Sun, May 05, 2002 - Page 1 News List

Hu winds up visit to US

REUTERS , SANTA CLARA, CALIFORNIA

Chinese Vice President Hu Jintao (胡錦濤) wrapped up his inaugural visit to the US on Friday with stops in the heart of Silicon Valley, including a visit to build relations with Intel Corp, the world's largest semiconductor manufacturer.

Hu, expected to take over from Jiang Zemin (江澤民) as head of the Communist Party this year and as China's president in 2003, met with Intel Chairman Andy Grove and Chief Executive Craig Barrett, who both told Hu of China's strategic importance to Santa Clara, California-based Intel, said company spokesman Chuck Mulloy.

In turn, "the vice president told Craig and Andy that technology is strategically important to the growth of China's economy," Mulloy said. "It was a relationship-building visit."

Hu's Silicon Valley tour high-lighted the growing technological relationship between the US and China, which is aggressively seeking to broaden its own place in the world's high-tech marketplaces.

Intel has invested about US$500 million in China in the last five years, Mulloy said. The company has two assembly and test plants in China, as well as research and development centers in Beijing and Shanghai.

Hu's Intel visit was requested by the Chinese government, Mulloy said.

Hu was due to return to China on Friday following the Silicon Valley tour and a meeting with local Chinese-American leaders.

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