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China Telecom and Alibaba Group have officially inked a strategic cooperation agreement in Hangzhou, with prominent executives including China Telecom Chairman Ke Ruiwen and Alibaba Group CEO Daniel Zhang in attendance. Under the terms of this agreement, the two entities will enhance their collaboration across cloud and AI infrastructure, e-commerce for emerging service sectors, and social value innovation.
The partnership will concentrate on pivotal industries, jointly developing integrated solutions for digitalization and AI applications, thereby facilitating the global expansion of Chinese enterprises. The primary objective of this collaboration is to harness the combined global service capabilities of both parties to accelerate digitalization and intelligent transformation efforts.
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