 million),
followed by Yu Pengnian, a philanthropist in his eighties, whose donation
reached 93.6 million RMB. However, on the 2006 China Philanthropy List
published in the Hurun Report, Yu ranked No. 1 with a donation of 2
billion RMB. These two lists are widely divergent.
It is learnt that the 2006 China Charity List is a philanthropy list
released by Forbes' Chinese edition for the third consecutive year.
Forbes indicated that compared to the lists of the previous two years,
the 100 non-state-owned enterprises on this year's list donated a total
of more than 840 million RMB in the year 2005, rising 76.6% over the
figure in 2004.
Furthermore, multinationals are increasingly active in China and their
donations are increasing year by year. Therefore, multinationals on the
2006 list rose from 10 to 25 in number, and Hong Kong & Shanghai Banking
Corp. topped the list again with 22.78 million RMB of donations.
Based on comparison, one will discover that on last year's list, nine
Chinese enterprises had a donation of less than 1 million RMB each, and
the smallest sum amongst the top 100 was 580,000 RMB. While on this
year's list, all of the 100 Chinese corporations have donated over 1
million RMB each.
The geographic distribution of those enterprises on this year's list is
wider than in the previous years. Companies in Ningxia Hui Autonomous
Region showed up on the Forbes list for the first time. Those companies'
donations focused on education and poverty relief, and the "school aid"
donation that combines the above two aspects has become a new hotspot
pursued by those groups. In addition, more companies are highly
enthusiastic about donating for sudden disasters. For instance, they have
showed great generosity to victims of natural disasters such as the
Indian Ocean tsunami in December 2004.
��Many listed companies offered no charity donations
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