Alibaba founder calls on China's businesses to put service first

China's 1.4 billion people should lead second wave of globalization: Jack Ma

Alibaba Group founder Jack Ma 

Alibaba Group founder Jack Ma  (AP photo)

TAIPEI (Taiwan News) — Alibaba Group founder Jack Ma (馬雲) wants Chinese corporations to service the world in order to rebuild the country’s battered image rather than trying to conquer the global market, reports said Wednesday (Sept. 30).

China's image has suffered overseas amid the spread of the Wuhan coronavirus (COVID-19) pandemic and the communist government’s aggressive foreign policy.

At a green forum Tuesday (Sept. 29), Ma told Chinese business leaders that they should stop viewing globalization as simply a means to take in the world’s money and conquer the global market, the Liberty Times reported. Instead, the tycoon said they should emphasize their ability to provide services to the world.

Chinese companies should not only be interested in earning profits but also in winning respect, Ma told his fellow business people.

The Alibaba founder predicted that the second wave of globalization would be led by China’s 1.4 billion inhabitants. Businesses should be grateful to the United States for its 300 million people having led the way in the first wave of, he said.