China-California business forum held in L.A. to boost economic links, subnational cooperation

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China-California business forum held in L.A. to boost economic links, subnational cooperation

STORY: China-California business forum held in L.A. to boost economic links, subnational cooperation SHOOTING TIME: May 20, 2024 DATELINE: May 21, 2024 LENGTH: 00:01:46 LOCATION: LOS ANGELES, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the China-California Business Forum STORYLINE: The China-California Business Forum was held in Los Angeles on Monday, bringing together officials, business organizations and companies of the two countries with the goal of expanding business ties and subnational cooperation. Addressing the event, Chinese Consul General in Los Angeles Guo Shaochun said China is California's largest trading partner and California has the largest presence of Chinese-invested companies among all states in the United States. The bilateral economic and trade cooperation has facilitated growth in employment and economy, benefiting the peoples of both China and the United States. In 2023, China was California's top trading partner with two-way trade amounting to over 137 billion U.S. dollars.

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