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Over 200 Members of U.S.- Chinese business communities gather in Washington, D.C., to promote the sustainable growth of Chinese investment in the United States
June 30th, 2022 - Over 200 members of the U.S.-Chinese business communities gathered in Washington, D.C., for an afternoon of constructive dialogue surrounding the importance of Chinese investment in the United States at the 2022 SelectUSA Reception hosted by China General Chamber of Commerce-USA and CGCC Foundation.
“Since 2015, China General Chamber of Commerce has been honored to partner with SelectUSA in support of Chinese investment in the United States. We are very excited that both the summit and our reception is back in person after three long years, and we are very grateful to be able to safely hold this event in person and have so many of both our old and new friends in attendance,” said Mr. Wei HU, CGCC Chairman, President & CEO, of Bank of China U.S.A during his opening remarks.
Chairman Hu’s opening remarks were followed by special remarks from Deputy Chief of Mission and Minister of the Embassy of the People's Republic of China in the U.S., Minister Xueyuan XU.
Following Minister Xu’s remarks was a presentation from Virgilio Bisio, Commercial Officer of SelectUSA (Global Markets) at the U.S. Department of Commerce (International Trade Administration). Having come straight from the four-day-long SelectUSA Investment Summit, Bisio encouraged further Chinese investment in the U.S., “Based on my conversations with Chinese companies during the SelectUSA summit and the results of CGCC’s survey, I think that Chinese businesses continue to see significant market opportunities in the United States,” said Bisio.
The program concluded with an animated panel discussion featuring Mr. Pin NI, Vice-Chair of CGCC, and President of Wanxiang America Corporation (Panel moderator), Admiral Dennis C. Blair, Former United States Director of National Intelligence, and Governor Martin O'Malley, Former Governor of Maryland.
The panel gave attendees the unique opportunity to hear from two former U.S. government officials and their perspectives on Chinese investment in the U.S. and U.S.-China relations. Through various personal anecdotes, Governor O'Malley and Admiral Blair both emphasized the importance of cooperation and the building of trust between the two peoples and its importance in breaking down barriers and strengthening the overall bilateral relationship.
The CGCC 2022 SelectUSA reception was kindly supported by CGCC members ICBC and Surge Energy America.
CLICK HERE to view the event recording
CLICK HERE to view photos from the event
About the Event:
Since 2015, CGCC has hosted the SelectUSA Reception for the Chinese Delegation to the SelectUSA Investment Summit with the aim to connect U.S.-China business communities and promote the sustainable growth of Chinese investment in the United States.
About CGCC
Founded in 2005, the China General Chamber of Commerce – U.S.A. (CGCC) has been recognized as the largest and most influential non-profit organization representing Chinese enterprises in the U.S. As an independent, non-partisan, non-governmental chamber of commerce, CGCC provides a broad range of programs, services, and resources to over a thousand multinational members across the U.S., with a mission to create value, generate economic growth, and enhance cooperation between the U.S. and Chinese business communities.
About CGCC Foundation
Established in 2014, CGCC Foundation is a 501(c)(3) tax-exempt organization. The mission of CGCC Foundation is to deepen mutual understanding and cooperation between the United States and China through research, public charity and engagement in economic, cultural and social exchanges.