Exchange Database
California Opens Trade and Investment Office in China
In order to position California for growing share of China’s massive foreign investment pool and bolstering California-China trade, Governor Edmund G. Brown Jr., the Bay Area Council and the Governor’s Office of Business and Economic Development (GO-Biz) opened the California-China Office of Trade and Investment in Shanghai.The privately-funded office will be staffed and operated by the Bay Area Council. It will provide California with a valuable and necessary portal for attracting Chinese investment and expanding trade. Some estimates suggest China’s foreign direct investment may reach $2 trillion by 2020.
Outcomes:
The California-China Office of Trade and Investment will serve as a hub for California companies interested in entering or expanding in China – the world’s second largest economy – and Chinese companies seeking investment opportunities in California – the world’s ninth largest economy by GDP.
Government?:
Yes
Type of Exchange:
business
diplomatic
Partners:
Bay Area Council
Governor’s Office of Business and Economic Development (GO-Biz)
Chinese government
Participants (Types):
Governor Edmund G. Brown Jr, Jim Wunderman, President and CEO of the Bay Area Council
Exchange Date:
Thursday, April 11, 2013
Continuing:
Yes
Image:
Level of Government:
national
state/provincial
Location:
Shanghai
*If you know more about this exchange, please contact us.