Sunday, January 4, 2009

Attracting Chinese business and investment to San Francisco still a priority

As always, the SF chamber's mission is to attract, develop and retain business in San Francisco.

SO....
Despite these trying times, attracting Chinese business and investment to San Francisco is still billed one of the city's key initiatives to implement an economic stimulus plan - basically, jump start the state's economy again, something that is badly needed as the State has had to start giving out IOUs instead of actual money (See this article from the LA times... and many others on google).

At least that's what the SF Chamber says, both here :

The Chamber is vigorously pursuing key initiatives to improve the city's business vitality: Economic Stimulus : " The Chamber continues to encourage the city to adopt a long-range economic plan and is working with the city and business community on adoption and implementation of an economic stimulus plan. [...] In collaboration with the Mayor's Office and the San Francisco Center for Economic Development, the Chamber in 2008 launched the ChinaSF initiative to attract Chinese business and investment to San Francisco."

and in January's newsletter, in L.Wade Rose's address - he is the newly appointed SF Chamber Chair, by the way - :

"Our first priority will be to work with the city on the adoption and implementation of an economic stimulus plan. The plan as outlined by Mayor Gavin Newsom includes: Accelerating capital spending, keeping local dollars, increasing foreign investment and reducing the costs of doing business in San Francisco. For example, the Chamber is working with the Mayor’s Office and the SF Center for Economic Development on ChinaSF to attract Chinese companies and investment dollars to San Francisco – and has already scored two major Chinese companies, Trina Solar and China Daily newspaper."

It's all fine and good... but that's old news. WHAT are you doing exactly? Any (new) results yet?

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