VALLEY, CHINESE CITY COOPERATE ON BUSINESS.Byline: Evan Pondel Staff Writer VAN NUYS - Improving trade relations with China remains a priority for businesses throughout the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. , as manufacturing abroad keeps costs down domestically, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. local business leaders. That was the theme Thursday as government officials from Anqing, China, met with the Economic Alliance of the San Fernando Valley in Van Nuys to establish official trade relations. Valley businesses will now have favored-status treatment for trade with Anqing, a southwestern China port city with a population of about 6 million. ``This proclamation will allow our companies here that want to expand to do business in China,'' said Bruce Ackerman Bruce Arnold Ackerman (born August 19, 1943) is a famous constitutional law scholar in the United States. He is a Sterling Professor at Yale Law School and one of the most frequently cited legal academics in the country. Biography Ackerman received his B. , president and chief executive officer of the alliance. ``We welcome Anqing's business, and they welcome ours. There are incentives for both of us.'' Ackerman greeted Zhao Xiao He, deputy mayor of Anqing, and traded business cards with a bow. Zhao was accompanied by several other Anqing business owners, including at least two who manufacture auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
``California is an important trading partner for us, and we welcome businesses as friends and partners,'' Zhao said through a translator. ``The purpose of our trip here is to find businesses to work with. And if those businesses come to Anqing we will help them.'' Without incentive packages, many Valley companies already do business in China because of the cheaper manufacturing costs. ``We'd love to keep the business in the U.S., but China is the future, much to the chagrin of manufacturers here,'' said Bob Solomon, chairman and chief executive officer of plush-toys wholesaler Applause in Woodland Hills. ``The country can fill the entire needs of a company like mine.'' Solomon just returned from a trip to Shanghai, a city that was opened to foreign trade in 1842. With a population of about 8.2 million, Shanghai has prospered from trade pacts A trade pact is a wide ranging tax, tariff and trade pact that often includes investment guarantees. Trade pacts are frequently politically contentious since they may change economic customs and deepen interdependence with trade partners. with France, the United Kingdom and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Solomon said Anqing has been a little more aggressive in its campaign to fetch Valley businesses than, for example, cities in Ohio In the U.S. state of Ohio, a city is defined thusly by section 703.01(A) of the Ohio Revised Code: Municipal corporations, which, at the last federal census, had a population of five thousand or more, or five thousand registered resident electors or resident voters as. The Chinese in Anqing have set up a Web site that specifically targets foreign businesses. ``We are very happy, via the Internet, to establish new economic and trade contacts with new and old friends,'' the Web site reads. Anqing officials even sought out Calabasas about two years ago and dubbed dub 1 tr.v. dubbed, dub·bing, dubs 1. To tap lightly on the shoulder by way of conferring knighthood. 2. To honor with a new title or description. 3. the area its sister city. Though Calabasas, with about 27,000 residents is hardly comparable in population, Deborah Steller, a spokeswoman for the city, said there is a cultural exchange with Anqing. ``They approached our city, and we thought it would be a good opportunity,'' she said. ``Viewpoint (a private school in Calabasas) even teaches Chinese.'' Steller and several other city officials met with the Anqing deputy mayor Thursday before he visited with the Economic Alliance. But Anqing officials want business partners in Calabasas, just as much as U.S. business leaders want strong ties with China. Business at the ports of Los Angeles/Long Beach has grown more rapidly than at ports in the rest of country, and local seaports This is a list of the world's seaports: Atlantic Ocean
Solomon said his business in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. continues to grow, and he doesn't foresee the region, especially China, losing steam in the years to come. `It's like watching a movie in fast forward over there. The growth is just head-spinning,'' he said. Evan Pondel, (818) 713-3662 evan.pondel(at)dailynews.com CAPTION(S): photo Photo: (color) Bruce Ackerman, left, president of the Economic Alliance of the San Fernando Valley, receives a proclamation Thursday from Zhao Xiao He, deputy mayor of Anqing, China. John Lazar/Staff Photographer |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion