Wednesday, November 12, 2008

"So you now also have a friend in San Francisco, and possibly in California,"

From the China Daily, outposted by the MasterChinese website :

"US city looks to better China ties" - San Francisco being the city mentioned here.

Mayor Newsom is to go to Shanghai on Wednesday to officially launch "a privately funded business recruitment initiative", the ChinaSF initiative, "to further relations with China".

The article addresses the usual WWWW,H questions :

WHY - "energy independence" i.e. "creating an innovative green economy and "a stronger relationship with China" . "China will be our godsend here in California and in America "

WHAT - "The ChinaSF initiative is designed to attract businesses to San Francisco".

WHO - "a joint initiative between the San Francisco Center for Economic Development and the city of San Francisco"; "a marquee advisory board that includes""former US secretary of state George Schultz; Jim Wunderman, chairman of the Bay Area Council; and Phil Ting, the city's highest-ranking Chinese-American elected to office.

WHERE - San Francisco, the Bay Area, Shanghai especially Pudong, Yangpu, Suzhou and "other business clusters"

HOW- privately funded, it "does not use taxpayers' money"."Instead, it is funded by service-sector businesses such as banks, law firms, consulting firms, commercial real estate companies, and architecture designers." "I [Newsom] can use numbers, firms recruited, money invested as metrics of this initiative's success, but the biggest thing can't be monetized. It's the human capital.

"So you now also have a friend in San Francisco, and possibly in California,"






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