Committee co-Chairs: Mark Edmunds, Vice Chairman & Regional Managing Partner, Deloitte; Richard Kramlich, General Partner/Co-Founder, New Enterprise Associates; L. Leland “Skip” Whitney, Principal, GVA Kidder Matthews
Staff Lead: Kristen Durham, 415-946-8736
Priorities
Position the Bay Area and its companies as the gateway between China and the United States. Help China nurture a robust “innovation economy” and cleaner environmental future. Build a lasting conduit for sharing capital, ideas, innovation and resources between the Bay Area and Yangtze Delta regions.
Milestones
• Shui On Delegation visits Bay Area and establishes relationship with Bay Area Council – August 2006
• Signing of the MOU between the Bay Area Council & the Yangtze Council, uniting our two business communities around several projects – April 2007
• VIP Delegation from Yangpu District of Shanghai visits to learn about the foundations of an innovation economy – November 2007
• VIP delegation of Bay Area CEOs, academics and elected leaders visit Yangtze region to form the basis for agreements on behalf of Bay Area and Yangtze region companies and institutions in several areas, including green technology, information technology, biotech, digital arts, urban development and goods movement – December 2007
• Open a $200 million venture capital fund to invest in Yangtze and Bay Area region companies that can better unite the two regions - December 2007
• Yangtze Council delegation of top government and business leaders visit Bay Area to deepen relationship and study green technology advances – December 2007
• Chinese delegation of top lieutenants from Shui On visit Bay Area to learn how to refine a massive showcase development that Beijing leaders have nominated a model of the new innovation economy - February 2008
Areas of Concentration
• China Councils Fund: $200 million venture capital fund to further works of regional cooperation.
• Goods Movement; focus on: Trade enhancing home port investments; environmental concerns improved land transport and regional warehousing facilities;
• Regional Reinvestment: Assist China in its economic evolution
• Technology/Intellectual Property Protection
• Sustainable Urban Development
• Medical and Biotechnology
• Environmental Policy and Clean-technology
Participants: Over 25 participants in companies encompassing a wide and diverse range of Bay Area and Chinese–based industries and stakeholders |
