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Chinese tech execs support ‘common prosperity’, helping SMEs at internet summit WUZHEN, China (Reuters) - Chinese technology executives, facing a crackdown (here) by the authorities, pledged support on Sunday for Beijing's "common prosperity" drive and to help smaller companies. Alibaba Group CEO Daniel Zhang, a prime target (here) of the broad crackdown, told a conference organised by China's top internet regulator that his company's $15 billion plan to boost common prosperity in China was "steadily advancing". Common prosperity - China's term for narrowing the gap between rich and poor - is "not just a number", Zhang said, stressing the importance…
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