A group of business leaders from the Twin Cities metropolitan area heard about the opportunities and challenges presented by China’s market at the China Business Roundtable Luncheon on Oct. 8 in Minneapolis. The purpose was to continue strengthening ties between the Minnesota Center China and the local business community.
Ning Shao, chief executive of the Minnesota Center China in Shanghai, introduced the programs and services the center offers to Minnesota companies wishing to export their products and services to China or seeking Chinese investment.
China is Minnesota’s second largest export destination, behind Canada. The state’s manufactured exports to China reached $2.5 billion in 2012. China has an increasingly growing interest in investing in Minnesota.
Established in June 2012 during Gov. Mark Dayton’s trade mission to China, the Minnesota China Center is a public-private partnership that is jointly supported by DEED and Greater MSP.
The Minnesota Trade Office (MTO) organized the roundtable in cooperation with Fredrikson & Byron and offers many other international trade programs and services throughout the year to help Minnesota companies compete globally. To view MTO’s calendar of events, click here.
More information about services MTO offers to businesses is also available.