A Chinese trade delegation, including top executives from some of
that nation’s premier companies, will visit South Carolina from Dec.
18-20.
The delegation will visit South Carolina, Texas and a Midwestern
state in conjunction with Chinese Premier Wen Jaibao’s visit to the
United States.
South Carolina was placed on the tour list after Gov. Mark
Sanford and S.C. Secretary of Commerce Bob Faith’s trip to China in
October.
The delegation will be accompanied by two or three members of the
China Council for the Promotion of International Trade. That
organization, which served as host for the S.C. trip to China, put
together the Chinese delegation’s visit, said Clarke Thompson
director of international trade for the state Commerce
Department.
The 15-member delegation includes chairmen, presidents, chief
executives and other top level corporate officers of about a dozen
Chinese companies.
Among them are an industrial boiler manufacturer, a hydraulic
products manufacturer, two petroleum equipment and development
corporations, a couple of trade groups and a steel company.
They are not the largest Chinese companies, such as Haier Group,
which has a refrigerator manufacturing plant in Camden, Thompson
said.
“But if you look at the list — like Baosteel — that is one of the
bigger companies in China,” he said.
Most of the companies do not have a U.S. presence and are looking
for joint venture partners, Thompson said.
“Our intention is to take advantage of putting our exporters in
front of them, people that might be able to sell product to these
companies,” he said.
One S.C. company that has expressed an interest in meeting with
the Chinese delegation is Carbis in Florence, which sells equipment
to petroleum companies.
Thompson and John Ling, Commerce’s manager of international trade
in Asia, are working on an itinerary for the delegation. Both men
were part of the S.C. visit to China.
Many S.C. companies have indicated they want to meet with the
delegation, Thompson said. While he would like to get some of the
delegation to S.C. cities others than Columbia, particularly
Charleston, he isn’t sure time will allow it.
The delegation will arrive in Columbia the afternoon of Dec. 18
and leave the morning of Dec. 20.
“Our intention is to try to get as many S.C. companies as are
interested in front of them,” Thompson said.
China holds enormous potential for S.C. companies. “You can just
smell the money-making opportunities when you are there,” Thompson
said.
China held the No. 8 spot as a destination for S.C. products in
2002. “It wouldn’t surprise me at all if they didn’t jump past No. 5
this year at the rate that they have been moving,” Thompson said.
“They were 12th in 2001.”
In addition to trade opportunities, there are also investment
opportunities for Chinese companies in S.C.
China State Construction and Engineering Co., which built Haier’s
Camden facility, now has an office in Camden. With annual revenues
in excess of $6 billion, China Construction is ranked among the top
construction companies in the world. The company recently won a bid
to build a school near Orangeburg.