ON ONE HAND: GROWING CHINESE INVESTMENT IN THE BAY AREA MEGAREGION
As business and economic connections deepen across the Bay Area megaregion so do opportunities to attract greater foreign direct investment in everything from infrastructure to agriculture. The Bay Area Council’s China Initiative team highlighted those opportunities during a recent meeting with business leaders from the Greater Sacramento Economic Council (GSAC). The Council described its more than 10 years of experience building robust ties between China and the Bay Area and outlined how we can leverage the inbound services we offer to bring new investment in such booming sectors as agriculture, biotechnology, and manufacturing.
GSAC’s board of Sacramento CEOs and elected officials agreed that cooperating with the Council to attract and direct Chinese investments aligned with the broader joint megaregional strategy, which argues for improving economic development structures that cross regional lines. To this end, the Council is excited to work more closely with GSAC President and CEO Barry Broome to maximize opportunities for our intertwined economies. For more information about the Council’s work in China and inbound investment services, please contact Global Initiatives Manager Laurent Arribe.