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California seeks to enhance business ties with China

Xinhua, May 10, 2017 Adjust font size:

Californian Governor Jerry Brown said on Tuesday he hoped to further advance California-China business ties during his term.

He made the remarks during the 2nd ChinaWeek California-China Business Summit, an annual conference attracting about 170 government and industry representatives from China and over 100 American industry leaders.

"I hope this meeting will result in many partnerships, many sales and many new occasions of coming together by people in Los Angeles, in California, in China," said Brown in his opening speech.

The summit held in downtown Los Angeles is an opportunity for both California and Chinese leaders to create opportunities for investment.

It will hold discussions on five major topics, namely clean-tech, e-commerce, cross-border investment as well as agriculture and infrastructure.

"We are leaders in California in many of these areas and China is a leader in Asia in many of these areas," Gary L. Toebben, president of Los Angeles Area Chamber of Commerce, told Xinhua at the summit. "So we share with each other about the technology and what we have learned from our business."

"Chinese companies are looking for corporations in California in industries like clean-tech, e-commerce and medical, in pursuit of technology imports, project investing and trading," said Liu Chun, vice president and secretary general at China Chamber Of Commerce For Import & Export Of Machinery & Electronic Products (CCCME).

China is California's 3rd largest export destination, with approximately 14.4 billions dollars in goods sent to the Asian giant.

The California-China Business Summit is part of the second annual ChinaWeek program which includes a series of conference and exhibitions to promote bilateral cooperation between California and China. It runs until May 13. Endi