MUMBAI: The Walt Disney Company will contribute Rmb 1 million to the China Youth Development Foundation (CYDF) to help rebuild schools devastated by a powerful earthquake in the western Chinese province of Qinghai.

"On behalf of The Walt Disney Company, I extend our deepest condolences to the people of China and hope our contribution can help the children and families affected by this terrible earthquake," said The Walt Disney Company president and CEO Robert A. Iger.

Disney worked with the non-governmental CYDF after the devastating 2008 earthquake in Sichuan and Gansu provinces to build both temporary schools and to help in the long-term reconstruction of damaged facilities.

"We believe CYDF is well positioned to provide immediate and effective aid to the communities in Qinghai during their time of need," added The Walt Disney Company, Greater China executive vice president and managing director Stanley Cheung.