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Learn Chinese online - The right pace

BIZCHINA / Biz Who

The right pace
(China Daily)
Updated: 2006-04-19 09:07

As the most populous developing country, China faces the pressures of
resource shortage and environment protection in the course of its
socio-economic development, said Chen Jinhua, Chairman of China
Enterprise Confederation (CEC) and China Enterprise Directors'
Association (CEDA).

Chen Jinhua, Chairman of China Enterprise Confederation
Addressing the "Focusing East: Business and Sustainable Development in
China and World Business Council Sustainable Development Liaison
Delegates Meeting" held end of March, Chen said that the Chinese
Government has made sustainable development a part of national strategy
to boost socio-economic progress and also designated resource
conservation and environment protection as basic national policy.

Economic globalization and ever-changing technologies have often brought
with them increasingly negative impact.

Issues such as deterioration of natural resources and the eco-system,
widening gap between the well-off and the poor, unemployment, and
deficiency in social security have caused public concern and uncertainty
among all countries, according to the chairman.

Consequently, sustainable development has become increasingly important
on the international level.

As representative of the Chinese employer association, CEC, which is
active in co-ordinating labour relations, is also committed to
encouraging businesses to take social responsibility and pursuit of
effective ways of corporate social responsibility (CSR) implementation.

CEC is the first Chinese organization to become a member of the Global
Compact (GC). At the meeting on Chinese Entrepreneurs' Activity Day, the
chairman called for Chinese businesses to actively participate in the
activities of GC.

The companies recommended by CEC in the letter of commitment to the
activities of GC all represent large group companies, with widespread
presence in their sectors.

Many of these prominent players, like Sinopec, CNPC, Baosteel, Haier,
COSCO, and China Railway have joined GC.

They have integrated the GC principle into their own development
strategy, operational philosophy and corporate behaviour so as to fulfill
corporate social responsibility.

"We are fully aware that all the efforts are just a start. The situation
and mission in front of us presents long-term and arduous tasks," said
the chairman. "The Chinese Government is now much clearer of the
importance and the imperative option of sustainable development."

With the support of the Chinese Government, the China Business Council
for Sustainable Development (CBCSD) was established in January 2004
through joint efforts of all council members and a number of well-known
companies home and abroad as well as multinationals.

"To develop the economy while protecting the ecological environment and
saving resource and energy becomes not only an issue cared about by the
government, scientists and citizens but also important for China's
business community," said Wang Jiming, executive chairman of CBCSD and
vice-chairman of Sinopec Corp, at the meeting.

According to Wang, faced with the challenges and opportunities of
sustainable development, CBCSD has been working hard since its
establishment in the following areas:

Be active in developing membership

Since it was founded, CBCSD has taken active and stable steps in
acquiring members, following the principle of fostering members among
industry leaders first. Up to now, the council has 41 members and will
have 50 by the end of the year.

To urge companies to shoulder social responsibility and organize all
kinds of activities for its members

CBCSD has organized its members to participate in the forum of the
"Sustainable Development- China and the World", which is sponsored by
Chinese People's Political Consultative Conference. Under the theme of
sustainable development, CBCSD members demonstrated their achievements
and performance in sustainable development.

To organize a variety of forums and seminars

Through the "International Forum on Circular Economy and Corporate
Development" sponsored by CBCSD, the council has promoted the development
of circular economy featuring energy efficiency and circulation.

To intensify collaboration with WBCSD

The council exchanged senior level visits with World Business Council for
Sustainable Development (WBCSD) last year to push forward China's
sustainable development.

To encourage co-operation among CBCSD members

To foster co-operation on sustainable development between Chinese and
foreign companies.

"The fast, stable, healthy and co-ordinated development of the Chinese
economy and all-round improvement of the Chinese society would not have
been fully realized without the implementation of the sustainable
development strategy," said Wang.

(For more biz stories, please visit Industry Updates)

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