Sharif, 23, said the good relations between the two countries make it easy to hire Chinese employees and get connected to local communities and industries.
Shanghai is dedicated to making AI and smart manufacturing two key pillars to drive its economy, of which 70 percent comes from modern services.
Shanghai Mayor Ying Yong said the city will continue to leverage the CIIE as a means to improve efficiency in the trade environment, promote free trade and bolster China's influence in the international market.
Shanghai Hero Group, a time-honored company that makes pens, has enjoyed slightly better fortunes.
She added that although it has been expensive to take such action, the authorities and businesses recognize that it has been necessary to achieve sustainable development.
Share buybacks by companies part of efforts to lift sentiment, prop up prices
中山社交恐惧症治疗
Shares of Amazon rose 12 percent in after-hours trading after the company beat expectations for holiday quarter and revealed that there are 150 million Prime members.
Shanxi province was granted more support from the central government to achieve economic transformation as an energy resource-based economy, according to a guideline released by the State Council on Monday.
Shanghai Party secretary Li Qiang visited Deep Blue in early May, saying that the company has set a good example of embodying its technology with products and services. The AI industry can reach substantial growth in the city only when companies are resolved to serve people's daily needs with technology, he said.
Shanghai-listed Baolong is a company which specializes in automotive parts research and development, manufacturing and sales. The US is its largest market, contributing 45 percent of its sales in 2018, followed by China at 40 percent, and the European Union at 12 percent.