Augusta -
A delegation led by Governor LePage has just returned from a trade mission to China. At a press briefing Tuesday, members of the LePage team said they're encouraged by the possibilities of boosting Maine's economy by partnering with China.
China's interest in investing in the U.S. is skyrocketing. In fact, China has invested more than $3 billion in the United States since 2010. The LePage administration is hoping to attract some of those investment dollars here. That was the goal of their recently completed trip overseas, according to Janine Bisaillon-Cary, President of the Maine International Trade Center. "We might not be ahead of the curve on that, but we're not very far behind it, let's put it that way," Bisaillon-Cary said Tuesday. "So the timing on this, I think, was really good. We had a lot of interest everywhere we went."
The group spent a busy week fostering relationships and promoting the products Maine offers that China could use. Last year, Maine exported $275 million worth of goods to China. "The breakdown is all the usual suspects in terms of the top five. You've got pulp paper, semi conductors, and industrial machinery," Bisaillon-Cary said.
But she adds that Maine's seafood industry is rapidly climbing that list. "Lobster, I think, last year ended up increasing about 500% in terms of export sales."
According to LePage Senior Economic Advisor John Butera, another market where Maine can look to compete in China is in the area of food quality. "The Chinese, their buying habits are moving up in terms of higher food quality products. That's a perfect niche for Maine's agriculture and natural resource products," Butera told reporters.
Now that connections have been made in China, nurturing those relationships will eventually determine how successful this trade mission was. "The most important part of all of this is the follow up," Butera said, "and we're prepared to do that. Both the companies, the governor's office, the International Trade Center, Economic and Community Development Department. We have to continue to follow up. We've started that relationship, but we need to continue."
The head of Maine's Department of Economic and Community Development, George Gervais, said the admistration is looking into the possibility of having someone in China full-time to make sure Maine business interests are represented in China.
LePage Administration Calling China Trade Mission A Success
-
Authorities Continue to Work Together to Search for Nichole Cable
-
Wardens Invite Public to Search for Missing Glenburn Teen
-
Bands Battle In Ellsworth To Benefit Area Nonprofit
-
Relay For Life Raises Over $250,000 for Cancer Research
-
Law Enforcement May Soon Need Warrants To Use Cameras On Remote Private Property
-
Valley Grange Awards WABI
-
Fugitive Arrested Following Chase
-
Bargain Hunters Prepare for 10-Mile Yard Sale in Cornville and Skowhegan
-
Penobscot Narrows Bridge Observatory Opens Saturday
-
A Spectacular Day For Seniors In Bangor
Comments
Add your comments to the discussion. By submitting a comment, you agree to the terms of the terms of use and are 18 years of age or older.
Fields marked with a * are required.
Want a personal picture next to your comment? Sign up for a free Gravatar or post with your facebook account.
Facebook Comments
Breaking News from CBS
-
Long Island police defend Hofstra student killing
Known criminal had Hofstra student Andrea Rebello in a headlock after robbery; officer fired eight bullets, killing both
-
Dressing down a culture for refusing to dress up
One Notre Dame professor crusading against "a nation of slobs" seeks to teach her students the lost art of more elegant attire (with poll)
-
Lottery officials confirm lone winning record Powerball ticket
Someone in Fla. won the largest-ever $590M Powerball Saturday; ticket sold at supermarket in Zephyrhills
-
1 winning ticket sold in Fla. on Powerball
Lottery official in Iowa confirmed the ticket matching all six numbers for jackpot of more than $590 million was sold in Florida
-
Understanding heroin and its hold on addicts
A look at the highly addictive drug's history, use and treatment for those who get hooked







Add your Comments