US projects seek business partners

Writer: Han Ximin  | Editor: Holly Wang  | From:  | Updated: 2019-04-04

Betsy Shieh (L), principal commercial officer of the U.S. Consulate General in Guangzhou, Ye Jiande (2nd L), director of the CCPIT Shenzhen Committee, and Darrell Steinberg (3rd L), mayor of Sacramento, attend the business conference in Shenzhen yesterday. Chris Lin

A business delegation from Sacramento, capital city of California in the U.S., was seeking cooperation and investments from Shenzhen in transport, power supply, technology and agriculture at a business meeting in Shenzhen yesterday.

The business meeting was organized by the Shenzhen Office of the U.S.-China Corporate Match-Making Project.

The major projects include procurement of transport technologies and products, agricultural trade, international high school construction, a joint research and development project for Aggie Square and the second hospital on the Sacramento campus of University of California, Davis.

Sacramento boasts strong research universities and is the fourth highest in the U.S. for annual research and development investments.

“The city is notable in food, agriculture and technology. Wine grapes are its No. 1 crop and it is at the center of the transformation of the transportation industry and huge amounts of investment have been deployed to launch electric ride-share cars, electric shuttles and charging infrastructure,” said the mayor of Sacramento, Darrell Steinberg, at the opening of the meeting.

More than 130 representatives from Shenzhen enterprises attended the business meeting.

The Shenzhen meeting was the third stop of Sacramento’s Smart Investment•Wise Choice Business Conference 2019 in China, following Beijing and Chongqing.

The U.S.-China Corporate Match-Making Project, under a framework signed in 2005, has established offices in 18 cities in China and completed a total of 500 trade and investment projects.