Wednesday, May 11, 2011

Virginia Opens Trade Office in Shanghai

Governor Bob McDonnell today expanded Virginia’s international economic development presence with the opening of the Commonwealth’s new marketing office in Shanghai. The Governor announced the opening of the new office during a press conference at the JW Marriott in Shanghai. The Governor is currently on a two-week job creation and marketing mission to Japan, China and Korea.
Speaking about the opening of the new marketing office, the Governor noted, “Virginia has a compelling story to tell, and we must tap into the Chinese market if we want to be successful in today’s global economy. Success in China will mean good jobs for Virginians. A strong economic relationship with China will grow the Commonwealth’s economy and that is why I committed in my campaign to establish this office. Unfortunately Virginia has failed to properly devote resources in recent years to market to China, putting us behind other states in competing for investment opportunities. That is no longer the case. I applaud the Virginia legislature’s decision to invest in the Commonwealth’s efforts to expand its international reach. When we market the Commonwealth to China, and the world, we help create good paying jobs and more opportunities for Virginians. We look forward to sharing globally the many benefits of doing business and creating jobs in Virginia. Virginia is wide open for business.”

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