Hupan University is located in Hangzhou, east China's Zhejiang Province. [Photo: CFP]
Hupan University, created by Jack Ma, the founder of Alibaba Corporation, officially launches its classes on Wednesday.
Located in Hangzhou, east China's Zhejiang Province, the university has been co-founded by eight entrepreneurs and distinguished scholars. 35 CEOs from different fields are taught by Principal Ma.
Aimed at passing on knowledge to the CEOs, Hupan University will follow commercial business principles and foster a new generation of modern entrepreneurs with neo-commercial civilization. It will stick to the principles of holding key values, perfecting society and ensuring non-profit and public welfare.
The university has already selected the first batch of 30 students out of 150 applicants. The tuition fee is 280,000 yuan for three years.
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