Today, IBM hosted its Enterprise AI Summit in China in the city of Yantai. Chen Xudong, the Chairman of IBM Greater China Group, highlighted that IBM's primary clientele in China currently consists of private enterprises and foreign-owned companies operating within the country. The company's main emphasis lies in facilitating the digitalization, intelligent transformation, and global operations of these private entities. Chen Xudong further mentioned that IBM is committed to utilizing its technological prowess and consulting expertise to bolster the growth of private enterprises. As part of this endeavor, IBM has initiated the China 'AI Deep Cultivation' program, designating cities like Suzhou and Yantai as the inaugural group of key cities for this initiative.