Shanghai Party Secretary Li meets Synopsys delegation

Shanghai Party Secretary Li Qiang met Chi-Foon Chan, president and co-chief executive officer of Synopsys Inc, and his delegation on Monday.

Li said that Shanghai is working hard to develop its industries such as integrated circuit (IC) and artificial intelligence (AI) in line with the CPC Central Committee’s direction.

The city will take advantage of its massive data, rich application landscape, and a huge market to further promote innovative development, open cooperation, and focus on the key industries.

Synopsys has great influence in the IC industry and has strategic layout in the fields of AI and information security. So Shanghai hopes to deepen cooperation with Synopsys and cultivate a more complete and dynamic industrial ecology, the city leader said.

Also, the city will work hard to build a top-notch business environment for international companies operating in Shanghai, and grant the companies more sense of gain and satisfaction through its online service platform, Li added.

Chan said Synopsys’s development in Shanghai has been inspiring and it’s looking forward to future cooperation with the city. Shanghai has formed a promising industrial ecology of IC and AI, and Synopsys hopes to explore new business formats and new cooperation fields with the city.

Zhuge Yujie, secretary-general of the CPC Shanghai Committee, also attended the meeting.