Yesterday, Alibaba Group released the first social responsibility report of China's Internet industry, discussing hot topics such as corporate social responsibility and corporate citizenship.
In this social responsibility report, Jack Ma, the chairman of the board of directors of Alibaba Group, who has been known for his unconventional strategies that have made him a leader in China's e-commerce industry, changed the usual practice of wealthy philanthropists donating large sums of money when it came to fulfilling social responsibilities. He proposed the "1 yuan donation" theory: "The key to being热心公益 (热心for public welfare) is to have a loving heart; the amount of money is not important." Another thing that Jack Ma "cares about the most" is building a social credit system.
Jack Ma stated that up to now, e-commerce has developed to a point where...
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