CGCC Signs MOUs with SFIC and Hainan IEDB  

To further strengthen business and trade exchanges and practical cooperation between enterprises from the United States and China, the China General Chamber of Commerce – USA (CGCC) recently signed strategic cooperation memorandums with the Shanghai Federation of Industry and Commerce (SFIC) and the Hainan Provincial Bureau of International Economic Development (Hainan IEDB).

Vice-Chair of CGCC Weiming SU (Front Right)  
 Chairman of CGCC Wei HU(Right)and Vice-Chairman of SFIC Jianming WANG  

On May 20,2024, Ms. Weiming SU, Vice Chairman of CGCC and General Manager at China Mobile International (USA) Inc. signed a cooperation memorandum with SFIC on behalf of CGCC. The signing was witnessed by Mr. Wei HU, Chairman of CGCC, President and CEO of Bank of China U.S.A., and Mr. Jianming WANG, Vice Chairman of SFIC. This cooperation aims to establish a service platform for enterprises from both regions and provide services for economic and trade investment and project docking. 

Chairman of CGCC Wei HU(Front Right) and Director of Hainan IEDB Hua TANG  
Governor of Hainan Province Xiaoming LIU (fifth from the left) and other attendees witnessed the signing ceremony.

On June 5, 2024,  Mr. Winfred ZHANG, Board Director of CGCC and President of SCG America Group and other attendees, Mr. Wei HU, Chairman of CGCC, and Ms. Hua TANG, Director of Hainan IEDB, jointly signed a strategic cooperation memorandum.   

Signed with Mr. Xiaoming LIU, Governor of Hainan Province in attendance, this  collaboration aims to leverage the advantages of both platforms, promote U.S. enterprises to share opportunities in the Hainan Free Trade Port, smooth the communication channels between the United States and the Hainan Free Trade Port, and jointly serve CGCC members and affiliated enterprises in carrying out investment and trade business in the Hainan Free Trade Port.