FirstPathway Weblog

Bob Kraft  FirstPathway Chairman and CEO joins Wisconsin Governor Jim Doyle on a trade mission to Shanghai and Beijing this week. Jon Huntsman, United States Ambassador to China will host the delegation at his residence tomorrow to discuss investment and trade between China and Wisconsin.

This Friday at the Grand Hyatt Beijing, Bob Kraft will present on the topic of EB5 during a business strategy & opportunities seminar hosted by the mission entitled “Introducing Wisconsin”. Guests are by mission invitation only.

Doyle and delegation are also to meet with the Ministry of Commerce, China Council for the Promotion of International Trade (CCPIT), the Ministry of Science and Technology, Party Secretary Sun Chao, and Officials of the Minhang District of Shanghai.

During his trip to the Pacific Rim Kraft plans to visit FirstPathway offices, partners and agents though out China and South Korea.

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On Wednesday April, 1^st 2009 Zhang Yingxin, Deputy Director General, of the Investment Promotion Agency of the Ministry of Commerce for the Peoples Republic of China (CIPA), was proud to announce the successful results yielded by its 2007 memorandum of understanding with Wisconsin. The CIPA’s charge is to engage the Chinese investment promotion process through foreign direct investment both in and from China.

In her recent letter to Wisconsin Department of Commerce Secretary Leinenkugel, Yingxin commented on the importance of “coordinating international efforts and enhancing cooperation” especially in times of economic turmoil. Yingxin also cited ties between allies, like Wisconsin and China, as vital in such times. China is Wisconsin’s third largest trading partner.

Later this month Governor Doyle, Secretary Leinenkugel, and our own Bob Kraft will meet with the CIPA delegation to discuss investment synergies and perform local field visits. The state of Wisconsin is honored to host such an influential and cooperative economic partner.