“...I have never worked on a country where the eagerness to learn was greater than in China”

Pieter Bottelier, Former Chief of Mission, China, World Bank (1993-1997)

 2010 marks the 30th anniversary of the China-World Bank Group partnership—a partnership that has made an important contribution to shaping China’s modernization and development.

Minnesota export trends turned around in the first quarter of 2010, gaining 17 percent from the same period a year ago – the first year-over-year quarterly increase since the third quarter of 2008. The state exported US$3.9 billion in manufactured exports in the first quarter of 2010, representing a gain of US$569 million from the first quarter of 2009.

Minnesota's exports grew slightly less than U.S. manufactured exports, which gained 20 percent during the same period.

The third WTO Review of China’s trade policies and practices and their impact on the functioning of the multilateral trading system took place in Geneva on 31 May and 2 June 2010.

By Greg Hugh, Staff Writer

A contingent representing the tourism industry of Minnesota recently attended the China Outbound Travel and Tourism Market (COTTM) held in Beijing, China. COTTM is the only business show dedicated to the China outbound travel and tourism industry.

Now in its 6th year, COTTM has become a firm fixture in the industry calendar. Over 200 exhibitors from 50 countries attended to showcase their destinations, travel products and services to a high number of Chinese hosted buyers. COTTM 2009 visitor numbers were up nearly 5 percent to a staggering 3,258 – all eager to secure the best destinations and deals for the Chinese outbound market.

The Chinese outbound market is growing at a phenomenal rate. China’s outbound tourism market is expected to exceed 51 million tours in 2010; a rise of 7 percent from 2009.   As the Chinese economy continues to grow (up 9 percent in 2008) and private incomes increase, traveling abroad is now becoming a regular part of Chinese life. The World Tourism Organization predicts that China will be the fourth largest source of outbound tourists by 2020 with a predicted 100 million travelers per year.

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(left to right) Doug Killian, Director Tourism, Mall of America; Paul Sherburne, International Marketing Manager, Explore Minnesota Tourism; Melody Zhou, General Manager, CIAC Travel, Inc.; Daniel O’Neil, Vice President of Strategy and Sales, Bloomington Convention & Visitor Bureau

COTTM provided the National Tour Association, USA (NTA) and its American pavilion members with an excellent way to meet Chinese outbound companies. As NTA’s member, CIAC Travel exhibited at the 2010 COTTM in Beijing with Explore Minnesota, Mall of America, and Bloomington Convention & Visitor Bureau. The delegation included Ms. Melody Zhou, General Manager of CIAC Travel; Mr. Douglas Killian, Tourism Director of Mall of America; Mr. Paul Sherburne, International Marketing of Explore Minnesota; Mr. Dan O’Neill, Vice President of Bloomington Convention & Visitors Bureau.

Prior to the opening of  COTTM, the delegation met with the largest tour operator in China – China Travel Service, and had successful meetings with general managers of outbound U.S. department and MICE department. The delegation also hosted a dinner at the Presidential suite of Raffle's hotel Beijing. The following guests were in attendance: Mr. Sandeep Bahl, China Director of Delta Airline; Mr. Hanxing Gu, Vice President of CITS (China International Travel Service Ltd), Mr. Hui Wang, General Manager of Beijing Baosheng Air Service Co. Ltd. Ms. Hua Ren, Producer of CCTV International. During the dinner different ways and opportunities to promote Minnesota as a destination were discussed. 

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(Left to Right) Doug Killian, Daniel O’Neil, Sandeep Bahl, Director of China & Hong, Kong, Delta Airlines; Melody Zhou, Jeffrey Hammerly, International Tourism Manager, Travel Portland; Paul Sherburne

 

Cash for new plants, major expansion of research and development
 
By Ding Qingfen (China Daily)
 
SHANGHAI - PepsiCo, the world's second-largest food and beverage company, announced on Friday it would make an additional investment of US$2.5 billion in China over the next three years, a move indicating the company's growing confidence in the massive market.

By Andrew Moody, China Daily
 
BEIJING - Is it too late to enter the China market? Foreign companies have long seen the country with its 1.3 billion people as a potential bonanza. But have those foreign companies who have yet to make their move missed the boat?

By Albert Leung, Staff Writer 
 
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For curious internet users in mainland China looking to find information on the Web, they can no longer can say they “Google-it.” The search engine giant pulled out of the Chinese market this past March citing their refusal to continue censoring and filtering search engine results for the Chinese government and accuse China of attempting to hack into their infrastructure. 

May Meeting
The topic of the UCBC May monthly breakfast meeting on May 5, 2010, will be The Politics of China’s Power to be presented by Ron Bosrock of Global Institute.
Mr. Bosrock will explore two of the main pillars of China's rise as a global economic power: its politics and its military. The "China mentality" that guides its growth goes well beyond being a Communist state. The extensive planning, acceptance of internal "mistakes", opening and closing of markets, nationalistic attitudes and much more are choreographed into a delicate martial arts dragon dance. Within that dance are steps leading to opportunities for American business.

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About

CHINAINSIGHT (CI) is published monthly ((except July/August and November/December are combined) by China Insight, Inc., an independent, privately owned company started in 2001 and headquartered in the Twin Cities area of Minnesota.

CHINAINSIGHT is the only English-language American newspaper to focus exclusively on connections between the United States and the People’s Republic of China (PRC).

Our goal is to develop a mutual understanding of each other’s cultures and business environments and to foster U.S.-China cultural and business harmony.