15 US states enhance trade ties with Jiangsu
2017-09-27 10:54:00

The first Economic and Trade Exchange between Jiangsu province and the US Consulate was held in Nanjing on Sept 25.

US Consul General Sean Stein led a team of officers of US states and some US companies to Nanjing to have trade exchange with Jiangsu province’s business sectors, development zones and more than 50 enterprises.

The US is Jiangsu's largest trading partner, the sixth-largest source of foreign investment and the second-largest investment destination. In the first half of 2017, the trade volume of Jiangsu to the US was $45.3 billion, accounting for one-sixth of the total trade volume between China and the US. It exceeded the previous year’s one-seventh for the first time. In the same period, Jiangsu’s enterprises invested $1.5 billion in the US, an increase of 44.2 percent compared with that of last year. This accounts for 30 percent of Jiangsu's foreign investment. Jiangsu is the sister province of California and New York. Jiangsu is also a partner of California, New York and Texas under the cooperative mechanism between Chinese provinces and the US states led by Chinese Ministry of Commerce.


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Source:jschina.com.cn Editor:Cassie