Simon Hu, president of Alibaba’s public welfare group, speaking at the Alibaba Computing Conference in Hangzhou, Oct 11, 2017. Photo: Handout
Simon Hu, president of Alibaba’s public welfare group, speaking at the Alibaba Computing Conference in Hangzhou, Oct 11, 2017. Photo: Handout
Alibaba

Alibaba elaborates on how it will use its 100 billion yuan ‘common prosperity’ fund – pointing to ‘high quality growth’ for all

  • Alibaba wants to build a ‘common prosperity model’ in Zhejiang by 2025, said Simon Hu, head of Alibaba’s public welfare group
  • The plan consists of 10 initiatives including promoting investments in technology, supporting small businesses and fostering development in rural areas

Topic |   Alibaba
Simon Hu, president of Alibaba’s public welfare group, speaking at the Alibaba Computing Conference in Hangzhou, Oct 11, 2017. Photo: Handout
Simon Hu, president of Alibaba’s public welfare group, speaking at the Alibaba Computing Conference in Hangzhou, Oct 11, 2017. Photo: Handout
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