On February 22, 2019, CGCC-Chicago New Year and New Policy Seminar was successfully held in Detroit, MI. Over 30 guests from Chinese funded companies in Michigan participated.
Three important topics:
(1) responses to tariff changes, economic sanctions and export control, (2) incentives on investment, employment and staff training opportunities, and (3) briefing on the Committee on Foreign Investment in the United States (CFIUS) and the review and forecast analysis on the Foreign Investment Risk Review Modernization Act (FIRRMA) were raised and discussed at the seminar.
Mr. Wenhua Huang, President of SAIC Motor America, delivered the welcome remarks as he said, “we hope to see today as a brand new start to broaden the scope of cooperation between member enterprises and the China General Chamber of Commerce so that all our members would get abundant support and resource as they need. Mr. Huang further complimented how CGCC-Chicago had fulfilled its mission and commitment by “bringing their service to each and every relevant state in the Midwest.”
Since May of last year, CGCC-Chicago changed its mode of invitation for business seminars. Member enterprises no longer simply get a forwarded email invitation sent by CGCC-Chicago partnered service providers; instead, they participate along with CGCC-Chicago in the process in researching, finding resources and deciding what seminar topics to be discussed. Seminars organized in this way included: government relations, corporate public relations, social responsibilities, credits and incentives, strategies for the 301 tariff, etc. Based on the results of last year’s Members’ Satisfaction Survey, topics such as government subsidies, cross-cultural communication, and organization leadership development will be covered in the coming months. On February 25, CGCC-Chicago will launch its first webinar on China International Import Exhibition (CIIE) promotion. This online format seminar aims to break the geographic barrier and enable more member enterprises to benefit from the service by CGCC-Chicago.
CGCC-Chicago would like to express its heartfelt gratitude to Grant Thornton International for providing the venue of the seminar, helping with content design and research, and giving professional industry-related opinion. At the end of the event, representatives from two Chinese companies won the New Year lucky draw gifts, two pig dolls representing the auspicious start of the Year of the Pig, courtesy of the Consulate General of China in Chicago.