# US‑China tech competition

Shanghai Bets on AI: Tencent Executive Says the City Has ‘All‑Round’ Advantages for an AI Boom

Tencent vice‑president and Shanghai political adviser Li Qiang says the city has comprehensive advantages in AI — spanning chips, compute, data and talent — and is a welcoming place for AI startups and professionals. Shanghai’s mix of universities, capital markets and corporate R&D positions it to translate research into commercial AI products, even as chip supply constraints and regulatory issues temper prospects.