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How China's rich are shaping national policymaking

For the first time in the country's history, private entrepreneurs are actively involved in the preparation of the national five-year plan.

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When the National People's Congress passes the new five-year plan, it will likely feature the recommendations of Jack Ma's private think tank to promote Big Data as an important source of economic growth. Mr Ma is head of Internet company Alibaba and the second-richest Chinese.

AT the annual meeting of the National People's Congress that began on March 5, one group clearly stands out - the 114 of the nearly 3,000 delegates of the National People's Congress (NPC) that are on the Hurun list of richest Chinese.

China's richest people account for close to 4 per cent

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