NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Home > News Brief > Guangdong
U.S. firm contracts for purchases
Latest Updated by 2006-11-03 15:50:21
Related News
Canton Fair sees deals rise to 34 bln USD
China Southern Airlines, Boeing sign US$1.842b deal
Three land $21m deals at CHTF
Guangdong News
Guangdong more than doubles aircraft imports
U.S. firm contracts for purchases
Gay organization approved

A U.S. machining company signed agreements to buy products worth up to 100 million U.S. dollars annually from China while on a visit to Guangdong as part of a recent trade mission organized by the city government of Ontario, California.

Metric Machining, a 33-year-old screw machine manufacturer based in Ontario City, set up an office in Shenzhen on Thursday, said Henry Wang, China representative of Ontario City Government.

"The annual turnover of the office is expected to reach 100 million dollars," said Wang. "It (Metric Machining) is planning to expand the Shenzhen office next year, and will move 90 percent of its production to China, leaving only its U.S. factory to fulfill urgent orders and prototype products development," he said.

Metric Machining signed agreements with three Shenzhen companies and one Dongguan company to buy precision machine parts from them during the Oct. 18-19 trade mission led by Kelly Marks, the city's economic development manager, according to Wang.

The city of Ontario has been leading the United States in promoting international trade, said Wang. In 2003, the city government organized the first trade mission to China, and in March this year, it opened a China representative office in Shenzhen to help its companies explore trade possibilities in China. The century-old city is the first U.S. city of its size to set up a representative office in China.

The October trade mission was the third of its kind from the city, which has a population of 170,373 and an area of nearly 130 square kilometers, roughly equal to that of Nanshan District.

Editor: Yan

By: Source: Szdaily web edition
Previous:  Guangdong more than doubles aircraft imports  Next:


Emergency drill staged in Shenzhen


Mountain climbing festival opens


Chen Family Ancestral Hall in Guangzhou


Foshan 1st ring expressway to open to traffic


Hannah to speak out about sex slavery
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips