2011-02-16
Corporate China turning its eye to “social responsibility”
From “get rich first” policy to “construction of a harmonious society”
Led by investors, laborers, consumers
What is a solution to side-effects of astronomical growth?
Chinese businessmen always strike Koreans as tactical and good bargainers. They have been considered keen on monetary gains and bent on pursuing practical interest over theoretical ideals. The same impression was imposed on Chinese companies that have grown along with the development of the market economy in China for the last several decades.
As if defying this preconception, Chinese companies are shifting their attention to Corporate Social Responsibility (CSR). The trend has become more visible during the last decade. These days, CSR is not an unusual topic for Chinese entrepreneurs to talk about. According to , a report issued by Hankyoreh Economic Research Institute (HERI) in 2008, the impulsion for the change came from outside.
