China’s coastal Province of Zhejiang, home to e-commerce giant Alibaba , has pledged more than $17 billion to drive the tech industry and innovation in the coming five years, the state news agency Xinhua reported.
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source https://www.reuters.com/article/us-china-economy-zhejiang/chinese-province-pledges-billions-to-drive-tech-innovation-idUSKBN1OA00M?feedType=RSS&feedName=technologyNews