Wednesday , May 25 2022

The Millionaire owner of the Chinese consortium joins the Communist Party


Jack Ma (Photo Reuters)

MIAMI, United States. – The People's Daily, the official organ of the China Communist Party, announced the militia in its series of Jack Ma, the founder of Alibaba, the Chinese technological giant and one of the richest people in the world, the AFP.

In an article dedicated to the influential personality of the Asian giant, the media said that Ma is one of the latest add-ons of the party, who already has 89 million members and also counts among others, that the Xu Jiayin property and founder of Wanda Group Wang Jianlin.

As well as venturing into the world of technology, Ma is also regarded as one of the "excellent architects of socialism with Chinese features in the Zhejiang province", where there is Alibaba headquarters.

The Daily People also notes that Jack Ma is a member playing an important role in promoting the "Silk Roads" initiative, an ambitious ecosystem investment program in the Chinese President Xi Jinping infrastructure.

Although Ma and other figures in the business world have publicly stated that they prefer to stay away from politics, Communist Party contact can be useful to many of these private entrepreneurs in China, where the government is trying to regenerate the widening of the party's influence in private businesses.

In the Asian nation it is required that any company with more than three members establish a formation cell. Similarly, three in four private companies are already estimated to have party organizations.

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