Jack Ma back in China, visiting Yungu School

82
1
Jack Ma back in China, visiting Yungu School

Jack Ma is back in China, visiting the Yungu School in Hangzhou.

A WeChat posted by the school and a report by the South China Morning Post newspaper, both of which are owned by Alibaba, confirmed the visit.

Ma's public reemergence supports the government's softening tone toward the private sector as leaders try to shore up an economy battered by three years of COVID 19 curbs.

During his visit, Ma, a former English teacher, discussed topics such as Artificial Intelligence-powered Chatbot ChatGPT and said he hoped to return to teaching one day, the Yungu School said on its official WeChat account.

The school was founded by Ma and other Alibaba founders in the eastern home city of Hangzhou in 2017.

The premier of China, Li Qiang, a close ally of President Xi Jinping, said Ma's return to the mainland could boost business confidence among entrepreneurs, prompting the premier to ask Ma to return since late last year, five sources with knowledge of the matter told Reuters.