The two companies have set up joint ventures and will provide information, as well as digital and consulting services, with customer-oriented research, design, simulation, manufacturing and management.
The two co-founders said that despite their announced departure, they hope Instagram will continue to keep its community and customers "front and center" in all that it does, and believe that "Adam will hold true to these values and that Instagram will continue to thrive."
The trip comes after the detention of two Canadians by Chinese authorities.
The two companies, Chengdu Gas Group Co Ltd and Streamax Technology Co Ltd and their underwriters will confirm IPO dates and publish their prospectuses following discussions with the stock exchanges, the China Securities Regulatory Commission (CSRC) said in a statement.
The two companies said the high-speed link between their data centers would start with facilities in the eastern United States and spread to other regions. They will also work together to let joint users log into to services from either company with a single user name and get tech support from either company.
The two-day International Conference on Digital Economy and Digital Silk Road, held in Hangzhou, a scenic city in East China's Zhejiang province, is hosted by Zhejiang provincial government, under the auspices of the National Development and Reform Commission and the Cyberspace Administration of China.
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The two countries should jointly oppose trade protectionism and unilateralism, he added.
The two presidents made the statement in exchanging congratulations on the 40th anniversary of the establishment of diplomatic ties between China and Portugal.
The two-day 5th China New Media Industry Convergence Development Conference, organized by the Xinhua News Agency and Chengdu municipal government, concluded in Chengdu, Sichuan province, on Wednesday.
The two pieces of bronze ware with exquisite patterns are extremely rare and valuable. Archaeologists identified them as cultural relics of the top level under national protection, the police said.