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[Tsai Chongxin: The Private Enterprise Symposium Released A Positive Signal, And Corporate Confidence Will Be Transformed Into Consumer Confidence] On March 12, In A Forum Dialogue Held In Singapore, Alibaba Group Chairman Tsai Chongxin Said That The Private Enterprise Symposium Held A Few Weeks Ago Released A Very Positive Signal, And Private Enterprises Will Invest And Recruit New Employees Driven By Confidence, Which Will Be Transformed Into Consumer Confidence. "After The Symposium, Alibaba Announced That It Will Invest More Than US$50 Billion (RMB 380 Billion) In Cloud Computing Infrastructure And Ai Hardware In The Next Three Years. We Decided To Reinvest Our Revenue Into Ai And Cloud Computing Infrastructure Construction. Similarly, Other Private Enterprises Have Confidence And Will Take Action." Tsai Chongxin Said
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