2. However, Baty said the stabilization of Chinese universities' rankings is no cause for alarm. "Continued investment built on decades of spending, and increased internationalization in Chinese higher education will no doubt ensure China's universities continue to strengthen," he said.
4. Jack Ma and his family's total wealth in IT industry was 195 billion yuan, followed by Tencent Holdings founder Pony Ma, whose wealth increased by 30% year-on-year to 134 billion yuan.