ChinaMart Los Angeles, TopTenWholesale, Manufacturer.com and Key Sponsors Host China Vice President Xi Jinping and Delegation at Seminar Event in Los Angeles
ChinaMart® Los Angeles and TopTenWholesale.com bring key sponsors to host Match Making Seminar for China Vice President Xi Jinping and delegation in Los Angeles to promote trade between the two countries.
LOS ANGELES, CA – February 8, 2012 –ChinaMart® Los Angeles is proud to announce its key sponsors for a Seminar Event hosting China Vice President Xi Jinping and business delegation in a visit to Los Angeles ? PMF Bancorp, TopTenWholesale.com, Manufacturer.com, ASD Tradeshow, Magic Sourcing, Mitchell Silberberg & Knupp LLP, Pepperdine University’s Graziadio Business School, LA City World Airports and The World Trade Center Los Angeles-Long Beach (LAEDC/Los Angeles County).
Positioned as China’s next president, Vice President Xi Jinping is coming to Los Angeles in an effort to build and maintain political and business relationships. “No matter what changes affect the international situation, our commitment to developing the Sino-U.S. cooperative partnership should never waver in the face of passing developments,” said Vice President Xi at a meeting in Beijing in January 2012.
While Xi Jinping arrives with a political delegation to help enhance diplomatic ties, ChinaMart Los Angeles has been tasked to host his business delegation in order to enhance investment and trade with increasing exports from the US to create a more balanced trade between the two countries.
“ChinaMart’s focus is to attract Chinese investment in the US by creating a one-stop platform for all the necessary components needed to setup a company in the US. “We have been doing this successfully for many Chinese companies since our debut at the Canton Fair in 2007,” said Mr. Stephen Perl, CEO of ChinaMart. “The Chinese government would not have given ChinaMart an official launch if it did not believe in the importance of Chinese companies investing in the US. In fact, the Chinese government’s official stance is to promote its ‘Go Abroad Policy’ which is designed to find ways to assist Chinese companies to expand globally,” states Mr. Perl.
“In terms of GDP, Los Angeles County alone represents the 18th largest economy in the world,” stated Mr. Vance Baugham, the President of the World Trade Center Los Angeles-Long Beach (Los Angeles County).
ChinaMart® CEO Stephen Perl was tasked to host and organize Vice President Xi Jinping’s business delegation track, which begins February 16th with a business mixer and match-making session to promote US exports and imports. The Match Making Seminar will be managed by ChinaMart®’s partners, Manufacturer.com and TopTenWholesale.com, led by CEO Jason Prescott provide ChinaMart® an unmatched online portal for its Chinese clients to sell to 1000s of USA Wholesalers.
“Manufacturer.com and TopTenWholesale.com are the USA’s leading wholesale and manufacturing trade platforms. It’s very exciting to have the opportunity to bring together some of the United States’ largest importers with China’s leading exporters,” said Prescott.” We have been doing business in China for many years. Our platform remains a bridge not only for business, but for governments in China and the USA looking to improve economic and professional trade relations,” he added. Mr. Prescott visited Beijing in December 2011 to execute a Memorandum of Understanding between Jiaozhou and Los Angeles which promises to create jobs and bring new office leasing to Los Angeles from Chinese manufacturers.
For more information on the Match-Making Seminar February 16 at ChinaMart® Los Angeles, please go to TopTenWholesale.com to Register for the Event.
The second portion of the ChinaMart® Seminar will be held the same day at Pepperdine University’s Business School at the Howard Hughes Campus where the Dean of the Graziadio’s Business School, Linda Livingstone, PhD, will introduce Dr. Terry Young, the Chairman of Pepperdine’s Economics Department, who will make a presentation to Vice President Xi Jinping’s business delegation. Dr. Young will speak on US- China Trade relations and the current economic situation between the two countries.
With a strong focus on trade and trade finance, Chinamart® and its key partners, TopTenWholeSale.com, Manufacturer.com, and PMF Bancorp, respectively, have had long standing business ties with China and have the resources to power US imports and exports in the United States and our Southern California region of Los Angeles.
In recent speeches, Vice President Xi Jinping has stressed that China’s “core interests” should be respected, but there is much room for financial and business cooperation between China and the United States. Mr. Perl agrees wholeheartedly and expressed his faith in the economic future of both countries. “I am so proud to be chosen to help host this visit by the progressive Chinese Vice President Xi Jinping because it symbolizes a future of ongoing trade, relations, and the prosperous future growth in our two great countries,” said Perl.
ABOUT 1ST PMF Bancorp ™
1st PMF Bancorp, a leading private US commercial bank lender, specializing in providing working capital for small to mid size businesses in the US and China. With head offices in Los Angeles and branches throughout China, PMF has been a direct lender since 1985 specializing in trade financing. PMF Bancorp’s unique “Supply Chain Trade Finance Program” provides specialized financing, and infrastructure support for businesses growing with international financing requirements. PMF Bancorp also provides a host of credit management services to reduce a company’s risk of selling domestically and internationally.
ABOUT ChinaMart® USA
The ChinaMart® USA with its flagship 300,000 sq ft location at Los Angeles International Airport (LAX) is the only international business platform in the United States of its kind to specialize in attracting Chinese investment to the US with a unique One-Stop Service Program. ChinaMart’s One-Stop Services integrate the Chinese company’s US branch and immigration setup, warehousing, logistics, personnel, and marketing strategies into one package. ChinaMart is a trade platform assisting with imports as well as US exports to China. For more on our programs, please visit our website.
ABOUT TopTenWholesale.com and Manufacturer.com
TopTenWholesale.com and Manufacturer.com are the USA’s largest trade platforms that connect buyers of all types with wholesalers, importers and manufacturers. Over 3,000,000 community members use the online platforms to source products from over 190 different countries. The company is headquartered in Los Angeles, CA and was founded in 2005 by CEO Jason Prescott.
As the producer of the nation’s largest merchandise trade shows, Nielsen Expositions provide a portfolio of innovative face-to-face and online products for the wholesale trade industry. Founded in 1961, the ASD trade show continues to develop new solutions to provide Buyers and Sellers the most comprehensive marketplace in today’s dynamic retail environment. ASD product portfolio connects Sellers from manufacturing to wholesale distribution with Buyers from independent retailers to international chain stores.
In conjunction with ASD, Magic Sourcing will also be sponsoring the Supplier Match Making sessions and breakfast to greet the VIP delegates of Mr. Xi’s delegation.
Every August and February, the fashion industry converges in Las Vegas for the most influential event in the business – MAGIC. As an incubator of fashion, MAGIC is where new trends surface and develop into what will be seen on the consumer. The show’s goal is to connect and inspire the fashion community. The February 2012 MAGIC will run from February 13 – 15, 2012. For up-to-date exhibitor listings, seminar scheduling, travel support and registration information please visit MAGIC SHOW LAS VEGAS.
ABOUT 1ST PMF BANCORP ™ : 1st PMF Bancorp, a leading private US commercial bank lender, specializing in providing working capital for small to mid size businesses in the US and China. With head offices in Los Angeles and branches throughout China, PMF has been a direct lender since 1985 with specialty in trade financing. PMF Bancorp’s unique “Supply Chain Trade Finance Program” provides specialized financing, and infrastructure support for businesses growing with international financing requirements. PMF Bancorp also provides a host of credit management services to reduce a company’s risk of selling domestically and internationally.
Cynthia Liu, US-China Liaison
+1 (310) 858-6696 x203
Christina Ku, VP of Operations
China Mart Los Angeles