Shenzhen, China, May 26, 2008 â€“ Hearing firsthand from its customers and 5,500 associates affected by the recent China earthquakes, Wal-Mart has increased its pledge for relief to more than RMB 20 million (USD $3 million), to be used for community reconstruction. In the meantime, the company will vigorously explore the possibility of setting up a Wal-Mart foundation in China to help extend the companyâ€™s long-term disaster relief efforts.
In the days following the disaster, Wal-Mart, Trust-Mart and Wal-Mart Global Procurement together shipped more than 30 truckloads of emergency supplies to the devastated area and have assisted with logistics to help deliver goods. In addition, partnering with more than 200 suppliers, it held a nationwide charity sale outside its China Wal-Mart and Trust-Mart stores, with proceeds going to support the earthquake victims. The companyâ€™s customers and associates in China and around the world also have given millions of RMB in support.