A key aspect of developing a China practice is being a socially responsible participant in China’s economy and environment. China Trade Institute is committed to the mutual friendship of China and the United States and to the synergistic cooperation of socially and environmentally responsible investors and business interests from inside China and around the world. In the PRC, China Trade Institute has worked with the government, including the Ministry of Commerce and the Ministry of Environmental Protection, to support renewable energy and financial reform in China and in China foreign direct investments around the world. CTI has performed extensive advisory services on the world's largest public/private communications project to make Internet connectivity available for the rural provinces of China.
CTI believes that, in exchange for profitable business in China, foreign participants in the China economy are well served by a commitment to sustainable social practices and initiatives consistent with the traditional Confucian practice of "guanxi." CTI is an active participant in corporate philanthropy in China and believes that giving back to China society makes good business sense and is the key to a successful and sustainable China business operation.
CTI is currently working with, among others, the University of International Business and Economics (Beijing), Rothlin Limited, Beijing, and the nonprofit Ricci Institute from Macau, to sponsor a China national business plan competition using the online "Responsible Entrepreneurship" course comprehensive business plan template, co-authored by CTI, which is available throughout China. CTI has also been commissioned to study philanthropic giving by multinational corporations in China and to prepare a white paper regarding sustainable corporate philanthropic giving in China, as well as appropriate related due diligence and accountability.
As Thomas Myers, CTI President, recently told a gathering of academics and professionals in Beijing:
Corporate social responsibility and a constructive, generous philanthropic program in China go arm in arm. Indeed, such a program makes good business sense and is destined to inevitably create, for the corporate donor, a reciprocal "guanxi" pay-back from an appreciative China civil society. Corporate philanthropy in China can be seen as a down payment that will sustain not only future profits, but will also foster welcomed cultural and social synergies necessary to enhance and empower our increasingly interdependent global society.
CTI encourages each of its colleagues, clients, and friends to build a reputation for social responsibility in China based on transparent, ethical, and sustainable business practices.