Business blown film machine roundup September 25th

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Business roundup September 25thPublished: 24 Sep 2009 10:02:01 PST<p class="authorInfor"]</p]

Pepsi funds schools </p]

The beverage giant PepsiCo donated 500,000 yuan ($73,000) on Thursday to enlarge its educational charity program co-sponsored by the Red Cross Society of China.</p]

The donation will help improve the facilities in four more primary schools for migrant workers' children in four cities, including Tianjin, in addition to the eight schools it initially supported in 2008.</p]

This brings the total amount of contribution by PepsiCo's A Better Tomorrow project to 1.5 million yuan ($220,000), benefiting 12,000 students from 12 schools nationwide.</p]

Tariff exemption </p]

China plans to progressively carry out a zero-tariff policy on 95 percent of imports from less developed countries next year, the Ministry of Commerce said Wednesday.</p]

The ministry said this move is aimed to increase exports to China from these countries.</p]

But it did not elaborate which imports would enjoy the favorable policy.</p]

China has been assisting the developing countries in such fields as agriculture, food donations, education and clean energy, according to the ministry.</p]

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