Recently, a frozen Chicago welcomed a delegation of over 400 Chinese business owners which traveled with Chinese President Hu Jintao. This U.S.-China Trade and Economic Cooperation Forum was co-organized by The Chicago Council on Global Affairs and China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME). The event was held at the Chicago Hilton and Towers and highlighted the business relationship between the two countries. The program was opened by honorable guests including Chen Deming – Chinese Commerce Minister, Gary Locke – US Department of Commerce Secretary, and Pat Quinn – Illinois Governor.
Prior to several panel discussions focusing on various trade topics, a ceremony for contract signings took place between multiple Midwestern based companies and their Chinese partners. Due to the large number of contracts being signed, this portion of ceremony was broken down into five sections, grouped by the respective industries. The main industries were agriculture, energy, and machinery. Companies such as Caterpillar and Cargill, which are experiencing steady grown in the Chinese market, are optimistic about expanding this success in the years to come.
As a representative of the Chicago publishing industry, it was very timely for Albert Whitman & Company to attend this forum, as part of our growth strategy is to grow our international business. We are currently finalizing a partnership with a Chinese publisher to publish the Chinese language of The Boxcar Children© Mystery series in China.
Another sign of good Chinese – Chicago relations? — Did you know that Chicago has two sister cities in China – Shanghai and Shenyang?