(MENAFN- Trend News Agency ) Chinese technology executives, facing a crackdown by the authorities, pledged support for Beijing's "common prosperity" drive and to help smaller companies,Trend reports citing Reuters .
Alibaba Group (9988.HK) CEO Daniel Zhang, a prime target 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 of helping local talent in poor regions to "teach a man to fish".
The World Internet Conference in Wuzhen in eastern China is organised by the Cyberspace Administration.
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