Amid boom in AI, wealth of innovation opportunities and applications abounds

　　Cisco showcases its operations at the 2025 World Artificial Intelligence Conference held in Shanghai. CHINA DAILY

　　Even as the global landscape shifts, businesses from the United States are reaffirming their deep-rooted presence in China, adopting a long-term strategic vision to navigate cyclical fluctuations and geopolitical headwinds.

　　"Chinese enterprises are advancing technologically at a pace unmatched globally," said Ming Wong, vice-president of Cisco and CEO of Cisco Greater China. "What foreign companies once took 20 or 30 years to accomplish, China can now achieve in just two or three years — particularly in the realm of technological innovation and application," he added.

　　Headquartered in San Jose, California, Cisco is a multinational technology conglomerate specializing in networking hardware, software and cybersecurity solutions.

　　"The advantages of the Chinese market are evident. For one, policy support fosters a stable environment for foreign enterprises. Beyond that, the market abounds with opportunities. Cisco has operated in China for 32 years, witnessing its continuous expansion. Particularly amid the artificial intelligence boom over the past two years, the wealth of innovation opportunities and application scenarios here is highly compelling to us," Wong said.

　　The Chinese market for Cisco is undergoing a profound evolution, Wong said. "The previous phase was characterized by a market for technology, whereas the relationship is now entering a new stage of market co-innovation," he said.