U.S. firms give $30 mln to China's quake relief efforts
[2008-12-23 17:03:06]
Major U.S. companies have been actively contributing to the relief efforts in the aftermath of the devastating earthquake in Sichuan, China, a U.S. business community leader told Xinhua Tuesday.
"We have been working with the Chinese embassy to keep our members informed of how to support the relief efforts in China," said John Frisbie, president of the U.S.-China Business Council (USCBC), as he joined over 40 U.S. business executives to mourn the earthquake victims at the Chinese embassy.
He said nearly 80 U.S. companies have contributed to the relief efforts, with the cash donations amounting to over 30 million U.S. dollars.
"This amount includes contributions of Chinese employees of U.S. companies based in China. U.S. companies with operations in China naturally consider themselves and their employees to be part of China, and have responded accordingly," Frisbie added.
Established in 1973, the USCBC is a nonprofit organization of over 250 companies that do business in China, with a goal to expand U.S. commercial relationship with China to benefit the U.S. economy.
Among its members are many of the largest and best-known U.S. companies, including Boeing, Motorola, Microsoft and Citi.
Frisbie said the USCBC is advising its members of urgently needed supplies requested by the Chinese government and Sichuan Province.
It's also sending daily bulletins to its members and posting the information on its website.
"We will continue to offer whatever assistance we can and the Chinese people have the support of the American business community during this difficult time," he added.
China General Chamber of Commerce U.S.A., an organization of Chinese companies that do business in the United States, also donated 3 million Renminbi Tuesday to support the relief efforts in homeland.
- China's Foreign Trade to Be More Balanced
(2012-05-16) - China Becomes Major Importer of Argentine Soya Products
(2011-05-09) - Taiwan Drops One Spot to Be China's 6th Biggest Importer
(2011-05-03) - China Becomes Biggest Importer of U.S. Agricultural Products
(2011-02-15) - China's Biggest Foreign Takeover Done
(2009-08-19) - China Top Importer of Chilean Copper
(2009-07-31) - China Expects A Aalanced Ore Price Agreement
(2009-07-17) - China Relaxes Rules on Foreign Private Equity Investment for First Time
(2009-06-12) - Circular of the SAFE on Adjusting the Approval Authority for Certain Foreign Exc
(2009-06-01) - Notice of the State Administration of Foreign Exchange on the Examination and Ra
(2009-06-01)


