California Business Portal

California ranks first in GDP among US states, placing it at the 1×1 pole position within the G8x8 territories. In 2016, California took a share of 14.1% of the USA total GDP. This was worth $2,602,672 million or 2.6 trillion US Dollars, just as much as the GDP of the United Kingdom (ranking 5th among countries).

The official California website promoting international trade and investment is found at http://www.businessportal.ca.gov. Their address is

1325 J St., Suite 1800
Sacramento, CA 95814

And their telephone: +1 877 345-4633

 

California – Osaka Partnership

California and Osaka are both G8x8 territories. The former is ranking first in GDP among US states, placing it at the 1×1 pole position. Osaka ranks second among Japanese prefectures to take the 3×2 field on the board. In 2016, California took a share of 14.1% of the USA total GDP. This was worth $2.6 trillion US Dollars, just as much as the GDP of the United Kingdom (ranking 5th among countries). Osaka posted a GDP share of 7.3 percent of Japan’s national total.

Governor Edmund G. Brown Jr. met with Osaka Governor Ichiro Matsui in Sacramento, to sign a memorandum of understanding to further strengthen California’s relationship with its sister-state in Japan. The leaders discussed trade, investment, tourism and education and cultural exchanges between California and Osaka Prefecture. They also shared their commitment to combating climate change. Full text:

Memorandum of Understanding On Friendly Exchanges and Cooperation Between The State of California, United States of America And Osaka Prefecture, Japan

At the invitation of Mr. Edmund G. Brown Jr., Governor of California, Mr. Ichiro Matsui, Governor of Osaka Prefecture, led an official delegation to visit Sacramento, California on June 11, 2013. During this visit, Governor Matsui and Governor Brown held friendly talks and reviewed the cooperation between the two sides since the establishment of the sister-state relationship in 1994. Both agreed that Osaka Prefecture and California are economically complementary and that there exists significant potential to advance and strengthen economic and social ties.

California has the highest Gross State Product in the United States of America and is the ninth largest economy in the world. Osaka Prefecture has a population of 8.8 million and is the 29th largest economy in the world. Accordingly, both governments agree:

  1. To support and encourage economic and trade cooperation between California and Osaka Prefecture in the following key areas:
    • clean energy
    • environmental protection
    • information technology
    • bio-tech
    • manufacturing
    • tourism
  2. To support and encourage cooperation on reducing greenhouse gas emissions and promoting low carbon development.
  3. To support and encourage their people and governments to further develop interpersonal contacts and exchanges, and to promote mutual understanding and friendship.
  4. To promote exchange programs between universities and other educational institutions.
  5. That California will designate the Governor’s Office of Business and Economic Development and that Osaka Prefecture will designate the International Affairs Division to coordinate trade and investment relations between Osaka Prefecture and California.

This Memorandum of Understanding was signed in Sacramento on June 11th, 2013 in the languages of English and Japanese in duplicate, each party holding one; both texts being equally authentic.

Information Source and Photo Credit: Justin Short, Office of the Governor.