Showcasing U.S.-China Local Cooperation: Major Shenzhen Economic and Trade Exchange Forum Held in Los Angeles

Los Angeles, August 16, 2024 (LAPost) – A major economic and trade exchange forum, the “Shenzhen-Los Angeles Economic and Trade Exchange Conference,” was successfully held at the Pacific Palms Resort in Los Angeles. The event was co-hosted by the US Shenzhen Federation and Shenzhen General Chamber of Commerce, with Chinese Consul Peng Jing, and Executive Vice President of Shenzhen General Chamber of Commerce, Liu Junlin, delivering keynote speeches.

(Photo by: Richard Ren/LAPost)

The conference opened with a warm welcome from US Shenzhen Federation President, Ye Dong, who emphasized the shared immigrant culture and innovative spirit between Shenzhen and the United States. Ye expressed her confidence that the exchange would lead to new opportunities and mutual success for both cities.

US Shenzhen Federation President Ye Dong speaks at the Shenzhen-Los Angeles Economic and Trade Exchange Forum. (Photo by: Richard Ren/LAPost)

Peng Jing praised the forum as an important platform for business exchange between Los Angeles and Shenzhen, highlighting the similarities and complementary strengths of both cities as global hubs with bustling ports and strong innovation ecosystems. He called for deeper cooperation in sectors such as green ports, clean energy, cross-border logistics, and cultural and educational tourism.

Peng Jing, Counselor of the Chinese Consulate General in Los Angeles, delivers remarks at the forum, highlighting the importance of bilateral cooperation. (Photo by: Richard Ren/LAPost)

Liu Junlin promoted Shenzhen’s favorable business environment, presenting it as a global innovation hub with a wealth of opportunities. She assured the audience that Shenzhen will continue to provide comprehensive support and optimize conditions for international investment.

Liu Junlin, Executive Vice President of the Shenzhen General Chamber of Commerce, introduces Shenzhen’s business environment and opportunities during the forum. (Photo by: Richard Ren/LAPost)

Representatives from both cities also shared insights into business prospects in their respective regions. Various company leaders, including those from real estate, AI, and finance, discussed topics such as U.S.-China-Mexico trade, the impact of Federal Reserve policies, and AI’s applications in business and healthcare.

The forum concluded with several cooperation agreements being signed between Shenzhen and Los Angeles-based enterprises, laying the groundwork for further economic collaboration.

This event attracted around 220 political and business leaders, entrepreneurs, and scholars from both China and the U.S., fostering dialogue on trade and investment opportunities between the two regions. (By:  Richard Ren/Staff writer/LAPost)