98-5805. Business Development Trade Mission to the People's Republic of China

[Federal Register Volume 63, Number 43 (Thursday, March 5, 1998)]
[Notices]
[Page 10860]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-5805]


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DEPARTMENT OF COMMERCE

International Trade Administration


Business Development Trade Mission to the People's Republic of 
China

AGENCY: International Trade Administration, Department of Commerce.

ACTION: Notice.

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SUMMARY: The Under Secretary for International Trade will lead a 
Business Development trade mission to The People's Republic of China 
and the special administrative region of Hong Kong to promote expanded 
trade opportunities and advocate for U.S. business interests in 
priority sectors throughout China. These sectors include: 
infrastructure in the transportation and engineering, design and 
construction fields; construction machinery; air traffic control 
equipment; information technologies, machine tools; insurance and 
project finance. The mission, which will occur April 13-22, 1998, will 
be supported by the U.S. Embassy in Beijing.

Dates: Interested U.S. firms should apply to participate in the mission 
as soon as possible. All application requirements must be completed by 
March 21, 1998.

For Further Information Contact: Requests for additional information 
should be made to Damon C. Greer, [phone] at the Commerce 
Department's Office of Energy, Infrastructure and Machinery.

Supplementary Information: The criteria for selection of mission 
participants are:
     Relevance of a company's business line to mission goals
     Timeliness of completed application by company (including 
participation fee)
     Potential of business in China for the company
    Any partisan political activities (including political 
contributions) of an applicant are entirely irrelevant to the selection 
process.
    China represents one of the most dynamic markets in the world and 
after Japan has the potential of being the largest single market in 
Asia for U.S. exports. The United States has made progress toward 
opening China's market to U.S. goods and services. At the World 
Economic Forum in Davos, Switzerland, Vice Premier Li Lanquing recently 
announced China's plans to invest more than $750 billion in 
infrastructure over the next three years. This development represents a 
tremendous potential for U.S. capital goods manufacturers and 
infrastructure development firms. The Under Secretary will meet with 
senior decision makers in the Chinese government to advocate on behalf 
of U.S. companies, address market access issues, and work to strengthen 
Commerce's public/private partnership in China. Business participants 
will meet with potential clients and business partners, industry 
groups, and relevant Chinese government agencies. Additionally, 
meetings will be held with regional and local authorities to discuss 
opportunities for the sectors represented on the mission.

    Dated: February 27, 1998.
Damon C. Greer,
Acting Director, Office of Energy, Infrastructure and Machinery.
[FR Doc. 98-5805 Filed 3-4-98; 8:45 am]
BILLING CODE 3510-DR-U