27 Jun 2013
China-U.S. Chamber of Commerce set up China office in Beijing On June 27th
In that morning, a grand Opening Ceremony and Delegation’s Summery Conference of in-China Investment was held in Beijing Liangmahe Hotel. The president of China-U.S. Chamber of Commerce Wynn Wang attended and gave a speech. Leaders of the institutions such as Overseas Chinese Affairs Office of the State Council, Ministry of Commerce, All-China Federation of Industry and Commerce and the counselor of the Chinese Embassy inw the United States conveyed congratulations. Besides, journalists and guests from cooperative units also attended.
It is the common expectation of all the Chamber members to set up the China Office, President Wang said, and he was bullish on the prospects of China and kept looking for proper Chinese investment projects, even though the faith of American investors have not been rebuilt completely since destroyed by the financial crisis in 2008. He said, compared to the financial system in the U.S., the Chinese one is basically healthy and steady though it was hit by the financial crisis too. It is extremely attractive to American investors that Chinese economy keeps growing regardless the financial crisis, in contrast, the other countries suffered in great economic depressions. Therefore, President Wang held strong faith in Chinese economy and believe that the China Office will provide a platform for both American and Chinese companies to cooperate and developed.
China-U.S. Chamber of Commerce is a nonprofit organization proved by American government and one of the most representative international chambers. There are more than 2.7 thousand members in total, and the gross asset is up to 500 billion dollars. The essence of the China-U.S. Chamber of Commerce is to bridge the gap between China and the U.S. President Wang is a well-known Chinese businessman who devotes himself into motivating business cooperation and communication of the enterprises of the two countries. In May 2013, delegation of China-U.S. Chamber of Commerce went to China for business tour. Investment contracts that value more than $20 billion were signed in Beijing, Tianjin, Hebei, Jiangsu, Jiangxi, Hubei, etc. Fields like real estates, finance, education, construction, technology, steel trade are involved in these investment projects.
Translated by Luhan Tang