Jack Ma, the co-founder of Chinese e-commerce Alibaba Group, has taken up a visiting professor position at a research institute affiliated with the University of Tokyo, the university said Monday.
The Chinese entrepreneur will also share his “rich experience and pioneering knowledge on entrepreneurship, corporate management, and innovation” with students and faculty through seminars.
It stated that Ma would further advise and support the institute’s major research topics.
The Chinese billionaire has been out of the public eye since the ruling Chinese Communist Party (CCP) in Beijing launched a crackdown on the tech industry in 2020. Ma reportedly returned to China in March.
The South China Morning Post reported that Ma will focus on research in finance, agriculture, and innovation entrepreneurship at the university, “but there will be no public lecture or speech arrangement.”
A speech by Ma in early 2020 critical of the CCP’s regulatory system is widely seen as what triggered Beijing’s increased scrutiny of Alibaba, which led to his eventual withdrawal from public events. At the end of 2021, Ma left mainland China and made appearances in Japan, Spain, Australia, and Thailand.
Pressured to Return to China
A number of international media outlets reported that the CCP authorities had pressured Ma to return to China, hoping to reverse the outside world’s perception of the deterioration of China’s business environment. Ma was reportedly reluctant to go back to China initially.Hua said the Chinese entrepreneur could be used as a model for private enterprise owners to boost China’s economic development.
“In the past few years, the CCP has promoted the advancement of the state and the retreat of the private sector, but the contribution of state-owned enterprises to economic development is far less than that of private enterprises. So now, the regime turns to private enterprises for help,” Qiu said on March 29.