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Alibaba Founder Jack Ma Opens Taiji Club Just Before His Resignation

posted 11 May 2013, 07:45 by Mpelembe   [ updated 11 May 2013, 07:47 ]

China-Jack Ma/Taiji -- Alibaba founder Jack Ma opens Taiji club just before his resign

 China Central Television (CCTV) - Alibaba founder Jack Ma opened a Taiji club on Friday afternoon in Xixi National Wetland Park in the city of Hangzhou in east China's Zhejiang Province, right before his resign.

Jack Ma, 48, stepped down as Alibaba CEO on Friday evening, at a 10th anniversary celebration of, the country's largest online shopping site.

Jack Ma performed Kung Fu at the opening ceremony of the club.

All the participants are followers of Taiji Zen, according to Ma.

Ma and action movie star Jet Li established Taiji Zen International two years ago with the aim of spreading the culture of Taiji to the world.

For some, Ma has special meaning to open the club at his resign.

"I don't think he steps down. He just stands on a higher mountain to observe the situation, to give up routine job, so that he could see farther to push Alibaba group," said Sally Wu, an anchorwoman of Phoenix Television.

Ma will still be the chairman of Alibaba group, but will not participate in any management. Ma will chair the Nature Conservancy of China and will work on promoting Taiji culture in the future.

The Nature Conservancy is a leading conservation organization working around the world to protect ecologically important lands and waters for nature and people.

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