Asia Trade Mission by M3C

Asia Trade Mission by M3C | Oct. 15 – Nov. 20

Asia Trade Mission 2020 by M3C aims to propel US companies to succeed in the Phase I US-China Trade Deal in which China agreed to expand purchases of certain US goods and services by a combined $200 billion over 2020 and 2021 from 2017 levels. Join us to promote the US exports and witness as the deal gets implemented.

China Trade Mission

M3C Smart China Expo – August 23 – 25

We continue to exhibit (online) at the Smart China Expo, where some 500,000 people come to explore what smart technologies can do to improve people’s livelihood. Join us to showcase our latest and the greatest innovations.

The Fourth Industrial Revolution or Industry 4.0, is the ongoing transformation of traditional manufacturing and industrial practises combined with the latest smart technology. This primarily focuses on the use of large-scale machine to machine communication (M2M) and Internet of Things (IoT) deployments to provide increased automation, improved communication and self-monitoring, as well as smart machines that can analyze and diagnose issues without the need for human intervention.

Reports have shown that in the US alone:

  • Revenue in the Smart Home market is projected to reach US$24,972m in 2020.
  • Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 16.9%, resulting in a projected market volume of US$46,648m by 2024.
  • Household penetration will be 18.5% in 2020 and is expected to hit 52.4% by 2024.
  • The average revenue per installed Smart Home currently is expected to amount to US$90.56.
Asia, particularly China, remains a robust market and engine for sustainable & smart technologies. Each year in Chongqing, Smart China Expo draws over 500,000 visitors where businesses from all over the world come to showcase their products and services in this sector.
Chongqing Mayor Tang Liangzhi (2nd from right) met with Cincinnati delegation at the Smart China Expo in 2019.

Chongqing Mayor Tang Liangzhi (2nd from right) met with Cincinnati delegation at the Smart China Expo in 2019.

NKY International Festival

You are cordially invited to attend the Opening Ceremonies celebration at the inaugural NKY International Festival. Join us to experience the sights, sounds and tastes of the international communities that call Northern Kentucky home.

WHEN

Saturday, March 14 at 10:00 a.m.

Please arrive by 9:45 a.m. Opening Ceremonies will conclude at 10:30 a.m. with a Parade of Nations led by Boone County Schools students.

WHERE

Northern Kentucky Convention Center, 1 W Rivercenter Blvd, Covington, KY 41011

RSVP

Debby Shipp at dshipp@nkychamber.com
RSVP should include your name, title, organization you represent and contact information. For more information about the festival, send questions to Debby Shipp or call (859) 835-6003.

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!