In April 2013, Governor Brown and GO-Biz, partnering with the Bay Area Council, led a Trade Mission to China where over $1.8 billion dollars in deals were announced and opened a California foreign trade and investment office in Shanghai – the first in over a decade. In addition, Governor Brown signed several MOUs to expand trade and investment with several Chinese provinces. These MOUs are listed below.
In September 2012, Governor Brown signed into law Assembly Bill 2012, authored by Speaker John A. Pérez. The bill made GO-Biz the lead state agency for international trade and investment activities. This includes creating international trade and investment offices outside of the United States, and operate the office under a public-private partnership.
In October 2012, GO-Biz signed a partnership agreement with the Bay Area Council, a San Francisco-headquartered nonprofit business organization, to operate a California Trade and Investment office in Shanghai and organize trade and investment missions to China. Governor Brown announced during his State of the State address in January 2013 that he would head the first such mission to open the office in April 2013.
The new office provides Californian companies increased access to Chinese business contacts, provide Chinese investors with access to California projects that will benefit from increased investment and will continue to facilitate new investment and trade growth between California and China.
GO-Biz is required to list all donations for the operation of the office and related activities. For the current list, please refer to our donor page.
For more information, visit our China Office page.
View the Economic Memorandums of Understanding (MOUs) between California and China.
Press related to the 2013 Mission