AI to Startups, Shanghai Aims to Lead the Next Innovation Wave

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At an annual mayor’s forum, global executives urge Shanghai to harness AI, attract talent, and drive tech innovation. SHANGHAI – More than 30 top executives from global companies gathered in Shanghai on Sunday for the 36th annual International Business Leaders’ Advisory Council for the Mayor of Shanghai (IBLAC), where discussions centered on bolstering the city’s position as a global technology hub. Leaders from industries ranging from pharmaceuticals to mining shared strategies for innovation, urging Shanghai to expand international cooperation, foster technological advancements, and attract global talent. Founded in 1989, IBLAC brings together international business leaders annually to discuss the city’s economic development. Over the past three decades, the council has grown from 12 members representing eight countries to 44 members and 10 honorary members from 15 countries. This year, Shanghai Mayor Gong Zheng emphasized the importance of technological innovation in shap ………………………………