Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), Meets with AMD's Lisa Su; Computing Power Cooperation and APEC Business Activities Take Center Stage
2026-05-19 15:51
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en.Wedoany.com Reported - Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), met with Dr. Lisa Su, Chair and CEO of AMD, and her delegation in Beijing on May 18. The two sides held in-depth discussions on promoting pragmatic cooperation between the Chinese and American business communities, serving the development of foreign-funded enterprises in China, and participating in the 2026 APEC series of business activities. On the afternoon of the same day, He Lifeng, Member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with Lisa Su at the Great Hall of the People, welcoming multinational companies including AMD to seize China's development opportunities and deepen mutually beneficial cooperation.

During her conversation with Ren Hongbin, Lisa Su clearly expressed AMD's high regard for the Chinese market. "It is a great honor to be in China on this trip; the Chinese market is extremely important," Lisa Su told Xinhua News Agency reporters. She further pointed out that computing power has become key to AMD's business, and she is very fortunate to maintain a stable and sound cooperative relationship with major Chinese partners in this field. "I always look forward to both sides continuously deepening cooperation and expanding into more areas." When meeting with He Lifeng, Lisa Su spoke positively of the outcomes of the meeting between the two heads of state, expressing a willingness to continue expanding business in China and continuously increase investment in the country.

AMD's cooperative footprint in the Chinese market spans multiple dimensions, including data centers, computing power infrastructure, and local research and development. Since 2025, multiple enterprise-grade servers launched by Lenovo and H3C have been equipped with AMD EPYC processors, targeting high-performance scenarios such as cloud computing and AI inference. At the end of 2025, AMD joined hands with over 30 local ecosystem partners to bring the Ryzen AI PRO PC platform to the Chinese market. The AMD Shanghai R&D Center, established in 2004, has since grown into one of AMD's largest R&D facilities globally. In 2025, driven by the market performance of its Ryzen and EPYC product lines, AMD achieved a record annual revenue of $25.79 billion, with China's weight in AMD's global strategic map continuing to rise.

This meeting also took place against a noteworthy industry backdrop—2026 is APEC's "China Year," and the CCPIT officially took over the hosting rights for the APEC CEO Summit in April. At the second meeting of the APEC Business Advisory Council (ABAC) held in Mexico City on April 23, Ren Hongbin announced that a series of business activities would be held closely centered around the ABAC theme of "Openness, Connectivity, and Synergy." He invited representatives from various economies to participate in the APEC China CEO Forum and the 4th China International Supply Chain Expo to be held in Beijing in June, as well as the APEC CEO Summit to be held in Shenzhen in November. Sources indicate that during Lisa Su's visit to the CCPIT, the two sides specifically communicated on matters related to participating in the aforementioned APEC series of activities, implying that AMD is expected to deeply engage in this highest-level platform for the Asia-Pacific business community.

The CCPIT is continuously strengthening its efforts to serve and support foreign-funded enterprises, having implemented several specific measures since the beginning of this year. In March 2026, the CCPIT launched the "Invest in China" platform, promptly releasing over a thousand items including foreign investment policy documents and the latest investment information in both Chinese and English. By the end of 2025, the national trade promotion system had cumulatively collected 10,211 requests and appeals from foreign-funded enterprises, facilitating the resolution or providing positive responses to 8,165 of them. The CCPIT will also advance a survey on China's business environment in 2026, collecting and objectively reflecting the evaluations and appeals of foreign-funded enterprises, to provide policy alignment and investment references for foreign companies in China, including AMD.

Against the backdrop of China-U.S. economic and trade cooperation, Lisa Su's visit to China also carried another identity—representative of the American business community. This visit coincided with U.S. President Trump's visit to China, with Lisa Su being one of the accompanying business executives. Several accompanying members of the American business community stated in interviews with Xinhua News Agency that the U.S.-China relationship is crucial, and the successful meeting between the two heads of state has injected new momentum into U.S.-China economic and trade cooperation while providing certainty for the world economy. They expressed optimism about China's long-term development and market opportunities, conveying a strong willingness to continuously expand pragmatic cooperation with China and deepen economic and trade linkages. A spokesperson for the CCPIT publicly stated before the meeting that they welcome representatives of the American business community to visit China and look forward to further deepening exchanges and cooperation between the Chinese and American business communities.

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