Los Angeles, CA – New U.S.-China trade door opened by China Mart® Group (USA) for Chinese companies at the same time President Hu opens the door politically in the U.S. China Mart® Group (USA) today signed an agreement with Qingdao government “Joint Marketing, Investment and Trade Promotion Exchange” at the Jiaozhou Government Building to create a business bridge to bring Chinese companies to the U.S. successfully.
China central government is paying high importance to its “Go Abroad Policy” and the China Mart® Group (USA) is the future NGO to play a large role with its support from U.S. government and government organizations such as the World Trade Center Association Los Angeles-Long Beach.
“The China Mart Group plays an important role in the international trade between Los Angeles and China. They have facilitated Chinese companies entering the US market successfully. This is beneficial to the development of our economy,” said Vance Baugham, the President of World Trade Center Association Los Angeles-Long Beach, and the representative of Los Angeles County foreign investment and trade development.
China Mart® Group (USA) CEO Jason Prescott and CEO Stephen Perl, 1st PMF Bancorp were awarded Trade Ambassador of the Investment Promotion Bureau of Jiaozhuo Qingdao China at the meeting.
“Overseas expansion and maintaining a global business view are paramount for succeeding in today’s economy. I am deeply honored to accept my nomination from the city of Jiaozhou on behalf of China Mart and Manufacturer.com . Small and Medium size business in the USA need the knowledge transfer of these great opportunities. This new trade initiative between Jiaozhou and USA will create that.” ,” said Jason Prescott.
“President Hu’s visit was designed to create new business and cultural bridges between the two world super powers. Politics needs to follow trade. Trade should not follow politics, because trade is the underlying engine for our economies. The politics have set the stage for us, and now we should further develop trade through unique business platforms like the China Mart” said Stephen Perl.
Los Angeles China Mar® Group (USA) is the largest and most comprehensive U.S.-China trade platform in the U.S. It offers online and offline marketing services to assist Chinese manufacturers in opening the U.S. market and establishing U.S. branches. Its subsidiaries include China Mart ®Los Angeles (the largest offline Chinese sales platform which includes showrooms, sales force, and immigration services), Manufacturer.com ™ and TopTenWholesale.com ™ (the leading B2B Wholesale, Manufacturer Product Sourcing Websites owner in the USA), and 1st PMF Bancorp (the largest privately owned factoring and trade finance platform based in the U.S. with dedicated programs to financing Chinese manufacturers). PMF Bancorp has provided Invoice Factoring for over 30 years along with other working capital services to assist fast growth companies in meeting their sales potential.
“Los Angeles is not only the manufacturing capital of America. But it has the largest Chinese population in the U.S. 56% of all imports of the U.S. come from the ports at Los Angeles. California’s economy is the largest of any state in the U.S., and is the eighth largest economy in the world. It makes perfect sense for Chinese companies set up their US branches in Los Angeles. BYD, Air China and many other Chinese big corporations have all successfully established their headquarters here in Los Angeles,” said Stephen Perl.
About China Mart® Group and Affiliates:
China Mart® is the largest offline sales, service, and immigration platform in North America currently operating, dedicated to opening the North American market to Chinese manufacturers (www.ChinaMartUSA.com).
1st PMF Bancorp is one of the largest private commercial bank lenders in the U.S. for the last 30 years that specializes in invoice factoring, trade financing, credit insurance and credit management services to high growth companies that are not able to access the working capital from a traditional bank (www.PMFbancorp.com )
Manufacturer.com® (www.Manufacturer.com) helps buyers quickly source products, finding the right suppliers for profitable business transactions. Suppliers can use Manufacturer.com to easily list their companies and will be found by millions of buyers. Importers, exporters, wholesalers, retailers, independents, flea marketers, convenience stores, charities, discounters, auctioneers, dropshippers and entrepreneurs all use Manufacturer.com to find and establish valuable trade partners.
TopTenWholesale® (www.TopTenWholesale.com) is the leading online wholesale directory and search engine for connecting resellers and buyers of general merchandise in the global and domestic trade directly with wholesalers, manufacturers, distributors, drop shippers, importers, exporters, and other types of suppliers. Use TopTenWholesale.com to search from over 100 wholesale product categories, and over 3,000 wholesalers and manufacturers. Find the hottest wholesale products online, including: wholesale jewelry, general merchandise, closeouts, handbags, apparel, gifts, electronics, novelties, toys, and much more. Connect with domestic and global wholesale companies and products today!
