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Society: Jack Ma greets new students at Hupan College

Hupan College, a school for entrepreneurs established by Alibaba founder Jack Ma and eight other leading business figures, began its third term in Hangzhou, East China's Zhejiang province, on Monday. Forty-four entrepreneurs from different industries were admitted as students for the new semester, plucked from 1,080 applicants, which makes the college's acceptance rate 4.07 percent. Located in the West Lake scenic area, the college was established in 2015. According to Ma, Hupan College will be open to global entrepreneurs in the future.