In early June, the World Trade Center of Greater Philadelphia, represented by board chairman Gary Biehn, signed into a memorandum of understanding (MOU) with WTC Tianjin. The MOU will create a framework of cooperation which will seek to expand trade and investment in targeted sectors of opportunity, including healthcare, higher education, legal services, aviation, petrochemicals, metalworking, and the medical device sector.
As reported by the Philadelphia Business Journal:
Biehn said the agreement is the culmination of a visit from Tianjin officials last June and a reciprocal visit in January in which the two sides talked about synergies among membership companies in areas such as health care, education, and legal and financial services. The deal will put Philadelphia on the map when the roughly 2,000 Tianjin WTA member companies that are looking for U.S. business opportunities.
Biehn said the agreement is the culmination of a visit from Tianjin officials last June and a reciprocal visit in January in which the two sides talked about synergies among membership companies in areas such as health care, education, and legal and financial services. The deal will put Philadelphia on the map when the roughly 2,000 Tianjin WTA member companies that are looking for U.S. business opportunities.
Trade mission yields reciprocal visit from Chinese firm considering Phila. for U.S. HQ
Jeff Blumenthal / Philadelphia Business Journal
During a recent three week trade and investment mission to China and South Korea, local business and civic leaders said they made significant progress on business arrangements ranging from introducting mushroom growing technology in the Far East to possibly luring a major foreign conglomerate to establish Philadelphia operations.
Read more at the Philadelphia Business Journal (subscriber content)
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