WEDC plans trade venture to China

Posted on Nov 25, 2019 :: Insight on Business, Web Exclusive
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Posted by of Insight Publications

The Wisconsin Economic Development Corp. is planning a global trade venture to China to help connect state businesses with potential buyers, distributors and other partners in the Chinese market.

The Chinese economy is the world’s second largest and the country has the world’s fastest-growing middle class. In 2018, China imported more than $120 billion worth of U.S. products, including $1.6 billion state businesses.

Chinese customers have a strong affinity for U.S.-made products since they consider those products to be of high quality. Even with recent tariff concerns, the demand for U.S-made goods in China remains strong

The WEDC trip is scheduled from April 10-22 with the organization arranging logistics, interpretation and lodging.  The trip will include stops in Shenzhen, Shanghai and Beijing and each participant will receive market intelligence specific to his or her company and information on what to keep in mind when introducing the Wisconsin product or service. Guidance on Chinese business culture and etiquette will also be provided.

For more information on the trip, please click here.