Successful Trade Mission to China Wraps Up

Posted by on Jan 20, 2015 in Events | 0 comments

2237Delegations from Los Angeles, Guangzhou and Auckland join their mayors in celebrating the signing of an historic Tri-partite Economic Cooperation Agreement at Guangzhou City Hall on Nov. 16, 2014

Successful Trade Mission to China Wraps Up

Encourages investment into the LA County region

City of LA Mayor Eric Garcetti led an 80 member delegation to China, which included four city council members and a strong contingent of LA business leaders organized by LAEDC CEO Bill Allen and World Trade Committee co-chairs Les Gold and Steve Olsen.  The productive week-long trade mission was conducted to increase opportunities for LA County businesses, and to attract foreign direct investment (FDI) into LA County.

The delegation visited Guangzhou, Shenzhen, Shanghai, and Beijing. Participants included elected officials, city staff, and business leaders including heads of five major health centers in LA County who all joined the Mayor to help and encourage bilateral trade, investment and job creation for our region.

One of the major announcements of the trip was the “Discover LA Medical Care” initiative, designed by the LAEDC and eight other partners to encourage Chinese residents to seek treatment at centers of excellence for medical care in the LA region.  This fits with LAEDC’s mission of promoting “export oriented” economic activity that brings investment and revenue to our region.



Delegates join hands to celebrate signing historic MOU for medical travel from China to LA area medical centers. (L to R) Thomas Coates (UCLA Health), Rich Cordova (Children’s Hospital), Tom Priselac (Cedars-Sinai), Mayor Eric Garcetti, Chairman Si (China Southern), Bill Allen (LAEDC) Ernest Wooden (LA Tourism), Harlan Levine (City of Hope) and Scott Evans (Keck Medicine at USC)   -Nov 17, 2014


LAEDC and World Trade Center-Los Angeles delegates visit a robotic machinery factory in Guangzhou to encourage investment into LA County.  Nov 17, 2014


LAEDC CEO Bill Allen joins LA Mayor Eric Garcetti, LA City councilmembers and the leadership of LA-based cleantech company SaveSorb for the opening of their new China office in Shenzhen.  Nov 18, 2014


City of Los Angeles Mayor Eric Garcetti and Councilmember Mike Bonin enjoy a testdrive of a new BYD electric vehicle in Shenzhen, China, Nov. 18, 2014


LAEDC CEO Bill Allen and CCPIT Shenzhen President Yongxin Tao shake hands after signing historic MOU for bilateral cooperation on trade and investment between the regions.  Nov 18, 2014


LAEDC’s Bill Allen addresses the Shenzhen-Los Angeles Bilateral Economic Exchange and CEO Forum, jointly organized by CCPIT Shenzhen and the LAEDC’s China representative office in Shenzhen.  Nov 18, 2014


City of LA Mayor Eric Garcetti and Councilmembers Bonin, Busciano, Cedillo and Price join East West Bank Chairman and CEO Dominic Ng for the grand opening of East West’s new full service branch in Shenzhen. Nov 18, 2014


LAEDC CEO Bill Allen and world trade committee co-chair Les Gold celebrate the progress of Downtown LA’s Metropolis project with Greenland USA CEO I Fei Chang and her colleagues at their Shanghai headquarters.  Nov 19, 2014


LAEDC and LABC business delegations join LA Mayor Eric Garcetti and US Ambassador to China Max Baucus for an environmental summit at Peking University.  Nov 20, 2014


Delegates were awed by the beauty and scale of economic development in Shanghai.



LAEDC Annual Economic Forecast, featuring Tourism & Hospitality

February 18, 2015

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