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On July 6th, 2016, China General Chamber of Commerce - U.S.A. (“CGCC”) held an investment luncheon for Vice Governor Cao Guangjing of Hubei Province at the Yale Club of New York City.
Chairman of CGCC and President of Bank of China USA Xu Chen, President and CEO of Starr Strategic Holdings X. Rick Niu and 50 representatives from Hubei Province and the finance and legal industries in New York attended the event.
Xu started the opening remarks by welcoming Governor Cao and reinstating CGCC’s commitment in promoting two-way investment between China and the U.S. After over a decade’s hard work, CGCC has become a major platform for U.S.–China business communities, with thousands of members, six regional chapters across the United States and six industry committees. CGCC carries the mission not only to promote Chinese investment in the United States, but also to help U.S. partners understand Chinese business environment and invest in China.
Xu also expressed his compassion for the Hubei people who are currently suffering from the floods, and wished them the best in fighting against the disaster and rebuilding home.
Governor Cao introduced Hubei’s superior investment environment in great details, starting from history, culture and natural resources to development strategy, finance industry and open-up and international cooperation.
Wuhan, the provincial capital of Hubei province enjoys incomparable transportation advantages. “From Wuhan, you can reach 70% of Chinese large cities within four hours by high-speed train”, said Cao. For now, Hubei has opened 39 direct international airlines connecting major cities all over the world.
The Hubei government aims to shape Wu Han as an important regional financial center of inland China. Cao sincerely welcomed all kinds of financial companies to set up business in Wuhan, including banks, insurance, securities, futures and trust.
CGCC presents special thanks to the partners of this event, Bank of China and Starr Companies.
About CGCC
Founded in 2005, the China General Chamber of Commerce – U.S.A. (CGCC) is a nonprofit organization representing Chinese enterprises in the United States. Our mission is to promote Chinese investment in the U.S., support the legal rights and interests of our members, and enhance cooperation between Chinese and U.S. business communities. The CGCC’s extensive membership includes numerous companies from both China and the United States, including 40 Fortune 500 companies. The CGCC is the foremost representative of Chinese businesses in the United States.
（From: CGCC）