Asia Pacific Business Outlook
You are invited to attend the 30th annual Asia Pacific Business Outlook Conference (APBO) at THE LA Hotel Downtown on March 27 - 28, 2017.
APBO is a comprehensive networking and learning experience designed to provide you with the contacts and knowledge to grow and succeed.
Speculation about the future of China's trade is in heavy circulation in the media. We urge you to get and stay updated on China trade to make astute business decisions. Rather than elaborate on speculation, which as noted by Warren Buffet is not wise for making investment decisions, use the U.S. Commercial Service's reports to inform your decisions.
Additionally, the Asia-Pacific Business Outlook Conference provides a unique opportunity to meet with in-country specialists and get the most recent advice on exporting to Asia markets.
- U.S. good exports to China in 2015 were $116.2 billion
- U.S. exports of services to China were an estimated $42.5 billion in 2014.
- In 2015, China experienced its lowest economic growth rate in more than a quarter century with real GDP growth decelerating to 6.9 percent.
- China’s newly approved 13th Five-Year Plan (2016-2020) calls for ambitious policy reforms in order to “comprehensively build a moderately prosperous society” by doubling2010 GDP and per capita incomes by 2020.
- Emerging markets, like those in healthcare reforms, airport expansions and other infrastructure projects, account for over 50 percent of China’s U.S. imports.
- China’s total import of U.S.-made agricultural machinery grew by 47.5 percent in 2015 – the highest among all the major purchasers of U.S. agricultural machines
- U.S. small and mid-sized enterprises (SMEs) are major beneficiaries of China’s economic growth and increasingly consumer-oriented society.