Chi­nese del­e­ga­tion seeks strate­gies on op­ti­miz­ing op­por­tu­ni­ties

Visit county to learn ‘best prac­tices,’ eco­nomic ini­tia­tives

The Enquire-Gazette - - Front Page - By JOHNATHON CLINKSCALES jclinkscales@somd­news.com

The Prince Ge­orge’s County Eco­nomic De­vel­op­ment Cor­po­ra­tion (EDC) hosted a 24-mem­ber del­e­ga­tion from the Qing­hai Prov­ince of China to share its best prac­tices for op­ti­miz­ing in­ter­na­tional busi­ness de­vel­op­ment in the county dur­ing a meet­ing July 15 at the EDC’s head­quar­ters in Largo.

EDC pres­i­dent and CEO Jim Cole­man, along with Prince Ge­orge’s County As­sis­tant Deputy Chief Ad­min­is­tra­tive Of­fi­cer for Eco­nomic De­vel­op­ment and Pub­lic In­fra­struc­ture David Ian­nucci, gave pre­sen­ta­tions on what the county does to pro­mote de­vel­op­ment

of small- and medium-sized com­pa­nies, the suc­cess of the county’s prior trade mis­sions to China, how im­por­tant in­ter­na­tional trade mis­sions are for the lo­cal econ­omy as well as the county ex­ec­u­tive’s four-point in­ter­na­tional plan, ac­cord­ing to an EDC press re­lease.

Cole­man said his cor­po­ra­tion’s goal is to gen­er­ate $100 mil­lion in new rev­enue for the county’s lo­cal busi­nesses, both do­mes­ti­cally and in­ter­na­tion­ally. Part of achiev­ing that goal is to host in­ter­na­tional del­e­ga­tions which can help grow the econ­omy and make all of the county’s busi­nesses and res­i­dents sus­tain­able far into the fu­ture, he said.

“This is just an­other con­tin­u­a­tion of County Ex­ec­u­tive [Rush­ern L. Baker’s] over­all strate­gic plan and hav­ing a good re­la­tion­ship with China, but also his in­ter­na­tional fo­cus on ex­pand­ing our busi­ness sec­tor in Prince Ge­orge’s County,” said Cole­man.

Ian­nucci, who spoke on Baker’s be­half, in­formed the Chi- nese del­e­ga­tion about how im­por­tant in­ter­na­tional trade mis­sions are for the lo­cal econ­omy and how specif­i­cally the county is part­ner­ing with the Mary­land Depart­ment of Com­merce to ex­pose more state com­pa­nies to in­ter­na­tional busi­ness de­vel­op­ment.

For Ian­nucci, spurring eco­nomic growth en­tails us­ing in­ter­na­tional trade and for­eign in­vest­ment as a way of grow­ing the county’s tax base and cre­at­ing jobs. Hav­ing good re­la­tion­ships with in­ter­na­tional del­e­ga­tions is crit­i­cal for mu­tual co­op­er­a­tion and mu­tual eco­nomic growth, he said.

“I know Mr. Baker puts great value on the per­sonal con­nec­tion that we have among our na­tions,” Ian­nucci said. “I’ve had the great plea­sure of trav­el­ing to your na­tion five times in the last 12 years and I spent a lot of my life lit­er­ally liv­ing in Asia. So I have the high­est re­spect for your cul­ture, your his­tory and the great ac­com­plish­ments of the Chi­nese peo­ple.”

EDC’s In­ter­na­tional Busi­ness De­vel­op­ment Spe­cial­ist Is­abelle Wang — a na­tive of Fu­jian, China — trans­lated each speak­ers’ re­marks in Man­darin and also gave an over­view of the cor­po­ra­tion’s tools and strate­gies to help con­nect lo­cal busi­nesses with op­por­tu­ni­ties.

More and more, Wang said Chi­nese del­e­ga­tions are look­ing to Prince Ge­orge’s County to ex­pand their in­ter­na­tional foot­print which fits in with the county’s mis­sion of be­com­ing the gate­way to the U.S. Qing­hai is ex­plor­ing in­ter­na­tional mar­kets and look­ing for fu­ture co­op­er­a­tion be­tween Chi­nese and U.S. gov­ern­ments. Learn­ing about the county will pro­vide great op­por­tu­ni­ties to in­tro­duce Chi­nese busi­nesses to the Amer­i­can mar­ket and pro­mote eco­nomic ac­tiv­ity, Wang said in the press re­lease.

“[We hope that] when they go back to China, they will talk about us — talk about our ben­e­fits to the lo­cal busi­nesses in China and in­vite more del­e­ga­tions [to come here] to us,” Wang said.

Last year, Baker led a 22-mem­ber trade mis­sion to China which in­cluded 13 busi­ness own­ers, many of whom brought back suc­cess­ful busi­ness part­ner­ships. In ad­di­tion to help­ing the county be­come a gate­way, Baker launched a global mar­ket­ing ini­tia­tive en­ti­tled, “Prince Ge­orge’s In­ter­na­tional!,” to show­case the county as an in­ter­na­tional in­vest­ment des­ti­na­tion and the cen­ter of in­ter­na­tional com­merce, ac­cord­ing to the press re­lease.

“We are very ap­pre­cia­tive of the Prince Ge­orge’s Eco­nomic De­vel­op­ment Cor­po­ra­tion for host­ing this meet­ing. It has been re­ally suc­cess­ful,” said Vice Mayor Wang Jian­feng, the Peo­ple’s Gov­ern­ment of Xin­ing City, Qing­hai Prov­ince. “The main pur­pose of the del­e­ga­tion’s visit was to learn from a pub­lic ad­min­is­tra­tion per­spec- tive. What we will share from to­day’s ex­pe­ri­ence, through our Cham­ber of Com­merce, is your fo­cused sup­port for smal­land medium-sized busi­nesses and the ser­vices and en­vi­ron­ment you are cre­at­ing for the lo­cal econ­omy. This is a great be­gin­ning. We will have fur­ther co­op­er­a­tion with each other by bring­ing new clients to your in­ter­na­tional busi­ness cen­ter, and also have your busi­nesses come to Qing­hai.”

Over the next four months, the EDC will host mu­tual in­ter­na­tional brief­ings with the em­bassies of South Africa, Canada, Nige­ria, China and Mex­ico. The brief­ings will fo­cus on grow­ing rev­enue through in­ter­na­tional trade, gain­ing mar­ket leads on lu­cra­tive busi­ness op­por­tu­ni­ties and con­nect­ing with in­ter­na­tional trade re­sources through the Mary­land Depart­ment of Com­merce and the U.S. Depart­ment of Com­merce.

STAFF PHO­TOS BY JOHNATHON CLINKSCALES

Prince Ge­orge’s County As­sis­tant Deputy Chief Ad­min­is­tra­tive Of­fi­cer for Eco­nomic De­vel­op­ment and Pub­lic In­fra­struc­ture David Ian­nucci briefs a 24-mem­ber del­e­ga­tion from the Qing­hai Prov­ince of China on how im­por­tant in­ter­na­tional trade mis­sions are...

EDC’s In­ter­na­tional Busi­ness De­vel­op­ment Spe­cial­ist Is­abelle Wang, a na­tive of Fu­jian, China, trans­lated each speak­ers’ re­marks in Man­darin and also gave an over­view of the cor­po­ra­tion’s tools and strate­gies to help con­nect lo­cal busi­nesses with...

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