On April 26, 2024, the UN Global Compact held the launching ceremony of the "Sino-Africa Community Action Network on Sustainable Development" in Beijing. At the launching ceremony, many Chinese companies, including “SHANGHAI FOSUN PHARMACEUTICAL (GROUP) CO., LTD.” “ Zhejiang Huayou Cobalt Co., ltd.” “Hainan Mining Co., Ltd.” and “CHINT” announced their respective action projects and plans, providing valuable practical references for other participating companies and taking the first step in the action of the Sino-Africa Corporate Community Action Network on Sustainable Development.
Under the theme of "Light Up Boundless Possibilities of Africa," CHINT plans to provide vocational skills training in electrical work for young people in surrounding communities at the CHINT Uganda Meter Factory over the next three years. It will also collaborate with other companies operating in Africa to jointly implement at least 10 sustainable development projects.
To speed up the achievement of SDGS for Chinese and African companies outlined in the UN Global Compact's "China Strategy" and support the 2030 sustainable development agenda, the UN Global Compact started the "Sino-Africa Community Action Network on Sustainable Development”. This network will continue to bring together stakeholders such as the public sector, enterprises, international organizations, academic institutions, and media to provide an international platform for cooperation and exchange for companies investing and operating in Africa. Through long-term cooperation, the network aims to focus on environmental, labor, SDG innovation, youth employment, medical health, and other issues, helping companies address sustainable development challenges in their operations in Africa and promoting sustainable development cooperation in different industries and fields.