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The Dragon Decade: Alaska-China Trade and Investment

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Dear WTCAK Members and Friends of the Center:
 

We've called it the Dragon Decade. We've also described it as the rise of Alaska's China Era. For the past ten-plus years, the remarkable expansion of Alaskan exports to China has been the dominant story for the state's international trade economy. From $103 million in 2000 to $1.3 billion last year, the second-highest level so far. The growth in exports to the Middle Kingdom is unprecedented. As a result, China has become Alaska's number one trading partner.

I've been in this business for nearly 25 years; we have never seen a major market for Alaskan exports grow as fast, and to such a sum, in as short of period as we have experienced with China.
 

And, for as impressive as it has been so far, the future holds enormous opportunities for Alaska to expand these exports and attract Chinese investment participation in major development projects. World Trade Center Alaska has been at the forefront of informing Alaskans about trade and other business opportunities with the Middle Kingdom for more than a decade. In addition to the "one-on-one" trade counseling provided to companies, we have led three trade missions to China and conducted eight annual Alaska-China Business Conferences. We have also published a steady stream of articles and special reports to keep Alaskans updated.

Below, please find links to a wide variety of resources you can utilize to explore and pursue business opportunities in China. We know these organizations very well, and have worked with them for years. WTCAK stands ready to work with you to participate in the China trade. Feel free to contact me with any questions or to arrange a meeting to discuss your particular business interests.

Best Regards,

Greg Wolf

Executive Director


World Trade Center Alaska makes trade happen for your company in China!

Exclusive Market Research

"China-Ready" Test

WTCAK Network at Home and in China

China Trade Mission Success

WTCAK Annual Alaska-China Business Conference



WTCAK China Market Research & Publications



 
Alaska Business Monthly - February 2012
Working with China, Alaska's growing export partner by Alex Salov, WTCAK's Business Operations Manager


 

Alaska's "China Era" Continues To Prosper (February 2011)


 
Alaska Business Monthly - February 2013
Interview with Greg Wolf, WTCAK's Executive Director


In order to determine your company's readiness to do business in China, The U.S. Commercial Service in China developed a test. Please click on the link below to check if your company is ready to do business in the Middle Kingdom.

Are you China ready? Take the test.


Get Your Own China Business Handbook:


WTCAK Partners at Home and in China:

In order to provide Alaskans with the highest level of international business information and assistance, WTCAK has established a wide variety of partnerships and close working relations with government and private sector organizations both at home and abroad. Domestically, we have long-standing, effective partnerships with the State of Alaska, the U.S. Department of Commerce, and the University of Alaska. Overseas, we have formalized working ties with trade development agencies, private sector industry associations, and a range of other relationships that we have established in order to keep abreast of business developments and opportunities that Alaskans can explore and pursue.

Below is the list of some of our partners:


 

 

The following offices of the U.S. Commercial Service in China are ready to assist you:

U.S. Commercial Service - Beijing

(Covers provinces of Beijing, Tianjin, Hebei, Shandong, Shan'xi, Henan, Shaan'xi, Jiangxi, Ningxia, Gansu, Qinghai, Xinjiang) 

U.S. Commercial Service - Chengdu
(Covers provinces of Chongqing, Sichuan, Yunnan, Guizhou, Tibet) 

U.S. Commercial Service - Guangzhou

U.S. Commercial Service - Hong Kong

(Covers provinces of Guangdong, Guangxi, Fujian, Hainan, Hubei, Hunan)

U.S. Commercial Service - Shanghai
(Covers provinces of Shanghai, An'hui, Jiangsu, Zhejiang)

U.S. Commercial Service - Shenyang
(Covers provinces of Heilongjiang, Jilin, Liaoning , Inner Mongolia)

For more information or to learn more about U.S. Commercial Service work in China, please contact WTCAK or visit the following website:

http://export.gov/china/

Currently, there are 26 World Trade Centers in China

- Your Membership with WTCAK provides reciprocal benefits from:
World Trade Center Beijing
World Trade Center Binzhou
World Trade Center Changzhou
World Trade Center Chongqing
World Trade Center Erdos
World Trade Center Guangzhou
World Trade Center Hong Kong (AF)
World Trade Center Hong Kong Intl. Airport
World Trade Center Jiaxing
World Trade Center Kunming
World Trade Center Macau
World Trade Center Nanjing
World Trade Center Nansha
World Trade Center Qingdao
World Trade Center Quanzhou
World Trade Center Shanghai
World Trade Center Shenzhen
World Trade Center Tianjin
World Trade Center Wenzhou
World Trade Center WuXi
World Trade Center Xi`an
World Trade Center Xuzhou
World Trade Center Yiwu
World Trade Center Zhejiang, Hangzhou
World Trade Center Zhengzhou
World Trade Center Zibo

The number of WTCs in China is constantly growing - please visit the World Trade Center Association's website for more information on the Centers and their services:

http://www.wtcaonline.com/cms_wtca/

 

Since its inception in 2008, WTCAK has been working closely with the UAA Confucius Institute. Representatives from the Institute participate in our events and Greg Wolf, the Executive Director of WTCAK, also serves on the board of directors of the Institute.

The UAA Confucius Institute promotes understanding of Chinese language and culture; introduces K-12 instruction in Mandarin Chinese language and culture; serves as a regional center for Chinese teacher training and Chinese curriculum development; helps address needs of the business community and the general public; and builds connections and partnerships between Alaska and China.



Please click on the link below to view the latest updates from the Institute and participate in their programs:

http://www.uaa.alaska.edu/ci/














 

One of the organizations that we work closely with is the Hong Kong Trade Development Council (HKTDC). The Council, headquartered in Hong Kong, but with 40 offices around the world, is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. Their activities are geared toward small and medium-sized companies. We have worked with the Council for many years and on our trade mission to Korea and China last December had a meeting with the head of overseas promotions at their headquarters. We also interact frequently with the Council's office in Los Angeles.

Among the many activities and services offered by the HKTDC, they produce a highly informative, interactive e-newsletter called the Hong Kong Trader. Through a special arrangement with the Council, today we want to offer our members and friends across the state with the opportunity to subscribe to the free newsletter. It is a very useful tool to learn more about business opportunities in Hong Kong and the rest of China.

Please click on the link below to view the latest issue of the Hong Kong Trader e-newsletter:

http://www.hktdc.com/info/mi/hkti/en/index.htm

If you would like to subscribe, please follow the link below:

http://info.hktdc.com/enews_en/index.html


WTCAK works closely with the Consulate General of the People's Republic of China in San Francisco and the Hong Kong Economic and Trade Office (HKETO) in San Francisco. Both of these organizations can provide assistance to American companies exploring business opportunities in China. They also participate in WTCAK's Annual Alaska-China Business Conference and other China-related programs. The Consul General of China, the Hong Kong Commissioner for Economic and Trade Affairs and their staff have traveled to Alaska several times to be featured speakers at our China Conference and other events. The Consulate General in San Francisco provides visa services to Alaskans traveling to China. 

For more information please visit the Consulate General's website:
www.chinaconsulatesf.org/eng/
or HKETO's website:
www.hketousa.gov.hk/usa/index.htm


Boots on the Ground: WTCAK Trade Missions to China

Several participants of our 2009 Trade Mission to China at the Hong Kong Trade Development Council Office (HKTDC) from left to right: Dr. Yong Cao, UAA; Greg Wolf, WTCAK; Senator Lyman Hoffman; Senator Linda Menard; Iris Wong, Head of Overseas Promotions, HKTDC; Representative Kurt Olson Some members of the 2011 Trade Mission to China at the China Commerce Group for International Economic Cooperation (CCIEC) from left to right: Alex Salov, WTCAK; Ryan Gilbert, Alaska Small Business Development Center; Chen Yu, President, CCIEC; Terry Clark, Alaska Glacier Products; Greg Wolf, WTCAK; CCIEC staff

WTCAK has conducted several trade missions to China. The stops included Beijing, Hong Kong, and Shanghai. Many Alaskan business and government leaders participated and a number of business opportunities have developed as a result of these missions. To join one of the next trade missions, consider joining WTCAK. For more information please visit www.wtcak.org

WTCAK Annual Alaska-China Business Conference

Seven years ago we conducted the 1st Alaska-China Business Conference. Since then Alaska's trade with China has more than quadrupled and reached a record high $1.4 billion in 2011. Each year a group of experienced "China-Hands" gather in Anchorage to give their presentations at the conference. Among the speakers are U.S. and Chinese government officials, local businesspeople that share their experiences with "from the trenches" reports, academic faculty members presenting their research, and many others. WTCAK's Alaska-China Business Conference is one event that a person interested in China should not miss. The 2012 Conference took place at the Hotel Captain Cook on December 11, 2012. Stay tuned for the 2013 conference date!

Download sample presentations from 2012 Alaska-China Business Conference

******************

"Serving Alaska's Business Community Since 1987"

 

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