Michigan Inks Deal to Help Chinese Tech Firms Enter U.S. Market

The state of Michigan has signed a memorandum of understanding with Shanghai Auto City to help Chinese tech companies set up operations in the state.

Gov. Rick Snyder says the move by the Michigan Economic Development Corp. will help develop each partner’s connected-vehicle infrastructure, expand research activities and encourage high-tech startups.

A separate cooperative deal between the University of Michigan and Shanghai Jiao Tong University will debut a special automotive executive development program next year.