Ma Yun participated in the Entrepreneur Roundtable of the Far East Economic Forum held in Russia today.

According to Sina Technology, during the meeting, Russian President Vladimir Putin asked the officials next to him, I would like to ask the young man over there eating Russian snacks, Jack Ma, why are you so young and "retired"?

Ma Yun replied, Mr. President, I am not young anymore, I just passed my 54th birthday in Russia yesterday.I have been in business for 19 years and have done some things, but there are more things I love to do, such as education and public welfare.

Putin laughed and said, you are younger than me, I am 66 years old!After speaking, he clapped his hands.

Ma Yun then introduced the signing of the framework agreement on the establishment of a joint venture company between Alibaba and Russia's largest social media at the Far East Economic Forum. Although I will retire a year later, I can guarantee that Alibaba will abide by local laws whenever it develops in Russia., in line with the interests of China and Russia.Ma Yun also put forward four suggestions to Putin, using E-road to promote the Belt and Road Initiative, strengthen Sino-Russian technical cooperation, develop trade, tourism, technology, training, and increase support for small and medium-sized enterprises and young people.

Putin waited for Ma Yun to finish his speech, and said, you have spoken very well, you said that Ali will abide by relevant Russian laws and regulations, and the Russian government will fully support Alibaba's development in Russia!After speaking, he gestured to the left and right, and took the lead in applauding.

On September 10th, Teacher's Day, Ma Yun announced the Alibaba inheritance plan, announcing that he will retire in one year to engage in education and public welfare, and will no longer serve as the chairman of the group's board of directors. At that time, the current group CEO Zhang Yong will take over. Ali and the three Russian giants set up an e-commerce joint venture company Putin: Support Ali's development

The 4th Eastern Economic Forum was held in Vladivostok, Russia, and Alibaba Chairman Jack Ma attended the forum.

According to Sina Finance, on the same day, Alibaba Group announced the establishment of a new strategic partnership with the Russian Direct Investment Fund (RDIF), Mail.Ru Group, and MegaFon to establish a joint venture.

At the Putin Entrepreneur Roundtable, Russian President Vladimir Putin expressed his support for Alibaba's development in Russia.It is reported that this is the fourth meeting between Putin and Jack Ma.