Los Angeles (Nov. 8th, 2018) – California Center President and CEO Margaret Wong talked about doing business in China at 2018 GetGlobal conference. Full Video: https://youtu.be/p8GYy4JjwCs
Shanghai, China – On Nov 5th and 7th, 2018, California Center joined the California delegation led by Bay Area Council to participate the first China International Import Expo (CIIE ) in Shanghai. At the expo, California Center exhibited its members’ products, including rice from American Commodity Company, canned food from Wild Planet and Honey from Bennette’s Honey Farm and so on. During the interview by Xinhua New, Margaret Wong, California Center’s CEO, mentioned that by organizing the CIIE China has taken the initiative to show its openness to the world and regional exchanges are of great significance to the development of Sino-US economic and trade relations. Xinhua News Report: http://www.xinhuanet.com/fortune/2018-11/07/c_1123679330.htm According to CNBC News, more than 400,000 Chinese buyers — including representatives from nearly all of China’s state-owned enterprises — had the chance to meet with more than 3,600 businesses from 172 countries at the China International Import Expo.
Background About CIIE:
- In May 2017, Chinese President Xi Jinping announced at the Belt and Road Forum for International Cooperation that China will hold China International Import Expo (CIIE) starting from 2018
- It is a significant move for the Chinese government to hold CIIE to give firm support to trade liberalization and economic globalization and actively open the Chinese market to the world. It facilitates countries and regions all over the world to strengthen economic cooperation and trade, and to promote global trade and world economic growth in order to make the world economy more open.