Alibaba’s charity fund updates its strategic priority to answer Xi’s common prosperity call and help narrow nation’s wealth gap

//Alibaba’s charity fund updates its strategic priority to answer Xi’s common prosperity call and help narrow nation’s wealth gap

Alibaba’s charity fund updates its strategic priority to answer Xi’s common prosperity call and help narrow nation’s wealth gap

Alibaba Foundation, the charity backed by the world’s largest e-commerce group, has updated its philanthropic strategy to align with the Chinese government’s call for “common prosperity” and help narrow the nation’s wealth gap.The 10-year-old foundation, backed by this newspaper’s owner Alibaba Group Holding, will focus on promoting the goal of equality by helping rural revitalisation and environmental protection, according to a statement published on Saturday, a day after Alibaba set aside 100…

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By | 2021-09-06T08:19:10+00:00 September 6th, 2021|Technology|Comments Off on Alibaba’s charity fund updates its strategic priority to answer Xi’s common prosperity call and help narrow nation’s wealth gap