US tech firm Cisco is planning to invest more than $10 billion USD in China-focussed partnerships and investment over the coming years. The company made the announcement this Wednesday as Chief Executive John Chambers visited Chinese Vice Premier Wang Yang. Chambers’ soon-to-be replacement Chuck Robbins also travelled to China as part of the trip.

The company has made it clear they will be working closely with the government following their political goodwill visit. They said in their statement that they will strive to support local innovation, one of the Chinese government’s recent policy hooks in technology.

Cisco also revealed they have signed a memorandum of understanding with China’s National Development and Reform Commission, aiming to also expand R&D, employment and equity investment.

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Cate Cadell

Cate is a tech writer. She worked as a journalist in Australia, Mongolia and Myanmar. You can reach her (in Chinese or English) at: @catecadell or catecadell@technode.com