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AMCHAM MEMBER PRIORITY
On June 29th, our speaker, USTDA's Regional Director for East Asia, Carl Kress, will have a presentation introducing some key sectors (energy, transportation, environment, healthcare, and agriculture/supply chain). Carl would use this as an opportunity to hear from members on ways we can be supportive, and if anyone has ideas for specific projects this would be a good forum to raise those as well.
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.
USTDA in China
USTDA's program in China focuses on trade capacity building initiatives, technical assistance, and pilot projects in the transportation, energy, agriculture, and healthcare sectors. These efforts help create market access for U.S. companies looking to work in China.
The Agency’s success in China is due in part to the public-private cooperative programs that USTDA supports in country. These programs provide a forum for government agencies and private companies from both countries to share technical, policy, and commercial knowledge relevant to a specific field. USTDA has successfully established programs based on this model in the aviation, standards and conformity assessment, energy, and healthcare sectors.
By adapting to the evolving needs of China’s market and closely coordinating with Chinese decision makers, these public-private partnerships have achieved long-term success, providing continued trade opportunities and enhancing the development of China’s key industries.