July Newsletter 商会简报

Building on our Successful Trade Mission

What we were able to accomplish in our 2018 China Trade Mission were incredible. In as little as 17 days, the Chinese Chamber trade delegation visited 11 cities with 145 million population in total and 2.65 trillion USD in GDP. We came back with two signed agreement to build friendship cities relationship between Cincinnati and Chongqing, and West Chester and Jiaozhou. Subsequently, the Mayor of Chongqing, Mr. Tang Liangzhi, came to visit Cincinnati on May 24, 2019. Mayor Cranley received the delegation in his office and received a letter of invitation from Mr. Tang to attend the Smart China Expo, held in Chongqing from August 26 to 29.

The Chinese Chamber once again took on the responsibility to organize Midwestern businesses to go exhibit at the Smart China Expo. While the Expo itself is little known to many, it is a very high level expo co-organize by the top state-level ministries in China, such as the Ministry of Science & Technology, the Ministry of Industries and Information Technologies and the State Academy of Science, etc. It aims to promote trade and technological advancements in emerging industries such as big data, smart cities, artificial intelligence, smart grid, smart homes, smart driving, as well as more conventional industries such as precision and advanced manufacturing and materials. Applications of such technological advancements can be used for consumer and industrial segments and are considered in high demand for the China market in the years to come.

Midwestern businesses in the US can benefit from exhibiting at this expo and engaging in dialogues with business partners and professionals attending the expo. The Chinese Chamber has secured a booth designated to the Midwestern Regional with 1500 square feet at the Expo.

Give us a shout if you are interested in joining our delegation

We’re happy to announce that REDI Cincinnati has sponsored the expo once again and we welcome Midwestern businesses to contact us for opportunities to collaborate at this expo.


Artificial Intelligence in PA

The Chinese Chamber has done such a great job, we now have businesses from Wisconsin, Pennsylvania and several other Midwestern states joining the chamber. In a recent visit to Pittsburgh, Executive Director Leo Chan reached an agreement with the Pittsburgh team to launch a local chapter. This chapter will help the Chamber service Western PA area with more focused efforts as the region is booming with emerging industries especially in the artificial intelligence (AI) sector.

We have invited speakers from the University of Pittsburgh, Carnegie Mellon University, Uber AI, Labs and Argo AI, all are leading players in the automated driving and artificial intelligence business. There will be a lunch and learn to celebrate the local chapter launch and these speakers will share views on the industry latest development trends.

Stay tuned for more information soon!

China Trade Mission: Import Expo – Nov. 2018, Shanghai

A delegation from Greater Cincinnati area attended the 2018 China Import Expo in Shanghai November 5-10 and performed a very successful tour of midwestern or mid central Chinese cities and metropolitans for trade shows and expos, symposiums and seminars, and 1-on-1 business matching events.

  • Venue: National Exhibition and Convention Center (Shanghai)
  • Hosts: Ministry of Commerce of the People’s Republic of China
  • Shanghai Municipal People’s Government
  • Supporters:
    The World Trade Organization
    United Nations Conference on Trade and Development
    United Nations Industrial Development Organization

In May 2017, Chinese President Xi Jinping announced at the Belt and Road Forum for International Cooperation that China will hold China International Import Expo (CIIE) starting from 2018.

It is a significant move for the Chinese government to hold CIIE to give firm support to trade liberalization and economic globalization and actively open the Chinese market to the world. It facilitates countries and regions all over the world to strengthen economic cooperation and trade, and to promote global trade and world economic growth in order to make the world economy more open.

The Chinese government sincerely welcomes government officials, business communities, exhibitors and professional purchasers across the world to participate in CIIE and to explore the Chinese market. We would like to work with all countries, regions and international organizations to make CIIE a world-class Expo, providing new channels for countries and regions to do business, strengthen cooperation and promote common prosperity of the world economy and trade.

GCCCC has reserved a booth at CIIE to showcase products and services from Norther Kentucky, Greater Cincinnati and Greater Dayton region.

Covers Tier 1 cities:

  • Beijing (22MM pop, 2.8TrCNY GDP)
  • Qingdao (10MM pop, 1TrCNY GDP)
  • Shanghai (24MM pop, 3TrCNY GDP)
  • Chongqing (30MM pop, 1.8TrCNY GDP)
  • Guangzhou (11MM pop, 2.15TrCNY GDP)
  • Shenzhen (10MM pop, 2.2TrCNY GDP)
  • Hong Kong (8MM pop, 2TrCNY GDP)

See Map Route below:

For a full presentation of the trade mission details, meetings and outcome and impact on the local regional economy, please send your inquiry to info@china-midwest.com or call 513.501.3087.

China relaxes e-commerce investor rules for foreigners

BEIJING, June 19 (Xinhua) — China has decided to give foreign investors greater freedom in the booming e-commerce industry by allowing them to fully own e-commerce companies in the country, the Ministry of Industry and Information Technology (MIIT) announced Friday.

The MIIT said in a brief statement that it would open up the online data processing and transaction processing businesses to foreign investors.

The new policy will enable more foreign companies to compete with local firms, thereby driving the sector to higher standards, the MIIT said.

The move is an expansion of a pilot scheme launched in January in the Shanghai Free Trade Zone.

Currently, China’s lucrative e-commerce business is dominated by big homegrown firms. The e-commerce market hit 13.4 trillion yuan (2.2 trillion U.S. dollars) in 2014, and China is aiming to almost double the value of the sector in two years.

 

From Xinhua Net

GRANT OPPORTUNITY

Description: The Public Affairs Section (PAS) of the U.S. Embassy in Beijing, China is pleased to announce an open competition for assistance awards through this Request for Applications (RFA). PAS invites U.S. post-secondary accredited institutions of higher learning (Public, Private, and State) and not-for-profit organizations subject to 501 (c) (3) of the tax code to submit proposals for the establishment of an American Cultural Center (ACC) through an existing partnership with a Chinese institution and/or comprehensive U.S. cultural-related programming at space provided by a Chinese partner institution as needed. PAS will award three grants up to US$100,000 per grant.

Agency Name: U.S. Mission to China

More to read: http://www.grants.gov/web/grants/view-opportunity.html?oppId=277320

Water sources fail to make grade

Nearly two-thirds of China’s underground water, and a third of its surface water, were last year rated as unsuitable for direct human contact, the environment ministry said yesterday.

China is waging a “war on pollution” to reverse some of the environmental damage done by more than three decades of breakneck growth, but one of its biggest and costliest challenges is tackling contaminated water supplies, the ministry said.

China classifies its water supplies into six grades, and just 3 percent of the 968 sites monitored last year by the Ministry of Environmental Protection met the highest standard.

In an annual environmental bulletin, it said that 63 percent of the monitored sites ranked grade III or above, making them fit for human use.

The rest were either completely unusable, or suitable only for use in industry or irrigation.

In 2013, the ministry ranked 72 percent of surface water grade III or above, but it is not clear if the figures are comparable.

Last year’s report suggests China’s underground water quality is worsening, with the ministry classifying 61.5 percent of the 4,896 underground sites it monitored as either “relatively poor” or “very poor.”

The corresponding figure for 2013 was almost 60 percent, based on samples from 4,778 sites.

In April, China promised to raise the proportion of good quality water (rated grade III or above) to more than 70 percent in its seven major river basins, and to more than 93 percent in its urban drinking supplies, by 2020.

It promised to ban water-polluting plants in industries such as oil refining and paper production by the end of 2016, it said.

From Shanghai Daily.