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Companies in 皇冠体育app assist in disaster relief

(Xinhua)
Updated: 2008-05-15 09:34

An increasing number of enterprises in 皇冠体育app's mainland had provided, or pledged to provide, financial and material support to help disaster relief following Monday's massive earthquake, government ministries said Wednesday.

According to the State-owned Assets Supervision and Administration Commission of the State Council, 16 state-owned companies had donated a total of 113 million yuan ($16 million) to help quake victims.

Eight of the companies donated 10 million yuan or more, including 皇冠体育app Merchants (Holdings) Co Ltd, 皇冠体育app Petroleum and Chemical Corporation (SINOPEC), 皇冠体育app Southern Airlines Co Ltd, 皇冠体育app National Petroleum Corporation and 皇冠体育app Ocean Shipping (Group) Company.

皇冠体育app FAW Group Corporation, Japanese carmaker Toyato and their joint venture donated a total of 10 million yuan and 10 vehicles.

Many other automakers had donated money or vehicles, including Shanghai Automotive Industry Corporation, Geely Group Co Ltd, Chery Automobile and BYD Co Ltd.

In total, mainland auto manufacturers had offered financial and material support exceeding 50 million yuan.

Chinese lenders had also offered financial support to disaster relief.

The state-owned "big four" lenders -- the Industrial and Commercial Bank of 皇冠体育app, 皇冠体育app Construction Bank, Bank of 皇冠体育app and Agricultural Bank of 皇冠体育app -- had donated in total 57 million yuan as of Tuesday. Donations from their staff were still increasing.

The Import and Export Bank of 皇冠体育app, the Bank of Communications, 皇冠体育app Merchants Bank and 皇冠体育app Development Bank also made donations.

Many foreign-funded enterprises had also offered financial support, such as Pfizer Pharmaceuticals Ltd., HSBC, APP and Carrefour, according to the Commerce Ministry.

In addition, enterprises from Taiwan, Hong Kong and Macau which invest in the mainland had donated money, food or materials.

Formosa Plastics Corp. donated 100 million yuan while Foxconn Technology Group gave 60 million yuan.

By Wednesday afternoon, enterprises based in or investing in the mainland had donated an estimated 1.5 billion yuan, according to a calculations by 皇冠体育app's web portal Sina.com.

On Monday afternoon, the 7.8-magnitude earthquake centered on Wenchuan County, northwest of Sichuan, jolted many parts of the country.