Dear Members and Friends, In the course of the last year, our communities in the United States and elsewhere in the world have faced extraordinary challenges. From the moment the pandemic first struck, we have been forced to make more changes than many could have imagined one year ago. However, through unity and compassion we also witnessed an extraordinary response combined with heroism and resilience, where companies and individuals supported each other through tragedy and crises while seeking hope and optimism. As an independent, non-profit, non-governmental chamber of commerce, CGCC is privileged to continue playing a critical and impactful role to enhance economic cooperation between the United States and Chinese business communities by providing a broad range of programs, services, and resources. The chamber serves as an impartial partner between the two largest economies in the world by promoting commerce and trade throughout our membership. In 2020, Chinese companies in the U.S. continued to grow their businesses, generating value for the U.S. economy, directly and indirectly supporting millions of jobs throughout the country. Since its establishment in 2014, the CGCC Foundation has been committed to enhancing U.S.-China cooperation by providing detailed research and analyses, disaster relief and other social impact investing efforts to local communities. In response to the pandemic, CGCC and CGCC Foundation, together with our member companies, donated over 3.5 million pieces of PPE to frontline workers and various other public and private institutions across the U.S. CGCC-USA represents an important group of entrepreneurs, business leaders and community members that supports dialogue and economic growth in the United States. As our economies recover from this pandemic and we all continue to plan for the future, CGCC is both honored and humbled to act as witness, contributor, and beneficiary of the strategic relationship between our great nations. It is our hope that this publication will serve as a valuable resource to better understand CGCC’s contributions and efforts over the past year by promoting business and trade, sharing accurate and up-to-date information, and building trust among our members. We recognize and are tremendously grateful for the fact that our success could not have been achieved without the unwavering dedication and support of both our Chinese and U.S. member companies. On behalf of CGCC, I wish you, your families and colleagues continued good health and success in the coming year and beyond.
Mr. Ning Yuan began his career with CSCEC in 1988 and became president of China Construction America (CCA), CSCEC’s subsidiary in the Americas, in 2001. He has more than 20 years of experience in international business with significant expertise in construction and real estate. Leveraging his entrepreneurial acumen and relentless pursuit of excellence, Mr. Yuan successfully led CCA’s transformation from a small company of just 12 employees in 2000 to a highly competitive and well-recognized player in the US construction and real estate market. CCA is now the 42 nd -largest general contractor and the 10 th -largest bridge contractor in the United States and ranked the Top 25 Contractors in General Building. It is also the second-largest builder in South Florida and fourth-largest builder in New York City. Under Mr. Yuan’s leadership, CCA has completed more than 1,000 projects, many of which havegarnered prestigious awards, including the Tien-yow Jeme Civil Engineering Award, Lu Ban Award, Construction Achievement Project of the Year Award by the American Society of Civil Engineering, Project of the Year by New York State Society of Professional Engineers, Top 10 Bridges award by the Roads & Bridges Magazine, Award of Merit by ENR and the Lucy G.Moses Preservation Award. In 2014, Mr. Yuan led and completed CCA’s acquisition of Plaza Construction, which hasenhanced CCA’s building division and put the company in a stronger competitive position inthe United States. As a leader with vision, he successfully expanded CCA’s business into The Bahamas and Panama and aims to have CCA expand into other countries in the Americas. Mr. Yuan also initiated and succeeded in establishing CCA’s real estate and infrastructure investment and development platforms to serve the company’s business expansion in the Americas. With a portfolio of $1 billion, CCA has created thousands of jobs. In addition to being a successful businessman, Mr. Yuan is a keen educator. Committed to supporting initiatives that promote the delivery of quality education to youth, he travels to Harvard Business School, the Wharton School of University of Pennsylvania, Columbia University and other prestigious universities to mentor young, talented people with his inspirational experience. In 2011, Mr. Yuan assumed the office of chairman of China General Chamber of Commerce-U.S.A. During his tenure, he demonstrated his commitment to fostering business exchanges between China and the United States and having a greater impact on the economic and business cooperation between China and the United States, which contributed to his reelection in 2013. He continues to serve the chamber as vicechairman. Mr. Yuan holds a bachelor’s degree in civil engineering from Zhejiang University in China and a master’s degree in civil engineering from Leibniz Universität Hannover in Germany. He received the Asian Entrepreneur Excellence Award from the Asian American Business Development Center and the China Business Leadership Award from the US–China Policy Foundation. In addition to Mandarin Chinese, he is fluent in English, German and Russian.
Mr. Chen Xu started his banking career at Bank of China Head Office in 1990. Since then, Mr. Xu had worked successively in various departments including Executive Office, Corporate Banking Department, and London Branch before he was promoted to the position of General Manager of Olympic Affairs Department in 2004. This Department was set up specially to supervise the Bank’s effort of offering the best banking services for the Olympics where Bank of China was the sole bank partner of the 2008 Beijing Games. In August 2008, Mr. Xu was reassigned as General Manager of Financial Institutions Department, a position he held until January 2015. In January 2015, Mr. Xu was transferred to the United States and assumed the position of President and Chief Executive Officer of Bank of China USA. He now supervises New York Branch, Queens Branch, Los Angeles Branch, and Chicago Branch. Mr. Xu holds a Bachelor’s Degree in Management Information System from Tsinghua University, China, and a Master’s Degree from the University of International Business and Economics, China, major in Business Management. Mr. Xu, born in China, is married. He has a teenage daughter.