Key Country Contacts
Trade Overview
According to the U.S. State Department, China has been one of the world's fastest growing economies over the past several years, and its efforts to reform and modernize have helped transform China into a large trading economy. China's total trade was over $3 trillion in 2011, making it the second largest trading nation and the country with the second largest economy in the world. This translates into enormous opportunities for U.S./California exporters.
U.S.-China trade has risen rapidly over the past several decades. Total trade between the two nations has increased from $4.8 billion in 1980 to slightly over $503 billion in 2011. U.S. exports to China in 2011 were approximately $103.9 billion, a steady increase from previous years.
In 2011, China continued as California's 3rd largest trading partner, with over $14.2 billion in exports. Computer and electronic products accounted for approximately 26 percent of exports, totalling close to $3.7 billion. Waste and scrap material brought in $3 billion, or 21 percent while both the machinery (except electrical) and the transportation equipment categories both accounted for approximately 10 percent of the total, with roughly $1.4 billion in exports each. U.S. Dept. of Commerce
Read more about the importance of U.S.-China Trade Relations.
US Census Bureau Trade in Goods - China
WTO Trade Profile - China
U.S. International Trade Commission (ITC) China IPR and Indigenous Innovation Report
December 2010
2011 State Visit
From the White House:
2010 Asia Trade Mission
Governor Schwarzenegger announced in July 2010 that he would lead a delegation of California business leaders and key State of California government officials to Asia in September 2010. Asia is a dynamic and growing market for California products, produce and intellectual property. The dates of the trade mission were September 9, 2010 to September 15, 2010. The delegation started in Hangzhou and Shanghai, traveled to Tokyo and ended in Seoul. This trade mission was successful and will bring many economic and cultural benefits to the people of California.
2005 China Trade Mission
California Chamber President Allan Zaremberg introduces Governor Arnold Schwarzenegger at the opening reception for the California-China business and trade mission in Beijing. (Photo by Larry Dicke) |
Strengthening Trade Ties, Building New Opportunities
CalChamber President Allan Zaremberg joined Governor Arnold Schwarzenegger, members of the press and other members of the business delegation six-day trade mission to China to market California agriculture, encourage tourism, discuss intellectual property rights and promote business investment in the state.
"The business and trade mission to mainland China led by Governor Schwarzenegger will serve to strengthen ties and increase economic opportunitiesin the world’s largest marketplace of 1.2billion people," said Susanne Stirling, vice president of international affairs for the Chamber and member of the business delegation.
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