Jack Ma

Co-founder, Alibaba and Ant Group

Appears in 1 story

Born: September 10, 1964, Hangzhou

Party: Chinese Communist Party

Education: Hangzhou Normal University, Cheung Kong Graduate School of Business

Previous offices: président-directeur général

Last updated Nov 2, 2026

Stories

China passes its first law dedicated to the private economy

Rule Changes

As of July 2026: Rehabilitated public figure after years out of view

China's private firms account for about 60% of its economic output and most of its urban jobs. In April 2025, they got their first dedicated legal protection. The Private Economy Promotion Law, passed by the National People's Congress Standing Committee, took effect May 20, 2025.

Updated Jul 29