US Export Promotion Targets PRC
Keywords: Zetland, finance, offshore investors, fiduciary services, investment management, corporate advisory, tax
The DOC recently released the 2007 National Export Strategy, which outlines the Bush administration’s priorities for promoting U.S. exports in the coming year.
This year’s report emphasises the benefits of exporting and encourages companies to get involved, pointing out that U.S. export competitiveness, improvements in market access and technology, and strong foreign demand represent a “superlative set of conditions” for U.S. companies to enter the global marketplace. The report identifies China, India and Brazil as countries that U.S. exporters should consider due to the size of their markets and their records of strong economic growth.
The report notes that 2006 was a particularly good year for U.S. exports to China in a number of sectors, including machine tools and agricultural, fishery and forestry products.
Despite this solid performance, U.S. officials continue to believe that China is one of the most challenging markets in the world for U.S. companies. Among other things, the U.S. contends that (i) China’s business environment lacks predictability, (ii) the Chinese government does not provide effective protection to U.S. intellectual property, (iii) China still practices or allows certain mercantilist-style policies, and (iv) China retains much of the apparatus of a planned economy.
The U.S. plans to continue to address these and other challenges within the framework of the Strategic Economic Dialogue and the U.S.-China Joint Commission on Commerce and Trade. The U.S. will also continue to support several China-related programmes in the area of IPR, including the following.
U.S.- China Intellectual Property Rights Training Program. In May 2006, the U.S. Patent and Trademark Office began a technical assistance programme with China’s General Administration of Customs that included training for GAC management and front-line officers on customs regulations and methods to improve enforcement capabilities. The programme consists of three separate two-week sessions to review IPR law and international conventions and the role of customs administrations in IPR protection and enforcement.
China IPR Advisory Program. This programme provides U.S. companies with a one-hour free legal consultation with a volunteer attorney to learn how to protect and enforce their IPR in China. Over 47 companies have used this service to date.
Monthly China IPR Webinar Series for U.S. Industry. Twelve Webinars have been undertaken to date with over 600 on-line participants.
U.S. federal agencies are also helping U.S. companies take advantage of the rapid economic growth in China, in part by further developing their trade promotion infrastructure in the mainland.
The report notes that China is the largest post in the world for both the Foreign Agricultural Service (five offices and 49 staff) and the DOC (six offices and 113 staff). In addition, the U.S. Commercial Service has American Trading Centers in 14 fast-growing secondary cities throughout China. Some of the more notable trade promotion efforts that were undertaken in 2006 are summarized below.
Gutierrez’s Trade Mission to China. Commerce Secretary Carlos Gutierrez’s trade mission to Shanghai and Beijing in October/November 2006 included 22 senior executives from U.S. companies, resulting in projects valued at US$8 billion.
State/City Trade Missions. The U.S. Embassy in China hosted 10 state-led and three city-led trade missions in 2006.
Export Financing. The Export-Import Bank of the United States completed negotiations under the auspices of the SED to facilitate the sale of medium-term financing for U.S. capital goods and services exports to China.
U.S.-China Aviation Summit. The U.S. Trade and Development Agency and the Department of Transportation hosted this summit to help strengthen the technical and commercial relationship between the U.S. and Chinese aviation sectors.
USDA Promotion Efforts. On-going Department of Agriculture efforts in China focus on areas of potential export growth. At the May 2006 Sial-China trade show in Shanghai, the USA Pavilion hosted 25 U.S. companies and agricultural trade organisations.
In 2007 the U.S. intends to continue to focus on China’s second-tier cities and on several high-growth sectors, including agricultural products, aviation equipment, safety and security, healthcare, construction and pollution control and energy efficiency. Some of the activities planned for this year are described below.
A clean energy technologies trade mission to Beijing and Nanjing, carried out earlier in the year, helped U.S. providers of energy efficiency equipment and services identify opportunities in the Chinese market.
The third annual U.S. Health Care Forum will be held in an effort to encourage improvements in the Chinese regulatory environment and promote U.S. healthcare equipment, services and pharmaceuticals.
Federal government trade promotion agencies will continue to support the growing number of U.S. states that are organising and leading trade missions to China.
The Zetland Financial Group - www.zetland.biz - provides the offshore investor with fiduciary Services, investment management and corporate advisory services, offering personal service and professional advice with total confidentiality.
Previous Articles Highlighter:
Trends In Chinese Banking Sector Reforms (1)
The Agricultural Bank is the only remaining Chinese state owned commercial bank that remains to be restructured for IPO. With the subsequent successful listing and the Chinese banks being well capitalised as a result, the following scenerios are being envisaged for the Chinese banking sector - Intense competition across the sector as foreign banking groups are now allowed to conduct business in China as geographic and customer restrictions on RMB services were removed in December 2006.
How To Apply For A Bank Loan (2)
You may qualify to borrow money for new equipment or upgrades but not qualify for an operations expense loan. Regardless of the type of loan you apply for, be prepared to offer specific reasons why the money is needed.
Experience Western North Carolina Real Estate (3)
Many more attractions are located in Western North Carolina. Hendersonville NC is only a short drive away from many unique natural sights. The North Carolina Arboretum, which has 426 acres to explore, is located north of Hendersonville.
Best Schools In Houston (4)
A magnet school is also another option that a public school district can offer to residents of the school district. Most often magnet schools focus on a specific area of learning such as math, science, art, music.
The Blue Ridge Mountains Is A Natural Wonderland (5)
There are local businesses that can build you your own kayak if you want to experience the rivers of Western North Carolina. Some other places that you will want to explore are the caves and mountains nearby.
Sugar Land Luxury Home Builders (6)
Hann Builders-Stephen Hann has 20 years of experience in custom home construction, with the goal of making the process enjoyable and easy for clients. Masterpiece Custom Builders-Gordon Boyle has succeeded in providing distinctive homes with "timeless architecture and expert craftsmanship" in the area for the last 20 years.
New Homes Build On Luxury And Community (7)
While many of the oldest homes of Sugar Land are still standing and occupied, handed down from generation to generation, new construction is keeping pace with the population growth. Most Sugar Land new homes are located in the master planned communities, including some of the oldest and most established subdivisions.
Dont Let Your Investments Control You (8)
The key to building a strong investment portfolio is to set your goals and diversify, but not have so many investments you can't follow and to avoid investments which are too small to be meaningful.
Where To Find The Top Homes In Texas (9)
Best of all, buy your new home now, and Sienna Plantation will even pay for the $3,000 initiation cost! With everything that it has to offer, for all shapes and sizes of buyers, this area not only brings luxury to Houston - it truly is one of the ideal places when it comes to top homes for sale in Texas full stop.
Houston Texas Has Retained It's Market Value (10)
There is no such thing as a win-lose sale in Houston at the moment, as home sales are working out equally fairly for buyers and for sellers. Buyers are getting the upper hand slightly in that certain sellers are becoming more eager to sell as they fear the coming housing crisis.
Best Real Estate Financing Tips To Save You Money (11)
Your income and your debts will typically play the biggest roles in determining the price range of the house you can get approved for. Now some of the advantages of adjustable rate mortgages include: lower costs - because they're usually priced lower than fixed-rate mortgages so you can increase your buying power and lower your initial monthly payments.
Tricks For Finding The Top Homes For Sale In Texas (12)
Make a list of the communities available within the range. Then, start researching these communities as well to find out which ones will have houses in your price range.
When None Of The Top Homes For Sale In Texas Fit Your Need... (13)
The top places to live in Texas really depend on your personal preference. Texas is a big state, so you should be able to find whatever you want, be it a ten-acre piece of land on which to build a ranch house or a smaller plot where you'll be closer to the city.
New Homes Increase Standard Of Living (14)
It is an unfortunate fact of life that those who can afford to live in low crime areas do so. By building some of the finest homes behind a gate to keep the residents safe, the state of Texas initially received ample criticism.
Get Out Of Credit Card Debt - 5 Helpful Hints (15)
The first product of this detailed review should be a written plan, tailored to one person's financial situation or one family's financial situation. At no time should the management or counseling professional make unrealistic promises about clearing up credit card debt problems.
How To Avoid VA Home Foreclosure (16)
The loan is different from civilian financing in that it is guaranteed by the government. This means that if the owner can no longer pay for the loan, a VA home foreclosure will occur and the government will step in and pay off the mortgage.
Reasons For Selling Endowment Policies (17)
Again, these are all things to think about when deciding whether or not it is worthwhile selling endowment policies and should help to assist you in your decision of whether to sell or not.
What Is An Adjustable Rate Mortgage? (18)
There are others types of ARM loans that allow borrowers to make interest-only payments for a certain length of time. This helps to keep the first payments low. Because there are so many types of ARM's you should spend some time looking into them in order to find the one that best fits your needs.
Trust The Internet To Get You The Best Car Loan (19)
Right Car loans interest is one of the biggest issues while opting for any loan. You need to be able to afford paying the installments after all. Car loans are easy to come by and even if you dont have a great credit standing in the market you can manage to procure a no credit auto loan for yourself.
Leverage, Or How To Make Money In Your Sleep (20)
Though many success stories have been written because of multilevel marketing, it is a type of business that many people never find success with. Everybody needs a place to live Buying a house on the other hand, is recommended for everyone, even if it is bought only to provide a place for someone to live.
Newer Articles Highlighter:
Quick And Easy Guide To Cheap Car Insurance Quotes (1)
It's good to know this just in case the length of your insurance coverage plays a part in the rates you have now or other variables in your policy that might be different and more valuable to you than with a new company -- even at a lower or cheaper rate.
How To Find Your Best Mortgage Deal Online (2)
Shaun Parker has been at the sharpe end of the mortgage brokers industry bringing the latest in advice to the public. The face of mortage advice is changing dramatically.
How To Find The Right Home In Any Real Estate Market (3)
With significant communal development projects underway in thousands of communities across the country, it is becoming ever more important to fully understand issues pertaining to covenants that might be attached to real estate in a certain area as you do go about finding the right residential home site for you, your family and your future.
What Is An Unsecured Loan? (4)
There are times when the loan must be secured, which is when the borrower must put up collateral in order to get the loan, for the most part, consumers loans are usually unsecured loans.
Tips For Choosing A Gas Credit Card (5)
In some cases, you'll also be offered a 1% cash back or rebate on purchases from other vendors. Typically, you can either choose to have this money sent to you as a literal cash back, or you may choose to have it automatically credited to your next bill - helping to take the edge off your final total each month.
The Top 3 Pitfalls Of Refinancing Your House To Pay Off Your Credit Cards (6)
Why not? That would relieve some of your interest rates and a whole lot of your stress, and you are already paying on your mortgage anyway, so what could it hurt?
What You Need To Know Before Committing To Student Loans (7)
It is a good idea to pay as much of it as you can, even about the low monthly payment. This will help reduce the amount of interest you pay and it will help you pay it off in less time.
Should You Prefer Your Home Equity Line Of Credit Or Your Credit Card? (8)
Transfer to a credit card. Though transferring to a credit card may not always be the best solution, it has helped several people save money on their home loan.
Eliminate Debt? The Unforgiving Truth Behind Paying Off Your Personal Debt! (9)
6. Creditors: If you have creditors or debt collectors calling you repeatedly then again you know that you need to get a plan together. This is frustrating and a scary situation to be in, but knowing your rights and finally stepping up to the plate with a plan can end it fast!
How To Raise The Limits On Your Credit Cards (10)
Here are a few suggestions, depending on your circumstances, on what to do if you want a higher limit on credit in which you can spend. First option: Don't do it at all.
What If I Cannot Make A Loan Payment? (11)
Getting this payment caught up as quickly as possible should be your main concern. The reason for this urgency is that once derogatory information goes onto your credit record is stays there for years, and this can have adverse effects on your future ability to borrow money, especially for big purchases such as a home or automobile.
Stay At Home Moms - Dare Yourself To Save Money (12)
If you can walk to it, do so. Gas prices have gone up tremendously over the past few years. I've found that my family can get by almost comfortably with only one car, which my husband takes to work.
Rewards Credit Cards Are My Best Friend (13)
Having a rewards card rewards you for paying your bills on time and spending money using credit cards. The more you spend, the bigger the rewards. Court helps people to learn about increasing their credit limits.
Money Saving Tips: Knowing Where To Begin (14)
Saving resources isn't as complex as you might consider. It is just a matter of self-discipline and setting goal as effective as possible. The foremost greater hurdle that people face when trying to save money is to systematize their finances.
How Is A FICO Credit Score Determined? (15)
A longer credit history is better than a shorter one. This is because there is more data to create a pattern of good or bad payments. Inquiries Each time a lender uses your FICO score to make a decision about extending you credit, an inquiry is made to a credit bureau.
Texas Homestead Exemption (16)
Many other states may not have these restrictions. The amount of the loan plus the balance of the first mortgage is not allowed to exceed eighty percent of the property value.
Choosing A Good Financial Recruitment Agency (17)
Good luck in your hunt for a better job in finance. John McElborough writes for Commercial Finance People a specialist financial recruitment agency specialising in banking jobs, asset finance and leasing jobs in the UK, Europe and overseas.
The Top 5 Ways To Build Your Credit Score (18)
- Cosigning on someone else's card can be beneficial also, but only if you and the person you're signing with are responsible. Otherwise, there are potential dangers that will actually lower your credit score.
How To Train Your Eye For Foreclosure Investing (19)
You'll find that there may be a great deal of variance even between neighborhoods that are close together. As you do this with several neighborhoods, you will start to develop skills essential for investing.
Stop Credit Card Debt And Get Your Finances In Order (20)
29.99% compounded daily! Unbelievably, there are many credit card companies that charge 29.99% and even more on their customers' balances and, if that's not bad enough, they compound the interest daily.