China Government Assigns Officials To Alibaba and 100 other Private Companies.

This move in the tech hub of Hangzhou signals tighter links between state and private sector.

China Government Assigns Officials To Alibaba and 100 other Private Companies. | BEAMSTART News

- From our Sponsors -

The Hangzhou Municipal Government is dispatching officials to 100 key local corporations, including e-commerce giant Alibaba, Geely Holdings, and Wahaha — the latest example of a greater influence by the state over the country’s private sector.

The move was part of its “New Manufacturing Industry Plan” to service the important companies and help facilitate co-operation and communication with the government.

- Featured Sponsor -

“We understand this initiative from the Hangzhou City Government aims to foster a better business environment in support of Hangzhou-based enterprises. The government representative will function as a bridge to the private sector, and will not interfere with the company’s operations,” Alibaba said in a text statement.

Not so long ago, China’s 10 biggest companies were all state-owned as opposed to now where Alibaba and Tencent lead the list - both of which are among the most valuable companies globally.

The move is the latest strategy to transform the country’s economy especially since its core strategy, Made in China 2025, aims to catch China up with its economic rivals in high-value industries.

“All Chinese corporates are effectively either state owned enterprises or state overseen enterprises, and there seems to be no move to get away from that and indeed more and more effort to make it very clear the private sector are beholden to the Party,” said Fraser Howie, author of Red Capitalism.

- From our Sponsors -

Latest Jobs

Digital Marketing Intern

Undrcut Digital Marketing



SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate


Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer


Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital


Full Time

SGD 2500 — SGD 5000 monthly

Investment Analyst

Accial Capital


Full Time

SGD 4000 — SGD 6000 monthly

Enterprise Solution Project Manager

Jakarta, Indonesia

Full Time

SGD 2000 — SGD 2100 monthly

Operations Executive



Full Time

SGD 2800 — SGD 3500 monthly

Site Reliability Engineer



Full Time

SGD 2000 — SGD 3500 monthly

Live Streaming Operator


Tangerang, Indonesia

Full Time

SGD 800 — SGD 1100 monthly

Mobile Developer


Jakarta, Indonesia

Full Time

SGD 1000 — SGD 1100 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.


Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).