Business carrier tape roundup October 19th

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Business roundup October 19thPublished: 18 Oct 2009 09:02:01 PST<p class="authorInfor"]</p]

Cross-Strait trade down </p]

Trade volume between the Chinese mainland and Taiwan was $73.63 billion in the first three quarters, down 29.7 percent year on year, according to the Ministry of Commerce.</p]

Mainland's exports to Taiwan were $13.92 billion in the first nine months, down 31.6 percent year on year. Imports from Taiwan was $59.71 billion, down 29.2 percent from a year earlier.</p]

From January to September, the mainland approved 1,764 projects invested by Taiwan companies, an increase of 4.3 percent from the same period last year.</p]

The mainland received $1.29 billion of direct investment from Taiwan in the first three quarters, a decrease of 11.2 percent from a year earlier.</p]

Firms' CSR lacking </p]

About 40 out of China's top 100 companies are rated as poor performers when it comes to corporate social responsibility (CSR), according to a report released yesterday by the Chinese Academy of Social Sciences and the Social Sciences Academic Press.</p]

The top 100 consist of 80 State-owned, 11 privately-owned and three foreign-owned enterprises. Only 14 were given high marks for their commitment to CSR.</p]

<em]Agencies</em]</p]<p align=center] Explore the World, Understand China!

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