Baosteel Co.,Ltd, a leading iron and steel manufacturer in
China, donated 50 million yuan (about US$6.4 million) to the
Chinese Environmental Protection Foundation (CEPF) on Monday.
The funds will be used to award institutions and individuals who
have made remarkable contributions to environmental protection.
The "Chinese Environmental Awards", will be given for
environmental management, urban environment, corporate environment,
biological protection, and the promotion of environmental
protection.
Over its 14-year history the CEPF has launched a series of
environmental programs including symposiums and investigations.
Participants included a large number of journalists.
Baosteel was named an "Environment-friendly Company" by the CEPF
in 2005.
(Xinhua News Agency May 15, 2007)
