Keeping in line with the rapid growth of Chinese economy, CUP creates a way for the development of bankcard organizations with Chinese characteristics through courageous engagement in practice and innovation since its establishment. CUP’s growth would never be realized without the great supports from all social sectors, and as a return, it persists in devotion to and cares for the society and consistently shoulders its social responsibilities through making full use of the industry advantages and actively organizing and participating in public service activities.
Unionpay standard “China Red” charity credit card: On July 25, 2008, China Unionpay issued Unionpay standard “China Red” charity credit card jointly with many commercial banks. The card stands for an innovative mode of charity utility with sustainable development. China Unionpay and the issuers will make donations to “China Red” activity of Chinese Red Cross Foundation only if the cardholders could actively apply for and use the cards.
Wenchuan Earthquake
On May 12, 2008, an earthquake measured 8.0 on the Richter scale hit Wenchuan, Sichuan Province in China, and the tremors were felt in many provinces and municipalities across the country. CUP immediately donated fund to disaster areas through the Chinese Red Cross Foundation. At present, the denotation has increased to RMB 7.19 million; In addition, CUP opened many express donation channels for charity institutions at all levels such as swiping card and online payment.
Unionpay Tuition Assistance Fund: In June 2007, China Unionpay established the “Unionpay Tuition Assistance Fund” together with China Charity Federation, aiming at providing financial aids for the outstanding students with poverty-stricken families who are admitted to colleges and universities. China Unionpay will accumulatively provide RMB 6 million Yuan of financial aids for impoverished students in three years from 2007 to 2009.
Fighting Against the Relentless Snow Disaster, CUP Makes Heartwarming Efforts:
In the beginning of 2008 Chinese witnessed a great snow disaster in southern China and also the great efforts made by CUP to alleviate the losses and pains with donation of RMB 1 million to the disaster-hit areas through Chinese Red Cross Foundation.
CUP Hope Primary School:
In 2005, CUP donated RMB 500,000 to establish a Hope primary school for the local children in Longkou of Xingguo County, Jiangxi Province; in 2008, CUP cooperated with member branches of Hunan Province to donate RMB 400,000, and built two Hope primary schools for the poverty-stricken areas in Hunan.
Fighting Against SARS:
In the fight against SARS in 2003, the newly-built CUP donated RMB 2 million through Red Cross Society of China and then donated RMB 900, 000 to the Anti-SARS Special Aids. In the same year, CUP was awarded Charity Medal of Red Cross Society of China.
Chinese Foundation for Prevention of STD and AIDS:
In 2004, as a response to the “121 Unified Operation Plan” calling for fighting against AIDS made by 22 academicians of CAS, CUP donated RMB200,000 to Chinese Foundation for Prevention of STD and AIDS to support the AIDS prevention in China and help those orphans living in poor conditions who were bereft of parents by AIDS. In June of the same year, CUP was awarded Humanity Caring Award by Wang Longde, Vice Minister of Ministry of Public Health.
Indian Ocean Tsunami:
In the beginning of 2005, a tsunami calamity hit Southeast Asia and made thousands of people homeless, CUP raised RMB 245,000 donations from its staff and workers.
Featuring Services for Peasant Workers:
At the end of 2005, CUP took an active response and participated in the launch of Bankcard Featuring Service for Peasant Workers that was initiated by the PBC aiming at solving peasant workers’ problems of carrying cash back home. By fully extending its advantages in cross-bank network, CUP combined and connected over 60,000 Rural Credit Cooperatives that were spreading nationwide directly under the central government to provide a secure financial remittance service for the migratory workers. Millions of peasant workers who have been constructing the modernized cities have realized their wish of “depositing at working place and drawing at home” through the service. The service provided much convenience and safety for peasant workers’ carrying cash back home, and played an important role for driving the rural financial development, supporting the construction of new socialist countryside and addressing “Three Agricultural Issues”.
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