Houston and Shenzhen step up business

Updated: 2013-11-08 12:58

By May Zhou in Houston (China Daily USA)

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Houston and Shenzhen step up business

Li Shi, deputy director general of Invest Shenzhen, shaking hands with Irman Alibhai, vice-president of BioHouston, on Thursday after signing an MOU at a sister-city conference in Houston. May Zhou / China Daily

For Ed Gonzales, Houston mayor pro-tem and council member, among the many Chinese cities he has been to, Shenzhen impressed him most. That is what he told a group of local business leaders and professionals, local governmental officials and a five-person delegation led by Li Shi, deputy director general of Invest Shenzhen of China, on Thursday in Houston.

"Shenzhen has grown from a sleepy and quiet little fishing town to a major international metropolis in about 30 years, and that is quite an achievement," he said.

Organized by the Houston-Shenzhen Sister City Association and North American Representative Office of Shenzhen, a conference entitled Invest in Shenzhen, Building a Winning Future was held at Hilton America in downtown Houston.

Li Shi and Shao Ting, director of communications and marketing for Invest Shenzhen, presented Shenzhen to local business and government leaders, and called for greater cooperation between the two sister cities, especially in the fields of bio-medicine, bio-technology and high-tech.

According to Li and Shao, Shenzhen's GDP ranked number 27 in the world, and in the past 30 years, it has given birth to a number of major companies, such as China Merchant Bank, Ping An, Huawei and Tencent (the world's third-largest Internet company by market capitalization), and 53 Fortune 500 companies have set up major regional offices there.

"We have a well-rounded economic structure, a sound legal system, a fair and transparent business environment," boasted Shao, "and we are ready to do more business with our long-time partners in Houston."

To further medical cooperation between the two cities, Li on behalf of Invest Shen signed a Memorandum of Understanding with Irman Alibhai, vice-president of BioHouston.

Also, O&P Enterprise Ltd, finance and investment company represented by its Senior Partner Joe Ochoa, also signed an MOU with Invest Shenzhen.

"We have been going over to China for five years and believe we can bring a lot of business to the table," Ochoa said.

Cao Derong, commercial counselor from the consulate general of China in Houston, praised the vibrant economy in Houston, pointing out that Houston's prosperity meant better prospects for cooperation between the two sister cities.

Later in the day, the Shenzhen delegation visited Texas Medical Center. According to Sandy Phan-Gillis, president of the Houston-Shenzhen Sister City Association, the two cities have been busy exchanging the training of doctors and nurses and conducting joint research in oncology.

"In fact, Methodist Hospital has joint medical research projects with People's First Hospital of Shenzhen and the graduate school of Tsinghua University in Shenzhen," she said.

Li Shi told China Daily that there were also a lot of exchanges in the private sector between the two cities, but Shenzhen was stepping up efforts to build bridges to encourage more exchange - and "this was a trip specially made for Houston".

mayzhou@chinadailyusa.com

(China Daily USA 11/08/2013 page11)

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