ChinaSF was honored to attend SelectUSA's third summit alongside 5,000 other esteemed guests. Of those guests, 150 hailed from China to join the program. From June 19th - 21st, we took part in representing San Francisco and California through GO-Biz to recruit more foreign direct investment to the United States. President Obama himself stressed the importance of FDI in his speech. "In today's world, where business doesn't stop at borders and when trade is how we shape economic change to our advantage, the term global economy is redundant because the supply chain is being tied into every element of our lives."
SelectUSA is a U.S. government-wide program house in the International Trade Administration at the United States Department of Commerce. Since its inception, SelectUSA has facilitated more than 19 billion USD in investment, creating and/or retaining thousands of U.S. Jobs.
With a mission to facilitate job-creating business investment into the United States and raise awareness of the critical role that FDI plays in the U.S. economy, SelectUSA helps companies of all sizes find the information they need to make decisions; connect to the right people at the local level; and navigate the federal regulatory system. SelectUSA also assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy.