Wengfu may lift 5,000 out of poverty
Help for needy families, credit support for rural firms part of $1.4m pledge
Wengfu (Group) Co Ltd, one of the largest State-owned phosphorus and chemical manufacturers, pledged to spend at least 10 million yuan ($1.4 million) this year to support needy households and local industries, as part of its long-term commitment to poverty alleviation.
The company will step up its efforts to help cash-strapped families and offer credit support to rural industries, according to the Guizhou-based company.
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