UTSA's IED strengthens China ties with partnership

By James Benavides
Public Affairs Specialist

(Aug. 13, 2008)--The International Trade Center in UTSA's Institute for Economic Development and the Greater San Antonio Chinese Chamber of Commerce (GSACCC) have signed an agreement to jointly increase and promote United States-China trade. This will be accomplished by linking the International Trade Center's consulting, training and market research services with the experience and connections of the GSACC and its membership.

"There is an historic opportunity for San Antonio-area firms to enter the Chinese marketplace and this partnership is focused on preparing them for success by providing hands-on consulting, market research and training assistance," said Cliff Paredes, director of the International Trade Center. "The GSACCC will provide their considerable in-country expertise and connections in China while the International Trade Center will provide its 16-plus years of consulting excellence and extensive market research capabilities to help San Antonio area businesses succeed in China."

Under this agreement, the International Trade Center and the GSACC will collaborate in providing technical trade consulting, market research and training services for San Antonio-area businesses interested in entering the rapidly developing Chinese market. The goal of the agreement is to increase the internal capacity of San Antonio area firms to do business successfully in China and to improve their overall global competitiveness.

The International Trade Center recently hosted the first Business China Executive Training program to assist local small businesses and entrepreneurs in conducting trade in Asia. The center also recently hired a China-focused International Business Consultant to help clients navigate the complex Chinese market and increase sales.

Future co-programming efforts between the International Trade Center and the Chinese Chamber include "China: Threats or Opportunities?" on Oct. 7 and "Using Letters of Credit in China" on Nov. 13.

"We are very pleased to sign a partnership agreement with the Greater San Antonio Chinese Chamber of Commerce and are looking forward to working with them in helping San Antonio area firms successfully do business in China," said Paredes.

The International Trade Center is one of the largest and the most successful trade assistance organizations in Texas. Established in 1992, it provides businesses with technical trade consulting assistance, cutting-edge market research and innovative training programs that deliver results. In 2007, the International Trade Center helped 873 clients create and retain 912 jobs and generate $95.2 million in global sales.

ITC is part of the UTSA Institute for Economic Development and is funded by the U.S. Small Business Administration, the State of Texas and The University of Texas at San Antonio.

For more information, visit the UTSA Institute for Economic Development's International Trade Center Web site or call (210) 458-2470.

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