Shanghai Pudong Development Bank (SPDB) and Baidu Group have entered into a strategic cooperation agreement. The signing ceremony was attended by Zhang Weizhong, Party Secretary and Chairman of SPDB, and Robin Li, Founder of Baidu Group. Xie Wei, Deputy Party Secretary and President of SPDB, and Shen Dou, Executive Vice President of Baidu Group, signed the agreement on behalf of their respective organizations.
Zhang Weizhong stated that Baidu Group is a forward-looking industry benchmark and a leading AI company with a solid internet foundation. Currently, cutting-edge technologies, such as artificial intelligence and autonomous driving, are reshaping the industrial landscape at an unprecedented pace. SPDB, leveraging its position in the Shanghai International Financial Center, combines a rich historical heritage with an open and inclusive development philosophy. In recent years, the bank has actively promoted its "Digital Intelligence" strategy, fostering transformation and innovation to build an open ecosystem. Moving forward, both parties aim to deepen collaboration in areas including cash management, cross-border finance, treasury management, information technology innovation transformation, and AI empowerment. They plan to establish a regular high-level communication mechanism to promote mutual integration of strengths and resource sharing, jointly supporting the high-quality development of the Shanghai International Financial Center.
Robin Li remarked that in recent years, Baidu Group and SPDB have engaged in close cooperation within the field of artificial intelligence. AI technology is profoundly reshaping various industry ecosystems, with technological iterations advancing rapidly. The core value lies in the practical application of these technologies in real-world scenarios. In the AI era, enterprises need to adapt their organizational models to technological changes and prioritize talent density. He expressed hope for deepened cooperation in traditional finance and digital transformation, enhancing the integration and innovation of AI technology with financial services to unlock the potential of bank-enterprise collaboration.
In the face of a new wave of digital economy transformation and the national strategy to cultivate new quality productive forces, the two parties are joining forces to promote the high-quality development of the artificial intelligence industry. This collaboration aims to contribute to improving the national computing power industry ecosystem, strengthening the digital economy, solidifying the foundation for building a financial powerhouse, and supporting the modernization of China.