{"id":2140,"date":"2019-06-14T01:02:12","date_gmt":"2019-06-13T18:02:12","guid":{"rendered":"https:\/\/capitalcambodia.com\/?p=2140"},"modified":"2019-06-14T06:42:52","modified_gmt":"2019-06-13T23:42:52","slug":"china-california-business-forum-strengthens-cross-pacific-business-ties","status":"publish","type":"post","link":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/","title":{"rendered":"China-California Business Forum strengthens cross-Pacific business ties"},"content":{"rendered":"

Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.<\/p>\n

American attendees mingled with senior Chinese investment delegates, getting the inside scoop from experts on the trends and opportunities in cross-border business.<\/p>\n

The forum is an important opportunity for American start-up companies to engage with their Chinese counterparts on a \u201clevel playing field,\u201d Michael Swords, vice president of government relations for the Los Angeles Clean-Tech Incubator, said.<\/p>\n

\u201cCALIFORNIA IS NUMBER ONE\u201d<\/strong><\/p>\n

Through breakout panels and convention-style displays, attendees were connected with valuable strategic and business resources designed to help American business owners implement their future \u2018go-to-market\u2019 strategy for China.<\/p>\n

Keynotes were given by a number of prominent government officials, including California\u2019s Lieutenant Governor Eleni Kounalakis and Minister Zhu Hong from Chinese Embassy in the United States.<\/p>\n

Kounalakis set the stage for recognizing the importance of the China-California relationship by reminding attendees that California has the fifth largest economy in the world and is the economic driver for the entire U.S. economy, outperforming the rest of the country in many sectors.<\/p>\n

\u201cCalifornia is number one in manufacturing and controls 11.4 percent of the nation\u2019s manufacturing output,\u201d she said. \u201cAnd we are number one in agriculture as well.\u201d<\/p>\n

\u201cAnd every day, 1 billion U.S. dollars worth of goods flow through the Ports of LA and Long Beach alone — the largest port complex in the country. 30 percent of U.S. exports and 40 percent of imports come through California ports,\u201d she said.<\/p>\n

Trade is a key economic engine for the United States, reported the Washington D.C.-based trade research and consulting firm Trade Partnership Worldwide. The company said 20 percent of the California workforce is supported by foreign trade, while an estimated 36 million jobs, or one in five jobs in the United States — are linked to exports and imports in some way.<\/p>\n

HOPES AMID DISPUTES<\/strong><\/p>\n

Zhu, with a wry sense of humor, said he was delighted to visit \u201ccool\u201d California to escape the \u201cextremely hot\u201d atmosphere of Washington, D.C.<\/p>\n

Acknowledging California as the \u201cgateway to the Pacific Ocean and the window to China as well as the Asia-Pacific region,\u201d he pointed out that over 60 percent of the containers from the Ports of LA and Long Beach are connected to trade with China.<\/p>\n

In recognition of the immense importance of the China-California relationship, China\u2019s Ministry of Commerce and the State of California established in 2013 the Joint Working Group of Trade and Investment Cooperation between Chinese provinces and the U.S. Golden State, the first one of its kind between the two countries.<\/p>\n

Kounalakis disclosed that while U.S. trade policy is mandated on the federal level, \u201cCalifornia\u2019s new governor, Gavin Newsom, has made it a priority to engage in the world around us and amplify the voice of our state on the world stage.\u201d<\/p>\n

\u201cCalifornia will continue to work to develop relationships and programs to promote trade and investment with China,\u201d she promised, pointing out that China invested more in California than it did in any other state.<\/p>\n

As a former U.S. ambassador, she acknowledged that a substantial part of international diplomacy is about \u201ckeeping open lines of communication and investing time and effort into relationship building.\u201d<\/p>\n

Acknowledging that differences exist, Zhu said the escalation of trade tensions have raised doubts and concerns about the future China-U.S. economic and trade relations.<\/p>\n

He lamented that the U.S. side has \u201crepeatedly broken the consensus, persisted with exorbitant demands, and kept ignoring China\u2019s concerns.\u201d<\/p>\n

But he assured assembled business leaders that however severe the situation becomes, China will not close its door. Instead, China would work harder to ensure the implementation of related opening-up policies as well as a series of important reforms.<\/p>\n

\u201cWhether China and the United States can reach a trade agreement or not, China will continue to open up to the outside world following its own needs and at its own set pace,\u201d he said.<\/p>\n

Calling California \u201cthe innovation capital of the world,\u201d the minister encouraged local leaders of science and technology to \u201cuse their own judgement on the importance of strengthening scientific and technological cooperation and protecting the integrity of the supply chain.\u201d<\/p>\n

The lieutenant governor closed her keynote with the hope that \u201cour guests return home with new partners, friends and ideas to expand and develop a relationship between China and California.\u201d<\/p>\n

The minister shared her optimism. \u201cIn a highly interconnected world, China and the United States are riding in the same boat. Our economies are highly integrated, our interest, closely interwoven, our future, deeply connected. In this regard, cooperation is the only right choice for both sides.\u201d (Xinhua<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"

Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.<\/p>\n","protected":false},"author":3,"featured_media":2158,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"Vector image of Trade War between US and China illustrated by hands, shopping carts and flags represent the countries Dreamstime","_FSMCFIC_featured_image_nocaption":null,"_FSMCFIC_featured_image_hide":null,"footnotes":""},"categories":[3],"tags":[70,488,489,490],"yoast_head":"\nChina-California Business Forum strengthens cross-Pacific business ties - CapitalCambodia<\/title>\n<meta name=\"description\" content=\"Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China-California Business Forum strengthens cross-Pacific business ties - CapitalCambodia\" \/>\n<meta property=\"og:description\" content=\"Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\" \/>\n<meta property=\"og:site_name\" content=\"CapitalCambodia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/capitalcambodia\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-13T18:02:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-13T23:42:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capitalcambodia.com\/wp-content\/uploads\/2019\/06\/Page-13-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"885\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ayman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CapitalCambodia\" \/>\n<meta name=\"twitter:site\" content=\"@CapitalCambodia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ayman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\"},\"author\":{\"name\":\"Ayman\",\"@id\":\"https:\/\/capitalcambodia.com\/#\/schema\/person\/c642b689e2b2bbdc3cebc0ad1728bc26\"},\"headline\":\"China-California Business Forum strengthens cross-Pacific business ties\",\"datePublished\":\"2019-06-13T18:02:12+00:00\",\"dateModified\":\"2019-06-13T23:42:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\"},\"wordCount\":803,\"publisher\":{\"@id\":\"https:\/\/capitalcambodia.com\/#organization\"},\"keywords\":[\"China\",\"China-California Business Forum\",\"Millennium Biltmore Los Angeles hotel\",\"U.S.\"],\"articleSection\":[\"Growth\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\",\"url\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\",\"name\":\"China-California Business Forum strengthens cross-Pacific business ties - CapitalCambodia\",\"isPartOf\":{\"@id\":\"https:\/\/capitalcambodia.com\/#website\"},\"datePublished\":\"2019-06-13T18:02:12+00:00\",\"dateModified\":\"2019-06-13T23:42:52+00:00\",\"description\":\"Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.\",\"breadcrumb\":{\"@id\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/capitalcambodia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China-California Business Forum strengthens cross-Pacific business ties\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/capitalcambodia.com\/#website\",\"url\":\"https:\/\/capitalcambodia.com\/\",\"name\":\"CapitalCambodia\",\"description\":\"business and economy weekly\",\"publisher\":{\"@id\":\"https:\/\/capitalcambodia.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/capitalcambodia.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/capitalcambodia.com\/#organization\",\"name\":\"Capital Cambodia\",\"url\":\"https:\/\/capitalcambodia.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/capitalcambodia.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/capitalcambodia.com\/wp-content\/uploads\/2019\/01\/Logo2-1.png\",\"contentUrl\":\"https:\/\/capitalcambodia.com\/wp-content\/uploads\/2019\/01\/Logo2-1.png\",\"width\":800,\"height\":128,\"caption\":\"Capital Cambodia\"},\"image\":{\"@id\":\"https:\/\/capitalcambodia.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/capitalcambodia\/\",\"https:\/\/twitter.com\/CapitalCambodia\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/capitalcambodia.com\/#\/schema\/person\/c642b689e2b2bbdc3cebc0ad1728bc26\",\"name\":\"Ayman\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"China-California Business Forum strengthens cross-Pacific business ties - CapitalCambodia","description":"Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/","og_locale":"en_US","og_type":"article","og_title":"China-California Business Forum strengthens cross-Pacific business ties - CapitalCambodia","og_description":"Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.","og_url":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/","og_site_name":"CapitalCambodia","article_publisher":"https:\/\/www.facebook.com\/capitalcambodia\/","article_published_time":"2019-06-13T18:02:12+00:00","article_modified_time":"2019-06-13T23:42:52+00:00","og_image":[{"width":885,"height":500,"url":"https:\/\/capitalcambodia.com\/wp-content\/uploads\/2019\/06\/Page-13-2.jpg","type":"image\/jpeg"}],"author":"Ayman","twitter_card":"summary_large_image","twitter_creator":"@CapitalCambodia","twitter_site":"@CapitalCambodia","twitter_misc":{"Written by":"Ayman","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/#article","isPartOf":{"@id":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/"},"author":{"name":"Ayman","@id":"https:\/\/capitalcambodia.com\/#\/schema\/person\/c642b689e2b2bbdc3cebc0ad1728bc26"},"headline":"China-California Business Forum strengthens cross-Pacific business ties","datePublished":"2019-06-13T18:02:12+00:00","dateModified":"2019-06-13T23:42:52+00:00","mainEntityOfPage":{"@id":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/"},"wordCount":803,"publisher":{"@id":"https:\/\/capitalcambodia.com\/#organization"},"keywords":["China","China-California Business Forum","Millennium Biltmore Los Angeles hotel","U.S."],"articleSection":["Growth"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/","url":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/","name":"China-California Business Forum strengthens cross-Pacific business ties - CapitalCambodia","isPartOf":{"@id":"https:\/\/capitalcambodia.com\/#website"},"datePublished":"2019-06-13T18:02:12+00:00","dateModified":"2019-06-13T23:42:52+00:00","description":"Held in the historic Millennium Biltmore Los Angeles hotel, the 2019 China-California Business Forum featured a bustling crowd of U.S. business owners and government representatives, as well as a host of Chinese business delegates from eight provinces and municipalities.","breadcrumb":{"@id":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/capitalcambodia.com\/china-california-business-forum-strengthens-cross-pacific-business-ties\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/capitalcambodia.com\/"},{"@type":"ListItem","position":2,"name":"China-California Business Forum strengthens cross-Pacific business ties"}]},{"@type":"WebSite","@id":"https:\/\/capitalcambodia.com\/#website","url":"https:\/\/capitalcambodia.com\/","name":"CapitalCambodia","description":"business and economy weekly","publisher":{"@id":"https:\/\/capitalcambodia.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/capitalcambodia.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/capitalcambodia.com\/#organization","name":"Capital Cambodia","url":"https:\/\/capitalcambodia.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/capitalcambodia.com\/#\/schema\/logo\/image\/","url":"https:\/\/capitalcambodia.com\/wp-content\/uploads\/2019\/01\/Logo2-1.png","contentUrl":"https:\/\/capitalcambodia.com\/wp-content\/uploads\/2019\/01\/Logo2-1.png","width":800,"height":128,"caption":"Capital Cambodia"},"image":{"@id":"https:\/\/capitalcambodia.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/capitalcambodia\/","https:\/\/twitter.com\/CapitalCambodia"]},{"@type":"Person","@id":"https:\/\/capitalcambodia.com\/#\/schema\/person\/c642b689e2b2bbdc3cebc0ad1728bc26","name":"Ayman"}]}},"_links":{"self":[{"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/posts\/2140"}],"collection":[{"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/comments?post=2140"}],"version-history":[{"count":0,"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/posts\/2140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/media\/2158"}],"wp:attachment":[{"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/media?parent=2140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/categories?post=2140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capitalcambodia.com\/wp-json\/wp\/v2\/tags?post=2140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}