China (Zhuhai) – U.S. (Los Angeles) Economic and Trade Exchange Successfully Held

Los Angeles, September 19, 2024 (LAPost) — The “China (Zhuhai) – U.S. (Los Angeles) Economic and Trade Exchange” was successfully held at the Sheraton San Gabriel Hotel in Los Angeles. The event was organized by the Zhuhai Municipal Bureau of Commerce, co-hosted by the Zhuhai Chamber of Import and Export and YK Law LLP, and supported by the YK Global One-Hour Legal Service Ecosystem · Zhuhai Foreign Affairs Center. The purpose of the exchange was to build a cooperative platform between businesses in Zhuhai and Los Angeles, promote Zhuhai’s unique city features and investment environment to Southern California enterprises, and it yielded fruitful results.

From left: Consul Zhang Jian, Counselor Peng Jing, Deputy Mayor Li Chong, Deputy Director Cai Han (By: Richard Ren/LAPost)

The exchange commenced with Mr. Zhai Ming, Deputy Director of the Zhuhai Municipal Bureau of Culture, Radio, Tourism, and Sports, as the host. The event attracted numerous representatives from both Zhuhai, China, and Southern California. Distinguished guests included Peng Jing, Commercial Counselor at the Chinese Consulate General in Los Angeles; Zhang Jian, Consul at the Economic and Commercial Office of the Chinese Consulate General; Li Chong, Vice Mayor of Zhuhai; Shen Yan, Director of the Zhuhai Bureau of Commerce; California San Gabriel Councilmember Tony Ding; former Mayor of Monterey Park, Stephen Lam, Chairman of the American Guangdong-Hong Kong-Macao Bay Area Entrepreneurs Association; and Henry Li, Managing Partner of YK Law LLP and Executive Committee Member of the Los Angeles County Bar Association’s International Committee. Business leaders and representatives from trade associations from both Zhuhai and Los Angeles also attended.

(By: Richard Ren/LAPost)

Zhuhai’s Vice Mayor, Li Chong, delivered the opening speech, highlighting that Zhuhai, one of China’s first four special economic zones, is a key part of the Guangdong-Hong Kong-Macao Greater Bay Area. Since Zhuhai and Redwood City, California, became sister cities in 1993, both sides have achieved significant success in economic, cultural, and tourism cooperation. This event aimed to further strengthen these ties, deepen cooperation opportunities, and advance economic exchanges amidst the Greater Bay Area’s development, fostering mutual benefits for both regions.

Speeches from Tony Ding, Stephen Lam, and He Weidong followed, all emphasizing their optimistic outlook on Sino-American trade cooperation. They called for business leaders on both sides to strengthen communication, seek further business collaboration, and lay a solid foundation for the long-term development of businesses in both regions.

(By: Richard Ren/LAPost)

Henry Li, Managing Partner of YK Law LLP, gave an in-depth presentation on the U.S. business and investment environment, providing attendees with a comprehensive understanding of the American market’s commercial and legal landscape. He highlighted legal issues, potential risks, and trends in regulations that cross-border e-commerce companies face when entering the U.S. market. Drawing from his extensive legal experience, Mr. Li offered valuable insights on market entry and risk management for businesses operating in the U.S.

Mr. Shen Yan, Director of the Zhuhai Bureau of Commerce(By: Richard Ren/LAPost)

During the entrepreneur presentations and open discussion, representatives from Zhuhai and Los Angeles engaged in vibrant conversations, exchanging unique experiences and ideas in their respective fields, sparking numerous cooperation opportunities and business ideas. Mr. Shen Yan, Director of the Zhuhai Bureau of Commerce, focused on promoting Zhuhai’s economic development, livability, and talent development strategies, receiving high praise from attendees.

(By: Richard Ren/LAPost)

The exchange not only showcased the charm and development potential of both Zhuhai and Los Angeles but also provided valuable opportunities for direct dialogue between businesses. YK Law LLP, as one of the event’s organizers, remains committed to serving Chinese and American enterprises, facilitating cross-border collaborations through legal and commercial structures. We look forward to working with more companies and institutions to support the long-term growth of U.S.-China economic and trade relations, writing a new chapter of cooperation between the two nations.

(By: Richard Ren/LAPost)