Economic Affairs, Vol. 68, No. 03, pp. 1735-1744, September 2023 DOI: 10.46852/0424-2513.3.2023.42 How to cite this article: Zandi, G.R., Jiyang, C. and Abdullah, N. (2023). Research on the Impacts of Corporate Sustainability Reporting Disclosure of Chinese Food Enterprises on Financial Performance. Econ. Aff., 68(03): 1735-1744. Source of Support: None; Conflict of Interest: None Review Paper Research on the Impacts of Corporate Sustainability Reporting Disclosure of Chinese Food Enterprises on Financial Performance Gholam Reza Zandi * , Chen Jiyang and Naziruddin Abdullah Universiti Kuala Lumpur (UniKL) Business School, Malaysia * Corresponding author: zandi@unikl.edu.my (ORCID ID: 0000-0001-9517-8474) Received: 16-06-2023 Revised: 22-08-2023 Accepted: 02-09-2023 ABSTRACT With the proposal and continuous updating of sustainable development concept in China, actively assuming social responsibility by enterprises has become a direct manifestation of the progress of the times. While operating and developing, food enterprises should not only focus on their own profits, but also fulfill their social responsibilities. The article analyzes the causes of food safety issues that have emerged in the Chinese food industry, and proposes to focus on improving the skills and qualities of enterprise employees, constructing a policy system for food safety supervision and management, in order to provide beneficial insights for promoting sustainable development of enterprises. At the same time, using a combination of theoretical and empirical analysis methods, this study explores the impact of sustainable development responsibilities on financial performance of enterprises, providing strong support for enterprises to actively disclosure their Corporate Sustainability Reporting, and promoting listed companies in the food industry to aach importance to future sustainable development. HIGHLIGHTS m The article analyses the causes of food safety issues in the Chinese food industry and proposes improving enterprise employees’ skills and qualities, constructing a policy system for food safety supervision and management, and promoting sustainable enterprise development. Keywords: Sustainability Reporting, Financial Performance, Food Industry With the continuous development of the economy and the improvement of living conditions, Chinese residents are increasingly concerned about food safety issues in their daily lives. As a food safety enterprise, we also need to improve our product quality. The focus of operation is not only on how much profit we make, but also on whether we can effectively fulfill our sustainable development responsibilities. This statement has reached consensus among various sectors regarding sustainable development responsibility (Bartolacci et al. 2020). However, in recent years, food safety issues have occurred frequently, causing great public opinion. The importance of fulfilling sustainable development responsibility obligations in the sustainable operation of enterprises is self-evident. A company that integrates multiple interests and takes sustainable development as its business strategy to plan for future development can truly improve long-term economic and social benefits and possess long-term development capabilities. Corporate Sustainability Reporting Disclosure is the main driving force for achieving sustainable development. The good social responsibility of food industry enterprises is not only of great