Chinese tech companies deepen Party ties

Chinese tech companies deepen Party ties

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China's tech sector, once reluctant to display any political affiliations, is becoming more open about ties with the ruling Communist party, on the eve of a landmark meeting where the country's next leaders will be chosen.  More than 35 tech companies, including large groups such as Sina and Baidu, have quietly instituted party committees in recent years, the Financial Times reports. These assess a company's daily operations to ensure they do not stray from party objectives, but had typically been given little fanfare because of concerns around alienating foreign partners and investors. But now tech groups are increasingly promoting their party ties. When bike-sharing unicorn Ofo set up a party committee this year, it sent a statement to the Global Times announcing the news. E-commerce powerhouse JD.com has pointed to its push into rural areas as providing support for state-led programs to cut poverty, while streaming platform Douyu has highlighted a higher number of shows featuring the party.