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Jack Ma Takes Shot at Boosting China’s Education System

By Wu Di, Chen Shaoyan and Pan Che

(Beijing) — After revolutionizing e-commerce, Jack Ma says he has now set his sights on improving China’s problem-riddled education system.

The Chinese billionaire and founder of Alibaba Group Holding Ltd. has set up an experimental private bilingual school named Yungu, or Cloud Valley, in Hangzhou’s upscale Xi Hu (West Lake) district. The school offers classes from kindergarten (preschool) through senior high.

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