January 19, 2018 Texas, USA – On the morning of the day, Zhiwen Wang, Chairman of China-U.S. Chamber of Commerce (CUSCC), and Leslie Wolf-Creutzfeldt, President of Heinlyn Public Relations, a subsidiary of the CUSCC, MYG Fund Partners Zhang Jian and staff of the CUSCC came to the headquarters of the ATX Seed Ventures (“ATX”), a member of the CUSCC and a well-known American venture capital firm, to open a representative office of the CUSCC in Texas with Brad Benz, co-founder of ATX. Rollin King, COO and Chief Financial Officer Danielle Allen had a cordial talk and announced that the China-U.S. Chamber of Commerce in Texas was officially established.

Chairman Zhiwen Wang stated that the development momentum in China and Texas has been very rapid in recent years and there are more than 150 Chinese companies located in Texas. China is an important trade partner in Texas. In 2016, Texas exported 10.8 billion dollars of goods to China; since 2003, China has invested in Texas 27 projects worth US$1.6 billion; San Antonio and Houston are the top 10 U.S. cities for foreign direct investment in China, ranking 7th and 8th respectively. In the past ten years, Texas and the Ministry of Commerce of Fujian Province, Shandong Province, Jiangsu Province, and Tianjin Municipal Government have signed Memorandum of understanding to promote economic and cultural exchanges. We hope that the establishment of the CUSCC in Texas will enable us to serve local companies more efficiently and deeply, promote cross-industry and cross-national communication among our members, and build a new platform for cooperation among members.

Rollin King Jr, head of the CUSCC texas office, ATX partner, son of Rollin W. King who is the founder of Southwest Airlines, a well-known investor in Texas, has extensive experience in capital operations in the science and technology, transportation and other industries. community resource. In the early 1980s, he visited China with his father for the first time. For more than 30 years, he has traveled between China and US to promote communication and help projects successfully landed.

The visit and the establishment of the representative office in Texas have injected fresh blood into the CUSCC, a BtoB platform for the United States and China, and brought new opportunities for the members of the CUSCC. The exchanges between China and US will be more frequent and the prospects will be broader. At the same time, Texas will also acquire resources, business opportunities, and achieve greater development in cooperation with Chinese companies.