Navigation Links
Utah Deepens Bonds With Top Trade Partner
Date:9/13/2013

Salt Lake City, UT (PRWEB) September 13, 2013

Utah’s trade mission to China led by the Governor’s Office of Economic Development (GOED) had a successful opening on Monday, with multiple presentations, press conferences and business matchmaking meetings in Chengdu, a city located in southwest China with a population of over 14 million. As the trade mission continues throughout this week trade bonds between Utah and China will be strengthened.

The trade mission began with an informative briefing by Consul General Peter Haymond, and Benjamin Wang, Chairman of the American Chamber of Commerce in Southwest China. Their presentations centered on China’s current economic and political conditions, industry trends, and best practices. Highlighted were two U.S. companies who have already been conducting business in the area for some time and have seen significant growth in the Chengdu market.

Business matchmaking meetings are a key part of this trade mission, where participating Utah companies discuss business opportunities with potential Chinese partners. Matchmaking meetings help Utah companies’ grow their business in foreign countries, which in turn helps create jobs in Utah as companies export more products or services.

“In Chengdu, each of my meetings were very productive,” said David Utrilla, President and Chief Executive, U.S. Translation Company. “My goal for this trade mission was to explore doing business in China, and I am pleased that these companies are interested in establishing a formal working relationship and that this took such a short time to accomplish.”

Representatives from GOED held a tourism press conference and a foreign direct investment presentation on Monday as well to eager Chinese participants. International investment by Chinese firms is expected to increase dramatically over the next decade. The foreign investment seminar objective was to highlight some current projects and make sure Utah is included in the site selection process as Chinese companies look for opportunities in the U.S.

“Over 30 potential investors attended the foreign direct investment presentation, many of which expressed positive feedback and genuine interest in Utah,” said Brett Heimburger, Asia-Pacific Director, GOED. “Several investors in attendance have recently traveled to Utah to perform due diligence in various investment projects, and I am confident we will see an increase in foreign direct investment in the near future.”

Attendees of the tourism press conference were mesmerized by Utah’s natural landscapes, ease of access to Utah’s recreations areas and the number of national and state parks Utah has to offer.

“I had no idea Utah has such beautiful scenery, I’m very eager to see it with my own eyes,” said General Secretary of Sichuan Chamber of Foreign Oriented Small and Medium Enterprises.

The day culminated with a well-attended reception at which over 175 professionals from business, government, and education communities networked. Present from Utah were State Senators Bramble, Knudson, and Valentine who represented the Utah legislature in meetings with Chinese government officials. Provo Mayor John Curtis was also in attendance and was warmly received as he wowed the attendees by addressing them in Mandarin Chinese.

Utah has one of the largest Mandarin Chinese immersion programs in the country, and many Chinese business leaders were pleased to learn that so many Utahns are learning Mandarin. This development is an indication that Utah not only leads the nation in economic development and job creation, but also is a friendly and welcoming state for international business.

---

About the Utah Governor’s Office of Economic Development (GOED)
Web: http://www.business.utah.gov

The Governor’s Office of Economic Development (GOED) charter is based on Governor Gary Herbert’s commitment to economic development statewide. Utah’s economic development vision is that Utah will lead the nation as the best performing economy and be recognized as a premier global business destination. The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state. GOED accomplishes this mission through the administration of programs that are based around targeted industries or “economic clusters” that demonstrate the best potential for development. GOED utilizes state resources and private sector contracts to fulfill its mission. For more information please contact: Michael Sullivan, 801-538-8811 or mgsullivan(AT)utah(DOT)gov.

Contact:
Michael Sullivan, GOED Communications Director
801-538-8811
mgsullivan(AT)utah(DOT)gov

Read the full story at http://www.prweb.com/releases/2013/9/prweb11122248.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Trustworthy mating advice deepens bond between straight women and gay men
2. Edifecs Deepens Healthcare Expertise and Strengthens Leadership Team
3. Mileageads.com Ad Network Now Invites Companies in Stocks and Bonds Services Sector to Advertise on Their Ad Network
4. International conference to explore health of descendants of transatlantic slave trade
5. People Who Lived Near World Trade Center Report More Lung Disease
6. B2B e Trader is Addressing the Critical Needs of Local Businesses by Lauching the New Shop Small Business Directory
7. QTrade's New Facility Anticipates Dramatic Growth of Tea Industry
8. Garden Media's PR Tips to Use for the 2013 Trade Show Season
9. World Trade Center rescue, recovery workers have had increased incidence of certain types of cancer
10. iTrade Capital Markets/ICM Trading is Now Offering Opportunity to Open a No-Cost Practice Trading Account
11. iTrade Capital Markets, ICM Trading Offers Investors an Opportunity to Become a Partner With iTrade Capital Markets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/13/2016)... ... , ... In the early or “honeymoon” stage of a relationship, couples strive ... their way to be romantic, and may exaggerate a strength or two in an ... profile. , A recent study from Queendom.com , however, suggests that new ...
(Date:2/12/2016)... ... February 12, 2016 , ... The law firm of ... Evangeline Parishes. The purpose of these scholarships is to encourage applicants to pursue ... to seek employment within these two parishes. , “We have available jobs in ...
(Date:2/12/2016)... ... February 12, 2016 , ... Fixed Dose Combination Drug ... p.m. EST, http://www.fdanews.com/fixeddosecombination , Fixed dose combination products ... increased attention from all stakeholders in the development of new chemical entities. , ...
(Date:2/12/2016)... ... 2016 , ... T.E.N., a technology and information security executive ... Awards 2016. Finalists and winners of the ISE® Awards for both Executive and ... Gala on March 15, 2016 at the Westin Peachtree Plaza, Atlanta. , ...
(Date:2/12/2016)... ... February 12, 2016 , ... Fisher House Foundation Chairman and ... J. Lee, Nevada Military Support Alliance president Scott Bensing, and Peggy Kearns Director, VA ... Southern Nevada Healthcare System. This will be the first Fisher House in Nevada, ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... , Feb. 11, 2016  Walgreens has committed to ... states and Washington, D.C. as part ... that was commended by shareholder advocacy organization As You Sow. ... You Sow. "Many people hold on to unneeded drugs because ... have tragic consequences." --> Conrad MacKerron , ...
(Date:2/11/2016)... , Feb. 11, 2016  NOIT™ Research LLC, a ... "Gift of Change" campaign to assist needy families in ... such unit sold between February 10, 2016 and March ... a needy family. The NOIT is an auditory stimulus ... individuals develop language skills. Beth Shier ...
(Date:2/11/2016)... and PORTLAND, Ore. , ... 340B optimization company, is pleased to announce the acquisition ... sole community and rural access hospitals. Along with providing ... of 340B consulting services to assist clients in navigating ... R. Love , CEO of Wellpartner. --> ...
Breaking Medicine Technology: