Newsletter June 2014
THANKS TO THE GENEROSITY OF:
DIRECT INQUIRIES THROUGH THEIR WEBSITE
DCBA 19th Annual International Golf Outing and networking
Save the dates for our most exciting Golf Outing Ever.
On Thursday, September 18th, our 19th Annual DCBA International Golf Outing and Networking will be held again at TPC Michigan in Dearborn.
Date: Thursday, Sep 18th, 2014
Venue: TPC, Michigan, One Nicklaus Drive, Dearborn, MI 48120
On Friday, September 19th we will have follow up meetings, panels, presentations, luncheon for our high level delegation of China’s Commerce Ministry. Our Special guests include 20 plus business executives from China in town with a mandate, seeking joint ventures, collaborations, investments for Michigan companies with green technologies for the Chinese automotive/transportation industries/market.
Details will come soon.
For event sponsorship information and /or other questions regarding the outing/delegation, please contact:
2014 CHINA AUTO FORUM BUILDS NEW BRIDGES FOR COLLABORATION
Written by ROBERT E. MATTLER
The Detroit Chinese Business Association (DCBA) hosted a large delegation of executives from the China Association of Automobile Manufacturers (CAAM) at an event in Troy on June 13th which will most certainly lead to increased cooperation, collaboration and business between two of the largest automobile industries in the world. The event provided attendees ample opportunities for networking, learning about the Chinese automobile industry and steps in overcoming barriers between the two industry groups.
Following greetings from the Mayor of Troy, Dane Slater, and Jerry Xu, President of the DCBA, attendees heard from Mr. Yang Dong, Vice Chairman & General Secretary of CAAM. Mr. Dong provided a clear background and history of CAAM and communicated both the Chinese industry’s recent progress and current challenges in China becoming a formidable world wide automobile manufacturer. Mr. Dong explained the need for a more robust research and development (R&D) program both domestically and abroad. He also emphasized he was in the US on behalf of the Chinese Automobile Industry’s interest in learning more from the American automobile manufacturers.
The keynote speaker, Mr. Michael Liu, Chairman of Third Wave Group, elaborated on the need for a larger Chinese OEM presence in Southeast Michigan. Mr. Liu has been successful in building bridges between Chinese and US manufacturers, opening up markets and business opportunities in other industries. He specifically spoke of providing the same leadership, cooperation and collaboration in building a Chinese automobile R&D park in Southeast Michigan. Michael spoke of opportunities Michigan missed with several other Asian automobile manufacturers’ R&D facilities built elsewhere and that this present opportunity is here to be seized. Billions of dollars of economic development and employment are at stake for Michigan to seize the present opportunity with the Chinese Automobile manufacturers and not let it slip away.
Further presentations were provided by Mr. Shushong Wang, Partner of Miller Canfield and Mr. Steve Hilfinger, COO of the Michigan Economic Development Corporation (MEDC), along with a panel of experienced professionals who all provided learned voices on increasing business with CAAM and their members in Michigan. The panel, moderated by Bill Black, featured Mary Buchzeiger, COO of Sure Solutions, Ruby Yim, Senior VP and Partner at Fleishman Hillard along with James Cambridge, Senior member of Kerr Russell law firm, who were unanimously bullish on increased business opportunities between US and Chinese automobile manufacturing companies. The panel opined while hurdles remain regarding product integrity, regulatory compliance and development of closer relationships between businesses on both sides of the Pacific, the momentum was building for increasing business volume in our region with CAAM and others.
An upbeat networking session was followed by dinner which included Matt Gibb, Deputy Oakland County Executive, who made certain all attendees were aware that Oakland County is open for business and that the county is very familiar working with OEM’s from around the globe. The DCBA wishes to thank its sponsors for supporting the 2014 China Automotive Forum, including: KPMG, Rehmann, Cats Co, Kerr Russell, Miller Canfield, Lucerne International, Hylant, Fleishman Hillard, Mellen Smith & Pivoz, PLC, Deloitte, Farbman Group, Clayton & McKervey PC, Comerica Bank, Rudolph Libbe, MessageMakers, NorthCal, Corrigan, UHY LLP, idelity National Title, DTE Energy, Oakland County Economic Development, Stratacomm and media sponsor, Greening Detroit.com.
Emcee and Speakers: Jerry Xu, Shusheng Wang, Black Bill, Mary Buchzeiger, Yang Dong, Michael Liu, Jim Cambridge, Ruby Yim, Steve Hilfinger
Mr. Yang Dong with DCBA gold sponsors
Mr. Yang Dong with DCBA silver sponsors
Mr.Yang Dong with DCBA Bronze Sponsors
DCBA in The news
Chinese investors discovering lure of Motor City
By Adelina Zhang in New York (China Daily USA)
..."Jerry Xu, president of the Detroit Chinese Business Association, said Chinese companies have been looking or already invested in the Detroit metropolitan area for years. "We do not have a very accurate number," he said. "But we estimate there are close to 200 companies."...Read More
“Win-Win” or Win-Lose? The Case of Fisker Automotive and the Wanxiang Group
By Tom Watkins, advisor, University of Michigan Confucius Institute
"...The Detroit Chinese Business Association is working with the State of Michigan to maximize ways to assure China's rise does not come at the state’s demise. The DCBA recently hosted a delegation of the China Association of Automobile Manufacturers (CAAM) in America, seeking local partners to expand their business in Michigan and America."...Read more...
China firm plans $120M auto R&D center in Plymouth Township
By Dustin Walsh
..."Jerry Xu, president of the Troy-based Detroit Chinese Business Association, said a win for Third Wave, and other Chinese investors here, could trigger a pipeline for more investment."...Read more...
Happy Safe and Memorable Independence Day to everyone