Foundation to develop better Internet growth

A new organization created to advance Chinese Internet developments and keep the growing network stable will make contributions to national cyberspace projects, China's Internet watchdog announced on Monday.

The China Internet Development Foundation, established in Beijing, is the first public fundraising foundation in the history of the Internet industry, the Cyberspace Administration of China said.

President Xi Jinping had announced in November, at the first World Internet Conference in Wuzhen, Zhejiang province, that China was pushing construction of a network that would allow China's 1.3 billion citizens to benefit from Internet developments.