China Archive

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Governor, Speaker Join Bay Area Council to Reopen State’s Trade Offices

Sometimes quiet persistence pays off.  Capping months of work – and proving you can indeed get important things done in a transparent fashion in the Legislature – today the Bay Area Council delivered for our members and our state when Governor Jerry Brown and Assembly Speaker John Perez joined our All Members meeting to sign legislation allowing the Bay Area Council to help reopen California’s shuttered foreign trade offices.

View a video of the bill-signing ceremony.

See photos of the bill signing.

At the end of August, the California Senate, by a strong bipartisan vote of 31 to 3, and the California Assembly, by a vote of 74 to 5, approved Assembly Bill 2012.  The bill carried (with our appreciation!) by Speaker John Perez was crafted by the Bay Area Council, Governor Brown’s administration and the Speaker to modernize the Governor’s Office of Business and Economic Development (GO-Biz) and clears the way for the Bay Area Council to operate California’s foreign trade offices in China.   The suddenly well-staffed and relatively well-funded GO-Biz will work on permit streamlining, economic development, small business assistance, encouraging innovation and international trade.  In addition, two friends of the Bay Area Council were appointed to lead Go-Biz, with Kish Rajan of Walnut Creek as the new GO-Biz Director, and Paul Oliva of San Francisco as Deputy Director of International Affairs and Business Development.

This year, our Executive Committee picked expanding trade between China and California as one of our “Lead” priorities, as well as improving the business climate.  AB 2012 is a key step in that process for both priorities.  California’s foreign trade offices were closed in 2003 amidst budget shortfalls.  Access to China’s rapidly growing markets is vital to California’s economic success.  China not only is the world’s second largest economy, but also its fastest growing economy, with an average growth rate of 10 percent over the last 30 years.  For California, a state that leads in foreign exports among its U.S. peers, China is a critical player, coming in as the state’s third largest export market behind only Mexico and Canada.

The Bay Area Council will work with other regional and statewide business-backed nonprofit organizations to identify companies interested in selling to Chinese markets, or finding Chinese companies or investors to come to California.  This consortium of non-profits will help implement, measure and manage the overall China-California program.

Our lack of foreign trade offices left us as only U.S. state without a broad-based international trade and investment program.  This wrong will now soon be righted.  While there will be much more to talk about on this issue in the months ahead, the Bay Area Council is very excited to roll out its non-profit, public-private partnership with the State of California to grow trade and business partnerships between California and Chinese companies.  Our thanks to Senior Jobs Advisor Mike Rossi, the Governor and their staff of Alexis Podesta, Panorea Avdis and Brook Taylor.

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Gov. Jon Huntsman Jr. Headlines Bay Area Council U.S.-China Collaboration Symposium on Smart Cities

Some of the world’s leading companies and foremost experts in designing and building the “smart cities’ of the future will be gathering for the Bay Area Council’s inaugural U.S.-China Collaboration Symposium on September 28 hosted by Marvell Technology in Santa Clara and featuring Governor and former U.S. Ambassador to China Jon Huntsman Jr. The all-day symposium will bring together industry leaders in infrastructure, technology, energy, healthcare, urban planning, and sustainable development along with top government officials from the U.S. and China to discuss the need and tremendous opportunities for building smart cities. Among the companies participating in panel discussions throughout the day are the Energy Foundation, GE, Seimens One, Chevron Energy Solutions, VMware, HP, Cisco, HSBC and AECOM. Joining them are government leaders from the Bay Area, including Oakland Mayor Jean Quan, Palo Alto Mayor Yiaway Yeh and Santa Clara Mayor Jamie Matthews, along with top officials from some of China’s premier high-tech regions. Tickets and sponsorship opportunities are still available.

See the full program of speakers.

See sponsorship and ticket opportunities.

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High-Level Chinese Banking Delegation Visits

The Bay Area Council on Wednesday hosted a high-level business delegation from China, providing our members a unique opportunity to meet with top decision makers from China’s banking and financial services sector. The meeting came as China explores new direct foreign investment opportunities in California and the U.S. and makes regulatory changes consistent with its emerging presence in foreign markets. Bay Area Council member Visa organized the delegation visit along with Meridian International Center and sponsored Tuesday’s lunch meeting. Bay Area Council members included Wells Fargo, Silicon Valley Bank, Bank of the West, HSBC, KPMG, Deloitte, Heller Manus Architects, Cooper, White, Cooper LLP, PricewaterhouseCoopers, Alston & Bird LLP and Burr, Pilger & Mayer LLP. During their visit, delegation members also participated in an executive management training program provided by Visa at Stanford University. The meeting was one of many the Bay Area Council has hosted and organized this year with Chinese and other foreign delegations to provide our members with new trade and investment opportunities and promote California trade, one of our lead policy priorities. To participate in our global initiatives, contact Del Christensen.