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Commerce Secretary Gary Locke Addresses American Chamber of Commerce Shanghai and U.S.-China Business Council in Shanghai

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FOR IMMEDIATE RELEASE
Wednesday, May 19, 2010
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Commerce Secretary Gary Locke Addresses American Chamber of Commerce Shangai and U.S.-China Business Council in Shanghai

Remarks

SHANGHAI – U.S. Commerce Secretary Gary Locke delivered remarks today at a luncheon hosted by the American Chamber of Commerce Shanghai and the U.S.-China Business Council in Shanghai to discuss the goals of his business development trade mission to China and the opportunities available for U.S.-China collaboration in the clean energy market. Accompanied by 24 U.S. businesses representing a cross-section of the best that America has to offer in clean energy, energy efficiency, and electricity energy storage, transmission and distribution, Locke stressed the importance of this commercial opportunity for both U.S. and China companies to draw on their respective strengths to combat the world’s energy and climate challenges. 

While in Shanghai, Locke met with companies participating in the U.S.-China Energy Cooperation Program (ECP), an innovative public-private partnership that deploys the expertise of U.S. companies to help develop clean energy solutions in China.  The Commerce Department is one of several U.S. government agencies supporting the ECP.  He also toured clean energy projects operated by U.S. companies in Shanghai, including Dow Chemical and Pratt & Whitney.

U.S. companies on the mission participated in one-on-one meetings with businesses in Shanghai’s clean energy sector to explore new business opportunities.  They also met with a group of Chinese firms active in the clean energy sector and with Shanghai Municipal Committee Party Secretary Yu Zhengsheng.

Shanghai is the second stop of Locke’s clean energy business development trade mission.  This is the first cabinet-level trade mission of the Obama administration, and it comes on the heels of the recently announced National Export Initiative, which aims to double American exports by 2015 to support the creation of new jobs in the U.S.