Gov. Rick Perry joined other members of the Texas delegation Wednesday at a seminar teaching the intricacies of doing business in China.
"As the Texas economy continues to thrive, our state is creating new jobs and attracting new businesses, both domestic and international, with our favorable economic and regulatory climate," Gov. Perry said. "China will continue to grow in importance in the years to come, so we must prepare our cities, business leaders, universities and economic development organizations to relate to this essential trading partner."
The seminar covered a variety of topics, including investment strategy, Chinese investment policy, and the legal aspects of doing business in China. Participants included Texas Comptroller Susan Combs and officials from several U.S.-based investment, sales and technology firms that have found success in China.
Earlier in the day, Gov. Perry met with officials from Dallas and Houston to discuss development of a cooperative plan to attract more international businesses to Texas.
Wednesday evening, Gov. Perry joined Comptroller Combs at a reception with the American Chamber of Commerce (AmCham), known as "the Voice of American Business in China." Founded in 1915, AmCham is the largest and fastest-growing American Chamber in the Asia Pacific region, promoting U.S.-China commercial ties and supporting American companies doing business in China.
Gov. Perry later met over dinner with Zhengfei Ren, founder and CEO of Huawei Technologies, a global leader in commercial telecom networks. Huawei established its North American headquarters in Plano, Texas, in 2001, and now employs more than 1,000 people nationwide, including more than 750 Texans.
Gov. Perry is in China attending the 2010 World Expo in Shanghai, which is expected to draw 70 million visitors from more than 170 nations. A projected 5 million to 6 million visitors will tour the U.S.A. National Pavilion, which will build on the EXPO's theme, "Better City, Better Life," by showcasing America as the place of opportunity, diversity, innovation, success, sustainability, health and nutrition, and technology.
The governor and first lady's trips are being paid for by TexasOne, which is the fundraising program for the Texas Economic Development Corporation. No tax dollars are being used for the Perry's travel and accommodations on this trip.