SHANGHAI: Internet technology companies should seek new development and innovation methods, despite tougher supervision, and are encouraged to assume social responsibilities and promote social values, a state media outlet said on Friday .
"Enterprises that are truly competitive, have good corporate culture and constantly create economic and social values will continue to prosper." China has so far issued fines to players such as e-commerce giant Alibaba Group and social media company Tencent Holdings as part of recent regulatory crackdowns.
Especially in the area of overcoming censorship by authoritarian regimes.
Irony
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