Perspectives
John Bryson, the new US Secretary of Commerce, traveled to China earlier this month, accompanied by US Trade Representative Ron Kirk. Both attended a meeting for the US-China Joint Commission on Commerce and Trade (JCCT). The meeting was also attended by Chinese Vice Premier Wang Qishan who represented China in the 22nd session of the annual meeting. Discussions at the meeting were centered around US exports into China and possible measures the Chinese Ministry of Commerce (MOC) could implement to further facilitate trade between the two countries. Previous efforts of the MOC led to the usage of United States made airport vehicles at the Beijing airport, which Secretary Bryson got to see first hand during his visit. Last year’s JCCT meeting strengthened intellectual property rights enforcement and made revisions to China’s indigenous innovation policies and pushed them through to the WTO’s Government Procurement Agreement. Other initiatives, led by the U.S.-China Business Council (USCBC), are also being pushed to help small and medium American businesses export their products to China.
This is not the only example of the US government taking special interest in exporting to China. Many state governments have started programs of their own that help businesses within their state expand through exporting. The Virginia Economic Development Partnership (VEDP), created by the Virginia General Assembly in 1995, assists Virginia businesses through aggressive business recruitment, expansion assistance, and trade development. The VEDP works business development partners to help Virginia businesses establish themselves and be successful in their home market, but the main goal of the partnership is to help Virginia businesses expand their export base abroad. The VEDP not only helps companies identify new markets, but also creates market entry strategies and connects Virginia companies to foreign distributors. Participating Virginia businesses are given a summary of the most current economic and demographic information of their selected site, as well as individually tailored research for suitable land and other manufacturing necessities. The partnership can also assist with navigating foreign regulations and tariffs, further lessening the difficulties for businesses looking to expand internationally.
Export Now is also doing its part to help manufacturers of all sizes export their products to China at lower costs and with greater convenience. Not only does Export Now take all the headaches out of exporting your products to China; it also makes your products available to hundreds of millions of Chinese consumers by listing them on an exclusive storefront on Tmall.com, China’s premier B2C platform. The US Government sees exporting as an integral part of the future success of American business. Export Now wants to help American businesses realize that success.
Further Reading:
New US commerce secretary traveling to China
Virginia Economic Development Partnership
