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China Daily / 2020-04 / 14 / Page014

Fosun launches relief scheme to help regions hit by virus

By SHI JING in Shanghai | China Daily | Updated: 2020-04-14 00:00

For outward-looking private Chinese companies, they are not only looking for business opportunities but also ways to shoulder their responsibilities in times of need-and Fosun International is one such example.

An online meeting was held at the headquarters of the Shanghai-based conglomerate on April 7. By connecting medical experts based in China, the United States, the United Kingdom and Portugal, Fosun helped combat the COVID-19 pandemic by facilitating the sharing of knowledge and experience among medical professionals, said Chen Qiyu, co-CEO of Fosun.

Fosun initiated the Global Anti-Virus Relief Scheme on March 1 to help countries and regions hit hard by the novel coronavirus. Up to this date, a number of industry big names including Baidu, New Oriental, Xiaomi and Sequoia Capital have all joined the effort. With the government's guidance, Fosun has deployed more than 3.92 million units of medical supplies-including surgical masks, protective suits and diagnostic reagents-to help contain the pandemic in countries confronting the deadly contagion.

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