The China-California Business Forum lit up Los Angeles this week, bringing together over 150 Chinese business leaders, officials, and U.S. partners to supercharge cross-Pacific collaboration 💼🌉. With two-way trade hitting $137 billion in 2023, this annual event is a powerhouse for innovation and growth!
Why It Matters
Chinese Consul General Guo Shaochun highlighted China as California’s #1 trading partner, driving jobs and economic gains on both sides. Over 50% of Port of LA cargo? Linked to China! 🚢
Deals, Deals, Deals
From clean tech 🌱 to e-commerce 📦, new MOUs were signed, including partnerships between Shanghai Foreign Investment Board and World Trade Center LA. Even airports joined the party: SF International and Shanghai Airport Authority inked a fresh alliance ✈️.
California Love
Lt. Gov. Eleni Kounalakis called the relationship ‘special’ – fueled by trade, student exchanges, and California’s massive Chinese American community 🤝. \"Longstanding and respectful friendship\" was the vibe.
With Shanghai as this year’s Guest City of Honor, the forum proves subnational ties are key to stabilizing U.S.-China relations. Stay tuned for 2024’s collabs! 🚀
Reference(s):
China-California Business Forum held to boost economic cooperation
cgtn.com
