On May 31, MOFCOM Investment Promotion Agency and Tennessee China Development Center held “the Investment Connectivity Meeting of the Global Base for Advanced Manufacturing—Tennessee, US” in Beijing. As the important part of the 5th China Beijing International Fair for Trade in Services, this event focused on the global base for emerging manufacturing—Tennessee, building a bridge of cooperation and win-win state for Chinese enterprises.
Deputy Director of MOFCOM Investment Promotion Agency Zhang Yuzhong, the Deputy Inspector of Beijing Commerce Commission Wang Hongcun and Commercial Officer at the Commercial Office of the U.S. Embassy in China Janet A. Robertson attended the event and made speeches. Zhang Yuzhong pointed out that as the largest developing country and the largest developed country in the world, China and the US have strong complementarity in nature, human resources, markets, capital and technology, and economic and trade cooperation between China and the US is in the common interests of both countries. By the end of 2017, the bilateral investment between China and the US has exceeded US$230 billion. The Chinese government has always insisted on deepening reforms and expanding opening up, and has actively encouraged companies to invest and develop in foreign countries. The Executive Director of Tennessee China Development Center Liu Linna introduced the investment environment and projects of Tennessee. Experts from Dentons law firm and Mazars introduced risk aversion, tax planning and financial audit suggestions while investing in the US under the current China-US relationship.
This event attracted 150 representatives.