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Chinese-funded enterprises excel in fulfilling social responsibility in South Africa: report

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STORY: Chinese-funded enterprises excel in fulfilling social responsibility in South Africa: report 
SHOOTING TIME: Dec. 11, 2024
DATELINE: Dec. 13, 2024
LENGTH: 00:01:12
LOCATION: JOHANNESBURG, South Africa 
CATEGORY: ECONOMY

SHOTLIST:
1. various of the releasing ceremony
2. SOUNDBITE (English): PAUL MASHATILE, South African Deputy President 

STORYLINE:

Chinese-funded enterprises in South Africa are making significant contributions to local economic development while excelling in corporate social responsibility (CSR), according to a report released Wednesday by the South Africa-China Economic and Trade Association (SACETA).

The 2024 CSR Report of Chinese-Funded Enterprises in South Africa, the second edition following its 2018 debut, showcases their remarkable achievements in fulfilling social responsibility over the past five years through detailed case studies and vivid photographs.

To date, more than 200 Chinese-funded enterprises are operating in South Africa. The report highlights their active role in advancing South Africa's "new investment drive" and fostering mutually beneficial cooperation in sectors like new energy, manufacturing, mining, and the digital economy, injecting fresh vitality into the country's economic and social fabric.

The report emphasizes Chinese enterprises' commitment to community service, environmental protection, employee development, and cultural exchanges, which have earned them widespread praise from local governments and communities.

SOUNDBITE (English): PAUL MASHATILE, South African Deputy President
"The report that has been launched today highlights the contribution of Chinese-funded enterprises in South Africa to environmental conservation, community development, education, and healthcare. It acknowledges the importance of responsible business practices and their positive impact on society, highlighting their dedication to social responsibility and efforts towards a more inclusive and sustainable future.
The (more than) 200 Chinese-funded enterprises in South Africa serve as role models for businesses, demonstrating that profitability should be balanced with social good."

Xinhua News Agency correspondents reporting from Johannesburg, South Africa.
(XHTV)

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