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There is a tremendous opportunity to interact with over 500 Chinese government leaders and business representatives from a wide spectrum of industries. These Chinese firms will meet with U.S. exporters and explore investment opportunities in several U.S. cities, including Chicago, Houston, Raleigh, N.C., and Washington, D.C.
Many firms are intensifying their efforts to market their products and services to countries such as China. Today, American companies are selling more merchandise and services to China than ever before. Exports to China totaled $85 billion in 2009, a 72 percent increase from 2005. In the first 11 months of 2010, total U.S. exports grew 17 percent compared to the same period in 2009.
MBDA encourages you to take advantage of this unique opportunity to expand your growth and profit potential with one of this country’s largest trading partners. China is a key export market for U.S. goods and services, and a focus of President Obama’s National Export Initiative that calls for doubling U.S. exports in five years to support millions of American jobs. Read the Report to the President on the National Export Initiative: The Export Promotion Cabinet’s Plan for Doubling U.S. Exports in Five Years
The Minority Business Development Agency (MDBA) encourages minority-owned firms to attend the upcoming “Trade Winds Forum–the Americas” business forum and trade mission in Mexico City, Mexico from April 5-12, 2011.
The combination trade mission and business conference includes the pan-American (North, Central and South) business forum consisting of regional and industry specific conference sessions, as well as pre-arranged consultation with 14 U.S. Commercial Service Senior Commercial Officers representing markets throughout the Western Hemisphere.
International trade is one of the driving forces in the American economy which creates jobs and wealth and accounts for a significant percentage of our economic growth. Minority firms in the United States are primed for exporting and are twice as likely to generate sales from exporting as non-minority-owned firms. Some of the reasons are due in large part to language capabilities, cultural compatibility and business agility.
The U.S. Department of Commerce (DOC) is at the center of the federal government's efforts to promote exports. Secretary of Commerce Gary Locke will lead a High Technology Business Development Mission to New Delhi, Bangalore, and Mumbai that will highlight export opportunities for U.S. businesses in a broad range of advanced industrial sectors: civil-nuclear trade, defense and security, civil aviation, and information and communications. This trade mission will assist U.S. businesses in initiating or expanding exports to India by making business-to-business introductions, providing market access information, and facilitating access to government decision makers.
Minority business export activity spanned 41 countries over six continents, North America, South America, Europe, Asia, Africa and Australia, between 1992 and 2009. Mexico, Brazil and Dominican Republic are the top three markets for minority firms export activity, accounting for 52 percent of all financing transactions authorized for these firms when foreign markets were identified.
Minority firms in the United States are primed for exporting and are twice as likely to generate sales from exporting as non-minority-owned firms. Some of the reasons are due in large part to language capabilities, cultural compatibility and business agility.
The fourth annual Americas Competitiveness Forum (ACF) will be held in Atlanta, Georgia on November 14-16, 2010. The ACF brings together national leaders from the public and private sectors for high-level discussions on regional competitiveness and innovation, as it relates to business ventures, economic development and trade. This year’s theme for the ACF program is “Building a Prosperous and Sustainable Future for the Americas.”
The forum will primarily focus on green technologies, education and workforce development, entrepreneurship, small business development and trade facilitation. More than 1,000 leaders from the 34 nations of the Western Hemisphere will join Secretary of Commerce, Gary Locke, in sharing new ideas on how to improve business in a variety of industries.
Also joining Secretary Gary Locke at the ACF is David A. Hinson, national director and Alejandra Castillo, national deputy director for the Minority Business Development Agency (MBDA). Both leaders will leverage the event to promote business-to-business opportunities between U.S. minority-owned firms and small and medium sized enterprises outside the United States.