COFCO Corporation (COFCO) was awarded as China’s Most Respected Company recently. The awarding ceremony was held in Peking University’s Anniversary Hall on December 4, 2009.
Mr. Xue Guoping, COFCO’s Director and Vice President, gave a speech during the event. He extended gratitude and saw the award as encouragement. COFCO was founded at the same year when the People’s Republic of China was founded. Since then, as a state owned company, COFCO had made sustained contribution to the country and society based on its own development. In 2009, it began to pursue quality control on the whole value chain basis, devoted to offering safe and healthy foods to consumers while contributing to quality improvement of China’s agri industries.
A total of 374 companies were nominated for the award, 26 of which were fiannly admitted into the winner list. The Sponsor gave COFCO its recognition as follows, “COFCO Corporation is successful in its reshuffle in pursuit of the whole value chain quality control strategy to which its development into one of the most responsible multinational should attribute.”
The event has been held for eight consecutive years which is jointly organized by The Economic Observer and Peking University’s Management Case Research Center. Its mission is to call on China’s business sector taking on social responsibilities, establish a platform where China’s business sector can learn from each other and contribute to development of both the business sector and the society.