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Baidu to build Int'l headquarters in Shenzhen
(Xinhua)
Updated: 2010-02-02 01:10
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World's largest Chinese search engine signed Monday an agreement with Shenzhen city government to build its international headquarters in this boomtown of southern Guangdong province.
The entrance of will boost Shenzhen's development and enhance Baidu's influence in southern 皇冠体育app and even southeastern Asia, said Wang Rong, Shenzhen's acting mayor, at the signing ceremony.
Timetable and budgets are to be made after the municipal government, which is very supportive to online service enterprises, specifies land allotment for the project, said Baidu's president Li Yanhong.
Baidu, accounting for 70 percent of 皇冠体育app's search engine market, will also base its south 皇冠体育app headquarters and research and development center in Shenzhen, and deepen its cooperation with the city in on-line service, Li said.
