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Economic Development Corporation Welcomes Chinese Delegation

EDC President and CEO Jim Coleman (center) with EDC Chief of Staff Britta Vander Linden, EDC International Business Development Specialist Isabelle Wang, County DCAO David Iannucci, and International Business Development Director Martin Ezemma with the Qinghai Province Delegation from ChinaLargo, MD, July 15, 2016 - Today, the Prince George’s County Economic Development Corporation (EDC) impressed a 24-member delegation of top government officials from the Qinghai Province of China who were interested in hearing about the best practices the EDC utilizes to optimize international business development in Prince George’s County.  EDC President and CEO Jim Coleman, along with County Executive Baker’s Deputy Chief Administrative Officer David Iannucci spoke with the Delegation about what Prince George’s County does to promote the development of small and medium sized companies, the success of the County’s prior trade missions to China and how important international trade missions are for the local economy, and about County Executive Baker’s 4-point international plan, which includes preparing and enabling local companies to export their goods and services to the world. 

“Prince George’s County Executive Rushern Baker, Mr. Coleman and I all value the intentional interactions with delegations such as this one from Qinghai,” said Iannucci.  “These types of connections with delegations from around the world, and particularly from China, are critical to our human connection and our mutual economic growth. We want to spur economic growth by using international trade and foreign investment as a way of growing our tax base and creating jobs in our County.”

Mr. Coleman shared with the Delegation how the EDC is utilizing County Executive Baker’s international business development initiative to bring investment, business and jobs to Prince George’s County.

“We are honored to have the Qinghai Province Delegation with us today to share best practices on how to generate more economic involvement between our respective companies,” said Coleman.  “Helping our neighbors in targeted, high-growth countries do business in Prince George’s County is exactly what County Executive Baker’s ‘Prince George’s International!’ initiative directs us to do here at the EDC.  Our goal is to generate $100 million in new revenue for our local businesses, both domestically and internationally.  Hosting international delegations is a big part of achieving this goal. This Win/Win’ combination can grow our economy and make all of our businesses and residents sustainable far into the future.”

The Delegation was also treated to an exclusive overview of Prince George’s County and the EDC’s China Business Center in Mandarin by EDC’s International Business Development Specialist Isabelle Wang, a native of Fujian, China.

“More and more, Chinese delegations are looking to Prince George’s County to expand their international footprint, which fits in with the mission of Prince George’s County becoming the ‘Gateway to the U.S.’,” said Wang.  “Qinghai is exploring international markets and looking for future cooperation between Chinese and U.S. governments.  Learning about Prince George’s County will provide the Delegation with great opportunities to introduce Chinese businesses to the American market and promote economic activity.”

At the conclusion of the presentation, the Delegation took a guided tour of the EDC’s China Business Center/Accelerator.

“We are very appreciative of the Prince George’s Economic Development Corporation for hosting this meeting. It has been really successful,” said Vice Mayor Wang Jianfeng, the People’s Government of Xining City, Qinghai Province. “The main purpose of the Delegation’s visit was to learn from a public administration perspective.  What we will share from today’s experience, through our Chamber of Commerce is your focused support for small and medium sized businesses and the services and environment you are creating for the local economy. This is a great beginning.  We will have further cooperation with each other by bringing new clients to your international business center, and also have your businesses come to Qinghai.”

Last year, County Executive Baker led a 22-member trade mission to China, which included 13 business owners, many of whom brought back successful business partnerships.  In addition to the mission, Mr. Baker launched a global marketing initiative entitled “Prince George’s International!” to showcase Prince George’s County as an international investment destination and the center of international commerce. Today’s delegation visit is a component of “Prince George’s International!”; a four-point, long term plan geared toward positioning Prince George’s County to be the Gateway to the U.S. Market, which highlights the importance of partnering the local and international business community to prepare and enable them to export goods and services to the world.

Over the next four months, the EDC will be hosting mutual international briefings with the embassies of South Africa, Canada, Nigeria, China and Mexico. Companies interested in growing revenue through international trade, gaining market leads on lucrative business opportunities, connecting with international trade resources through the Maryland Department of Commerce and the U.S. Department of Commerce should join us on July 21st for the Embassy of South Africa Briefing at EDC headquarters, 1801 McCormick Drive, Suite 350, Largo, MD 20772. 

To reserve your seat for this exciting and informative event, go to our website www.pgcedc.com/events.

For more information on international business development or the China Business Center, contact Pradeep Ganguly (pganguly@co.pg.md.us) or 301-583-4650 or go to our website www.pgcedc.com.