San Francisco works to build business ties in China

Whoever said business was bad in San Francisco? Mayor Gavin Newsom on Friday announced the opening of the ChinaSF Beijing office in response to the growing demand for greater business exchanges between the world’s two largest economies — the United States and China.  

“As the gateway to the Pacific, ChinaSF builds San Francisco’s history of shared cultural and economic ties with China, and strengthens mutual economic prosperity through enhanced relationships between San Francisco and Chinese businesses,” Newsom said. “ChinaSF’s business presence in Beijing will truly leverage China’s growing market and innovation for San Francisco’s economy.”

With offices in Beijing, Shanghai and San Francisco, ChinaSF is a public-private initiative of the San Francisco Center for Economic Development. Its goal is to attract and retain Chinese investment and business expansion into San Francisco and the Bay Area, and to also support regional businesses in their business efforts in China, according to the mayor’s office.

Between 2008 and 2010, amidst one of the worst financial crises in history, ChinaSF successfully facilitated the expansion of over 10 companies to San Francisco, and helped a similar number of Bay Area based companies make important business connections in China.  In addition to the financial investment into the Bay Area, ChinaSF’s efforts have directly created over 120 jobs for the Bay Area not counting any resulting multiplier effects and benefits.

Bay Area NewsGavin NewsomGovernment & PoliticsPoliticsSan FranciscoUnder the Dome

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

The Medical Examiner's Office van on Tuesday, April 23, 2019. (Kevin N. Hume/S.F. Examiner)
San Francisco’s 2020 overdose deaths soar 59 percent to 699

Fatal drug overdoses surged by nearly 59 percent in San Francisco last… Continue reading

Police Commissioner John Hamasaki questions Chief Bill Scott at City Hall on Wednesday, May 15, 2019. (Kevin N. Hume/S.F. Examiner)
SFPD should probe whether officers joined Capitol raid, commissioners say

Chief unaware of any members participating in insurrection

Homeless people's tents can be seen on Golden Gate Avenue in the Tenderloin on Wednesday afternoon, Dec. 16, 2020. (Photo by Ekevara Kitpowsong/S.F. Examiner)
Statewide business tax could bring new funds to combat homelessness

San Francisco could get more than $100 million a year for housing, rental assistance, shelter beds

The Museum of the African Diaspora in San Francisco (a mural by artist Jamie Treacy is pictued) has a lineup of free online programming including activities for youngsters scheduled for Martin Luther King Jr. Day on Jan. 18. (Courtesy Demetri Broxton/Museum of the African Diaspora)
Stanford, Museum of the African Diaspora host MLK Day activities

Online offerings include films, music, discussion

Speaker of the House Nancy Pelosi presides the US House of Representatives vote on the impeachment of US President Donald Trump at the US Capitol, January 13, 2021, in Washington, DC. - The Democrat-controlled US House of Representatives on January 13 opened debate on a historic second impeachment of President Donald Trump over his supporters' attack of the Capitol that left five dead. (SAUL LOEB/AFP via Getty Images/TNS)
House votes 232-197 to impeach Trump a second time

Focus shifts to Senate, where McConnell has signaled he may not stand by president

Most Read