Trading Partner Portal: China
According to the U.S. State Department, China has been one of the world’s fastest growing economies over the past several years, and its efforts to reform and modernize have helped transform China into a large trading economy.
U.S.-China trade has risen rapidly over the past several decades. Total trade in goods between the two nations has increased from $4.8 billion in 1980 to $590.7 billion in 2014. U.S. exports to China in 2014 were approximately $124 billion, a steady increase from previous years.
In 2014, China continued as California’s 3rd largest export destination, with approximately $16.1 billion in exports. Computer and electronic products accounted for 27.7 percent of exports, totaling $4.5 billion. Both non-electrical machinery and waste and scrap brought in approximately $1.9 billion, each accounted for approximately 12 percent of the total, with roughly $1.9 billion in exports. Transportation equipment brought in $1.6 billion, or 10.1 percent. U.S. Dept. of Commerce
According to a report by the Bay Area Council Economic Institute in January 2014, “China became California’s number one source of international visitors in 2012, when an estimated 677,000 Chinese tourists spent almost $2 billion in the state.” The report also noted that China is the no. 2 ranked country for Bay Area businesses abroad, with 795 Bay Area affliliates there.
Characteristics of travellers from China to California – 2013
Read more about the importance of U.S.-China Trade Relations
Report: China Trade with LA County – Los Angeles County Economic Development Corporation, June 5, 2014
HIGH TECH: The Next Wave of Chinese Investment in America – Asia Society, April 2014
New Realities in the US-China Investment Relationship – U.S. Chamber of Commerce, April 2014
US Census Bureau Trade in Goods – China
WTO Trade Profile – China
WTO Trade Policy Review – China
|TTB Publishes Guidance for New ‘Consolidated’ Wine Export Certificate (U.S. to China)
Beginning March 1, 2014, the People’s Republic of China (PRC) will accept a one-page Wine Export Certificate (consolidated certificate) from U.S. industry members for U.S. wine products exported from the United States.This consolidated certificate is a multi-purpose document, which can be used as a certificate of origin, certificate of health/sanitation, and certificate of authenticity/free sale.”For some time the PRC required U.S. wine exporters to file several certificates as a condition of entry,” John Lom, TTB’s International Trade Division Director stated. “The one-page, consolidated certificate will replace the number of certificates that have to be filed currently to export wine to China.”TTB Publishes Instructions for ‘Consolidated’ Wine Export Certificate (U.S. to China)On December 17, TTB published a guidance document with instructions for how to use the consolidated Wine Export Certificate when exporting U.S. wine products from the United States to the PRC.Read the guidance document, General Instructions for the ‘Wine Export Certificate’ for U.S. Wine Products Exported from the United States to the People’s Republic of ChinaThe guidance document also includes a link to download a template of the Consolidated Certificate, a section listing specific instructions for filling out the certificate, and contact information if you have questions about the certificate.
Chinese Direct Investment in California
The Rhodium Group estimates that Chinese firms now employ 27,000 people in the U.S., up from fewer than 10,000 five years ago.
Asia Society, October 2012
Oct 2, 2012 – U.S. Chamber of Commerce released a new report on China’s investment approval process for inbound foreign direct investment titled China’s Approval Process for Inbound Foreign Direct Investment: Impact on Market Access, National Treatment and Transparency. This is the second report the U.S. Chamber has issued since July on the topic of two-way investment. The first report, Faces of Chinese Investment in the United States, aimed to promote greater Chinese investment into the United States and help demystify the U.S. investment climate for Chinese business leaders interested in the American market.
Asia Society, May 2011
2013 China Trade Mission with Governor Brown
California Chamber of Commerce members joined Governor Edmund G. Brown Jr. in April 2013 on a eight-day mission to China with a goal to expand trade and investment between California and China by identifying opportunities of mutual benefit.
With more investment deals from China than any other state, California is positioned to capture China’s growing foreign investment.
The delegation traveled throughout China and opened a California Trade and Investment Office in Shanghai. This is California’s first official permanent presence in China in nearly a decade. As ambassadors for California, the delegation took the next step to ensure the state’s leading role in attracting Chinese investment.
Governor Brown Leads Successful Trade/Investment Mission to China, CalChamber Top Story, April 19, 2013
CalChamber to Join Governor on Trade Mission to China
California to Open New Trade and Investment Offices in China
2013 Trade Mission to China
April 8 – 12, 2013
2010 Asia Trade Mission
|2010 Trade Mission to Asia
Governor Arnold Schwarzenegger
September 9 – 15, 2010Hangzhou ~ Shanghai ~ Tokyo ~ SeoulClick on a city to see the itinerary California Business DelegationCalChamber Joins Governor on Successful Asia Trade Mission
CalChamber, September 21, 2010
2005 China Trade Mission
Strengthening Trade Ties, Building New Opportunities
CalChamber President Allan Zaremberg joined Governor Arnold Schwarzenegger, members of the press and other members of the business delegation six-day trade mission to China to market California agriculture, encourage tourism, discuss intellectual property rights and promote business investment in the state.
“The business and trade mission to mainland China led by Governor Schwarzenegger will serve to strengthen ties and increase economic opportunitiesin the world’s largest marketplace of 1.2billion people,” said Susanne Stirling, vice president of international affairs for the Chamber and member of the business delegation.
- CalChamber Joins Governor on Trade Mission to China
11-18-05 Alert Newsletter (pdf)
- CalChamber Boosts Trade Links on Successful China Mission
12-2-05 Alert Newsletter (pdf)
- Tejon Showcases Industrial Complex to Chinese Exporters
12-16-05 Alert Newsletter (pdf)
- McWong Technology Helps Shanghai Steel Plant Handle Wastewater
1-6-06 Alert Newsletter (pdf)
- Visit Strengthens Chevron’s Established Role in Chinese Energy Sector 1-27-06 Alert Newsletter (pdf)
- Trip Spotlights Fastest-Growing Sector for United Airlines Asia Market 2-17-06 Alert Newsletter (pdf)
|CalChamber Forum Gets Preview of Topics for U.S.-China Summit|
(June 4, 2013) China’s quest to become a global science, technology and innovation leader was the subject of an international forum yesterday hosted by the California Chamber of Commerce and the California Council on Science and Technology. Dr. Tai Ming Cheung, director of the Institute on Global Conflict and Cooperation (IGCC) at the University of California, San Diego, touched on many topics that will be discussed later this week in Rancho Mirage, California when U.S. President Barack Obama and Chinese President Xi Jinping meet.
Dr. Tai Ming Cheung, director of the Institute on Global Conflict and Cooperation (IGCC) at the University of California, San Diego.
|CalChamber President, Chinese Vice Minister: Foster Strong Ties Between California and China|
(July 24, 2012) Fostering business and cultural relationships between the California business community and China was the focus when Chinese Vice Minister of Commerce Wang Chao and his delegation gathered at the California Chamber of Commerce International Luncheon Forum yesterday.
Chinese Vice Minister of Commerce Wang Chao (left) and CalChamber President and CEO Allan Zaremberg.
(December 20, 2012) Mr. Rongquiang Yu visited with Mrs. Susanne Stirling of the California Chamber of Commerce.
They discussed several China – California trade issues, as well as Mr. Yu’s connections with the Chambers of commerce in Quinghai Province and Shandong Province, China.
From left to right, Mrs. Mary Feng, Mrs. Susanne Stirling, Mr. Rongqiang Yu, Mr. William Cheng
|Chinese Delegation Visits CalChamber|
(June 20, 2012) A courtesy call was made by the San Francisco Chinese Consulate General on Wednesday, June 20, 2012, to discuss State – Province Cooperation between California and Chinese provinces, as well as, to introduce key members of the Chinese Enterprise Association – California.
Pictured Left to Right are: Mr. Ma Si, Director, New Civic Co. Ltd, Mr. Sam Zhang, Secretary General of China Enterprise Association – California, Mrs. Susanne Stirling, Vice President International Affairs, CalChamber, Mr. Allan Zaremberg, President & CEO, CalChamber, Mr. Xia Xiang, Economic and Commercial Counsellor, Chinese Consulate General in San Francisco, Mr. Ben Chen, President, Chinese Enterprise Association – California, and Mr. Xia Shuguang, Consul, Chinese Consulate General of San Francisco.