US President Barack Obama (L) and Alibaba CEO Jack Ma participate in a panel discussion at the APEC CEO Summit in Manila, Philippines, November 18, 2015.[Photo/Agencies] |
Ma smiled in response. He said Alibaba had been putting 0.3 percent of the company's total revenue for the past six years towards encouraging young people to find solutions to climate change and other environmental issues.
Ma added that he thought it was a "fantastic idea" to invest in clean technology, referring to a recent conversation in which Microsoft Corp co-founder Bill Gates broached the idea.