The companies played a more important role in stabilising growth, increasing employment, taxation contribution, entrepreneurship and innovation, rural revitalisation, environmental protection and charity efforts, a report said. — Bloomberg
BEIJING: China’s private enterprises registered sound performance in corporate social responsibility or CSR in 2021, a report from the All-China Federation of Industry and Commerce shows.
The companies played a more important role in stabilising growth, increasing employment, taxation contribution, entrepreneurship and innovation, rural revitalisation, environmental protection and charity efforts, said the report.
By the end of 2021, China boasted over 44.57 million private firms.
This accounted for 92.1% of all companies in the country, said the report. — China Daily/ANN
