Technology

Tencent announces 50b yuan social charity investment plan

Tencent announces 50b yuan social charity investment plan

Tencent Holdings Ltd announced a plan to double its fund for social charitable causes in a bid to help promote "common prosperity" in China. The internet giant is investing an additional 50 billion yuan ($7.7 billion) on supporting everything from rural revitalization, enhancing efficiency of the rural economy, increasing incomes for low-income people.

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