In May 2007, USA-China Initiative CEO Howard Odor and Lucy Liu, Chairman of the North American Chamber of Industry and Commerce, traveled to Shenyang to meet with city and industry leaders. Coming out of days of meetings with officials and tours of the area's businesses, the team secured Trade and Investment Promotion Ambassador Agreements with city districts of Shenyang in the Liaoning Province of China. Returning with these agreements, new business opportunities and relationships with the region's top decision-makers, the group formed an international consortium, called the USA-China Initiative, to gather expertise and resources for business projects in Shenyang, China. The consortium consists of leaders of diverse industries from several countries.
On a return trip to Shenyang in September 2007, USA-China Initiative team and Lucy Liu reinforced their relationships with city and industry leaders. After a week of meetings with officials and tours of the leading businesses in the area, the team secured agreements with various companies and commitments for joint venture projects. Returning with these agreements, the group formally created their company, USA-China Initiative, LLC. Since their return, the team has found it easy to expand their network of experts and resources to support projects in Shenyang, China.
We are listing a sampling of our business opportunities in Shenyang. If you are interested in any of our opportunities specifically, please contact us by e-mail and we will provide you with a non-disclosure agreement and communicate with you in a timely manner.
Facilitate the building of a stock car auto racing attraction that includes an auto racing track. With the success of the Formula One auto racing facility in Shanghai, China, the Chinese are ready for stock car racing. The auto industry officials and city officials are excited about making Shenyang a center for a brand new stock car racing industry in China. This is a five-year project with several phases, including attractions, commercial and residential developments. Initial contacts with leaders in American stock car racing have been very positive.
Facilitate the buiding of an airline maintenance, repair and overhaul (MRO) facility near the Shenyang airport to serve international flights. Many of the world's airlines are struggling to remain profitable. With aircraft maintenance costs making up approximately 40% of an airline company's expenses, China's ability to provide highly-trained and low-cost labor can help cut these costs. Ameco Beijing, which is a joint venture between China Airlines and Lufthansa Airlines, is a very profitable arrangement for Lufthansa, and there is room for more partnerships in the Chinease MRO industry.
A leading power cable company in Shenyang, China with a large share of the Chinese market seeks a cooperative marketing and branding relationship with an American company. The joint marketing venture will provide the American company with penetration in the Chinese marketplace. The Chinese company also offers the opportunity for the American company to outsource its manufacturing. This partnership will position the joint venture company to capture large contracts to place underground power cables beneath major Chinese cities.
Working with a respected local developer,
a joint venture opportunity is available to redevelop
a popular area of the city with a Hollywood theme.
The Chinese people love Hollywood and its movies
and have growing dispensible income for leisure
and entertainment. Shenyang is becoming a top
tourist destination for the region, including
northeast China, Russia, Japan and the Koreas.
This development of mixed-use commercial and residential
will become a tourist attraction and a desired
location to live for the new upwardly mobile class.
The USA-China Inititiave team toured a promising and beautiful mostly-undeveloped coastal area called the Dalian Huayuankou area. This area included seven beautiful islands known as the Neptune Islands. It is the largest of these islands that the team identified was ideal for a retirement community.
A water processing facility in Shenyang seeks to work with an American company in a joint venture to produce and distribute flavored bottled waters in China.
An American partner is sought for joint venture to provide for the sorting of garbage to reclaim recyclables and generate power from organic waste. The local government has expressed willingness to work with American company to facilitate this development.
Many foreign businesses are moving into Shenyang. The people in Shenyang are growing in wealth, as the area's natural resources and manufacturing are driving the economy. Foreign commercial banking institutions are sought in Shenyang to facilitate international transactions.
Shenyang is seeking Sisters Cities relationships in the United States. It is also seeking schools, universities and organizations that seek cultural exchange with the people of Shenyang.
