Chi­nese firms seek part­ners in Vir­ginia

China Daily (Canada) - - ACROSSAMERICA - By CHEN WEIHUA in Hern­don, Vir­ginia chen­wei­hua@ chi­nadai­

Vir­ginia Gover­nor Terry McAuliffe, who has been a suc­cess­ful busi­ness­man him­self, knows well how to pro­mote his state to a group of some 100 Chi­nese en­trepreneurs from small and medium com­pa­nies com­ing to the United States to seek busi­ness op­por­tu­ni­ties.

“I know you are go­ing to New York. You’ve been to Chicago. For­get those places. You’re here in Vir­ginia where it’s all hap­pen­ing,” McAuliffe said at the open­ing of USChina En­ter­prises Vir­ginia Part­ner­ship Con­fer­ence on Thurs­day at the Cen­ter for In­no­va­tion Tech­nol­ogy in Hern­don, Vir­ginia.

McAuliffe cited the probusi­ness en­vi­ron­ment, low taxes, low reg­u­la­tion, pro­mot­ing en­trepreneurs to help busi­ness grow as the main rea­sons why Vir­ginia has been named the best state in the US to do busi­ness in by Forbes mag­a­zine and CNBC.

He touted the state’s in­fra­struc­ture in trans­porta­tion, deep-wa­ter port and ed­u­ca­tion.

“So let me just say, folks, we want to do busi­ness with you. We thank you folks to­day who are al­ready do­ing busi­ness with us. We want to grow to­gether,” said McAuliffe, who has been to China many times but will go for the first time in Oc­to­ber as gover­nor, leading a trade mis­sion.

“And I will be sign­ing deals with each and ev­ery per­son in this room to­day,” he told the vis­it­ing Chi­nese del­e­ga­tion.

Be­fore his speech, McAuliffe was sur­rounded by Chi­nese en­trepreneurs who wanted to chat with him and pose for a photo.

China is al­ready the largest cus­tomer of Vir­ginia’s agri­cul­tural and forestry prod­ucts and one of the state’s largest trade part­ners. China also is a top 15 global in­vestor in Vir­ginia.

McAuliffe said Air China’s flight from Bei­jing to Dulles In­ter­na­tional Air­port start­ing June 10 and China’s re­cent de­ci­sion to lift the ban of poul­try ex­port from the US mean great busi­ness op­por­tu­ni­ties for Vir­ginia.

The 96 Chi­nese en­trepreneurs in the del­e­ga­tion come from di­ver­si­fied businesses from man­u­fac­tur­ing and fi­nance to agri­cul­ture and mod­ern ser­vice.

Hong Yi, head of the Nan­tong Si­dano (In­ter­na­tional) Home­tex­tile Tech­nol­ogy Co Ltd, said he is try­ing to find busi­ness part­ner­ships with US com­pa­nies in both tex­tiles and real es­tate.

“I’d also like to learn how tex­tile firms in the US op­er­ate,” said Hong.

Qi Zeshou, from the Shanxi Tianli Eco­log­i­cal Tech­nol­ogy De­vel­op­ment Co Ltd, has been en­gaged in both mod­ern agri­cul­ture and tourism.

Qi, who has in­vested in agri­cul­ture in Aus­tralia, said he is seek­ing op­por­tu­ni­ties in farm­ing and tourism, but sighed say­ing that the trip was short and he didn’t get much time to in­ter­act with businesses in Chicago.

Jim Pekarsky, CEO of BioPharmx, a com­pany based in Menlo Park, Cal­i­for­nia, has fol­lowed the del­e­ga­tion from Chicago to Vir­ginia.

Pekarsky, who was busy talk­ing to Chi­nese busi­ness­men at his booth on Thurs­day af­ter­noon, said China will be a huge mar­ket for his com­pany’s health and well­ness prod­ucts, such as in­jectable der­mal fillers and breast health pills.

Frank Cao, sec­re­tary-gen­eral of the Global Al­liance of SMES in China, is the main or­ga­nizer for the trip, in part­ner­ship with Vir­ginia Eco­nomic De­vel­op­ment Part­ner­ship and US-China Ex­change As­so­ci­a­tion.

Cao said he has or­ga­nized trips for 68 busi­ness groups to the US since 2001.

“It is to help build a global plat­form for these Chi­nese en­trepreneurs in in­vest­ment, hu­man re­sources and brand­ing and help them co­op­er­ate with for­eign businesses at a higher level,” Cao said.

Ac­cord­ing to Cao, more than 100 Chi­nese businesses have de­vel­oped trade, tech­nol­ogy and brand­ing co­op­er­a­tion af­ter their trips in the past years, some have even got listed on Nas­daq.

Joe Han, pres­i­dent of China Tele­com (Amer­i­cas) Corp, said such a gath­er­ing will help those Chi­nese com­pa­nies seek­ing to do busi­ness and in­vest in the US and it will help the US com­pa­nies as well.

“These businesses are all po­ten­tial clients for China Tele­com,” said Han. China Tele­com Amer­i­cas was the spon­sor of the event on Thurs­day.

Af­ter Vir­ginia, the Chi­nese en­trepreneurs will go to New York and Las Ve­gas, where they will meet more Amer­i­can coun­ter­parts.

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