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Secretary Pablos Leads Texas Economic Development Mission To China

"China is a growing partner in elevating the Lone Star State's continued economic prosperity"

May 26, 2017
Contact: Sam Taylor
512-463-6116
Secretary Pablos standing behind a podium.
Secretary Pablos speaks to reporters during a
press conference in Shanghai.

SHANGHAI – This week, Texas Secretary of State Rolando Pablos led a delegation of Texas public officials and private sector leaders for an economic development mission to strengthen commercial ties between Texas and China. The mission, organized by the Texas Economic Development Corporation in partnership with the Office of Governor Greg Abbott, included meetings with leading Chinese companies, as well as local and regional government officials in Shanghai. Secretary Pablos and the delegation participated in the 2017 World Forum for Foreign Direct Investment to connect with global business leaders and promote the wide variety of opportunities available to foreign investors in Texas.
 
"China is a leading market for Texas, and I am honored to have had the opportunity to lead our state's delegation to explore opportunities for future investment," Secretary Pablos said. "As our second largest import source country and with more than 150 Chinese companies operating in Texas, China is a growing partner in elevating the Lone Star State's continued economic prosperity. I would like to thank Governor Abbott for his vision in attracting foreign investment to Texas and for fomenting a strong relationship with China."

Texas-China Trade Facts:

  • Texas exported $10.8 billion in goods to China in 2016
  • Texas' top export to China is oil and gas, valued at $1.7 billion in 2016
  • Since 2003, 27 Chinese projects have invested $1.6 billion in Texas
  • San Antonio and Houston are among the top 10 U.S. cities for Chinese foreign direct investment, ranking #7 and #8, respectively
  • In the past 10 years, Texas has established Memoranda of Understanding (MoUs) with the Fujian Department of Commerce, Fujian Province, Shandong Province, Jiangsu Province, and the Tianjin Municipal Government in order to promote economic and cultural exchange
Learn more about the Texas Economic Development Corporation.
 
Learn more about the 2017 World Forum for FDI.

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