The US State of New Jersey invited companies to a business mission from Shandong Province, China visiting Newark, New Jersey on Monday, November 23, 2009. The mission consisted of representatives from provincial and municipal governments and business executives from cities of Jinan, Heze, Zaozhuang, Rizhao, Weifang, and Qingzhou in the province.
The Shandong delegates were seeking cooperation with US companies in trade and investment. The delegation included the following industries: chemical, petrochemical, construction,
textile, papermaking, and fertilizer.
Located in China’s most developed east-coast region, Shandong offers a large consumer market potential of 94 million people. China’s 2nd largest economy, Shandong has been maintaining an economic growth rate of more than 10% for 18 consecutive years.
Shandong provincial government is currently promoting business cooperation in areas of hi-tech, advanced manufacturing, environmental protection and service industries, as well as encouraging Shandong-based companies to establish presence overseas.
Information and image source: New Jersey Economic Development Authority