Established in 2008, ChinaSF is an economic development initiative of San Francisco in close partnership with the City and County of San Francisco’s Office of Economic and Workforce Development. ChinaSF’s mission is job creation in San Francisco, accomplished through the recruitment and retention of inbound investment and companies to San Francisco. At the same time, ChinaSF helps San Francisco companies expand into the China market.
Since 2018, ChinaSF became an initiative of GlobalSF, an organization dedicated to paving the way for global companies to locate, invest, and grow in the City, while helping locally-based companies expand into global markets. ChinaSF works with its sister initiatives, LatinSF and SFAsia, in carrying out this mission.
Mission: Economic growth
Since it began in 2008, ChinaSF has facilitated and supported the expansion of more than 108 Chinese companies in San Francisco, and helped countless Bay Area-based companies make important business connections in China. ChinaSF’s efforts have directly created over 811 jobs in the Bay Area, and have indirectly created many more.
China Import Export Fair Promotional Events
In September and December we organized events in partnership with China Import and Export Group to host two events to promote the China Import Export Fair.
At our September event, Darlene Chiu Bryant, moderator and executive director of GlobalSF; Florence Kong, CEO of Kwan Wo Ironworks Inc; Peter Lorentzen, assistant professor in the Economics Department at the University of San Francisco, and Emily Stewart, investment specialist and VP, JPMorgan Private Bank discussed how impactful the Trade War is at our panel.
Our December event was a great panel discussion on navigating changing US-China trade policy. Adam Ivor from Gliding Eagle Inc, Jeff Deiss from U.S. Small Business Administration and Sam Driggers, M.A., CEcD from GlobalSF shared their insights. We were thrilled to have Manish Goyal from Business Services - Workforce Development, a division of OEWD and the Consul of the Chinese Consulate in San Francisco participate and speak at the event.
We were able to establish many relationships between our Chinese partner and San Francisco companies through these two events.
U.S.-China City Dialogue 2018
On June 12th, ChinaSF partnered with UC Berkeley Executive Education to host a panel discussion for a Chinese delegation of 24 government officials from Guangdong Province. The panel was moderated by Dr. Mark Coopersmith, and 6 experts, including Darlene Chiu Bryant (ChinaSF's Executive Director), Manish Goyal (Business Development Manager at OEWD), Avneesh Nigam (Senior Director of Strategic Revenue at San Francisco Chamber of Commerce), Ziyang Fan (Dead of Digital Trade at World Economic Forum), Alex Leonard (Head of Government Banking for the West Coast at J.P. Morgan) and Jennifer Stojkovic (Executive Director at SF.Citi) shared their insights in public administration and economic development from the perspective of San Francisco.
Specifically, they discussed about how payroll tax reform helps business retention and expansion in San Francisco, why the city is the destination of choice for high profile companies and comparisons of the intellectual property protection systems between China and the US.
U.S.-China Life Science Forum 2018
On June 8th, ChinaSF was honored to partner with CCOIC (China Chamber of International Commerce) to host a one day program at ChinaSF’s office and introduce San Francisco’s fastest growing industry: healthcare/life sciences/biotech. Our own Helen Li and other panelists spoke at the event and shared their insights with the audience in medical device, diagnostics development and clinical data management. In the afternoon, ChinaSF led the delegation to visit IndieBio and TheraNova.
2018 InnoSTARS Competition
The 2018 InnoSTARS San Francisco preliminary competition was successfully held by ChinaSF and Mandarin Environment on May 18th, offering an opportunity for 20 pre-selected early-stage technology companies to present their innovations and test market China.
The presenting companies came from a broad range of industries, including: Environmental Technology, Renewable Energy and New Materials, Information and Communication Technology, Artificial Intelligence and Augmented/Virtual Reality.
Congratulations to the six companies that secured invitations to the 2018 semi-finals in China this Fall: Clean Energy Systems (energy generation), IsoTruss (building materials), Smart Wires (power grid), Mira (fertility tracking and analysis), Tachyum (next-gen processor), and VadR (virtual reality analytics).
Our 10th Anniversary
On March 8th, 2018, ChinaSF celebrated our 10th anniversary at our annual fundraiser. ChinaSF was formed in 2008 as the China desk for Mayor Gavin Newsom to focus on recruiting and serving inbound companies and investment from China to increase job opportunities in San Francisco. Today, ChinaSF has recruited and assisted more than 96 companies, provided counsel to more than 1,000 companies, created more than 788 jobs, and brought in more than $5.1 billion in foreign direct investment to San Francisco.
Visit our blog to see more from the event.
The San Francisco Business Times presented:
Golden Bridge from China: the Impact of Chinese Investment on the Bay Area
ChinaSF's Executive Director, Darlene Chiu Bryant, speaks about the positive outlook of inbound investment from China in the San Francisco Bay Area despite the country's economic slowdown. The panel, hosted by the San Francisco Business Times focused on how China's volatile financial markets can be both an opportunity and challenge for U.S. businesses.
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Bridging San Francisco & China. Making deals happen. Creating more jobs.
Since its establishment in 2008, ChinaSF has facilitated and supported the expansion of 108 Chinese companies in San Francisco, and helped countless Bay Area-based companies make important business connections in China. ChinaSF’s efforts have directly created 811 jobs in the San Francisco Bay Area, and we have brought in more than +$5.3 billion of economic impact to San Francisco.
2018 Economic Development Statistics
In 2018, ChinaSF recruited 6 new companies to San Francisco, providing 23 direct jobs. ChinaSF attracted considerable Chinese investment, where it brought $203.75 million of Chinese capital to projects within the San Francisco Bay Area.
While ChinaSF focuses on industries in line with City priorities such as real estate, technology, and entrepreneurship, ChinaSF has broadened its base of potential clients across a wide variety of industries, including healthcare, life sciences, hospitality, education, and consumer goods.