The excitement of "Qianhai fever" has reached Wall Street! Recently, the Qianhai Economic and Trade Delegation from Shenzhen arrived in New York, embarking on a series of economic and trade cooperation exchanges across New York, San Francisco, and Tokyo.
As a key region bridging the Chinese mainland and the United States, Qianhai has witnessed remarkable progress in bilateral investments. By early 2024, US-based enterprises in Qianhai totaled 155, with investments reaching 302 million U.S. dollars. Conversely, Qianhai companies have established 61 direct investment enterprises in the US, amounting to 1.298 billion dollars, with actual investments of 783 million dollars. Notable projects include Amazon's first global innovation center and Walmart's largest Sam's Club in the Guangdong-Hong Kong-Macao Greater Bay Area.
This visit marks Qianhai's first economic and trade mission to the US since 2020, reflecting the renewed consensus between Chinese and American leaders. It has garnered significant attention from American businesses and academics.
The delegation's inaugural event in New York, the "2024 China Shenzhen (Qianhai) - New York Economic and Trade Cooperation Exchange," was a resounding success. The attendance exceeded expectations, with entrepreneurs eagerly sharing their insights. Many, like Justin Lorino of First Strike Capital and Dimitri Wallace of Gold Minds Global, expressed interest in exploring Qianhai for broader market opportunities.
With the strengthening economic ties between China and the US, enterprise cooperation is gaining momentum. Qianhai, as a bridge between the two economies, is poised to play a pivotal role in fostering future collaborations.
Reporter | Cai Minling, Zhangwei
Editor | Nan, Abby, Holly, James
