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Our 2010 China trade mission,
a part of our China EZPath Program
and the tenth annual mission since 2001, will begin registration soon. Similar
to previous years, the 2010 mission and the associated matchmaking conferences
will be co-organized by National League of Cities and more than 20 other
organizations, and will be a pre-matchmaking, and across-industry-lines event.
The focuses of 2010 mission are to help US small-medium-sized companies (SMCs)
increase export to China and meet their other business development needs. This
year, the conference will be held in Shanghai and possible other cities in June
2010.
Differing from the previous
years, the 2010 trade mission will take place at a very specific time. The
question is why we should go to China when the crisis may not be over yet. The answers are very simple:
- The 4 trillion
RMB (USD$586 billion) stimulus plan of Chinese government will provide a
tremendous opportunity for US SMEs. Even though China is considered "the
workshop of the world”, many high end high quality products needed by Chinese
are still imported from overseas. US export to China increased by about 10%
(9.536%) in 2008 in comparing with 2007, despite the out-breaking of the crisis
and recession.
- During the
recession time, the price level of many Chinese products is historically low.
It is a good opportunity for US SMEs to trim the cost, lower the operating
expenses, and improve the profit margin that are the keys for US SMEs surviving
from this crisis.
- As Secretary Hillary
Clinton mentioned when she visited China, US and China need to join the hands
to pull the world economy out of recession. Chinese Premier also promised that
China will be the first country to step out of recession. Consequently, China
sets up its GDP growth target for 2009: no less than 8%. At a market with 1.3
billion in population and no less than 8% growth, US SMEs should not let the
opportunities skip away.
- Finally, as
before, USCEA will provide US SMEs with the easy and fast access to China
market, the efficiency of one-stop shopping, and very competitive cost for the
trip. By simply filling the matchmaking request form, the US SMCs will be
pre-matched with at least 2-5 Chinese companies at each city visited and start
a face-to-face meeting with these pre-matched and many more un-pre-matched
companies in just a few months. For the cost, while other high level and high
quality trips and conferences usually charge high prices, our mission is an
exception: high quality with low price. Given the sponsorships that our
association received, the cost for the entire trip is only about 30% - 50% of
any other comparable missions. For example, the last year’s travel expenses to
Shanghai, Changsha, Chengdu, and Beijing for about 10 days staying in 4-5 star
hotels are pretty much same as one traveling to New York, LA and Washington,
DC, staying in 3-star hotels, with much that you won’t get from the domestic
trips in the USA: banquets, cultural tours, entertainment, and much more. But
most importantly, the Chinese market! It is an International Business at
Domestic Expense. As a result, the quite unique combination of these features
makes our annual trade mission and the associated matchmaking conferences in
China valuable and welcomed events, joined by many SMCs each year and other
organizations as well.
No matter how much modern technologies develop,
nothing can replace a face-to-face talk to build trust and confidence, and the
first hand experience gained by the personal investigation of the place in
which a SMC is going to do business in or with.
The registration deadline is May 1, 2010
Download the trade
mission Agenda and Matchmaking Request Form.
If you are interested in attending, please complete the survey at http://www.dmsca.us/surveys/?id=China_Survey so that we may better identify focus areas.
Visit the Global Alliance of SMEs website (www.globalsmes.org)
for information on previous missions/events and China EZPath Program.
For more detailed information, contact Dr. George Wang at jgwang@verizon.net.
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