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Press Release

Western China Flipping Wings for Foreign Cooperation
CHINAnUSA.com Bringing US Buyers on Board


Fremont, California, April 27, 2001 - In response to the Chinese central government's decision to shift the focus of economic development from eastern areas to the underdeveloped western China, Ningxia Provincial Government has kicked off a series of visits to the US focusing on the latest development and management in key areas such as environmental protection, industry restructuring, information technology, and resource exploitation.

To assist groups like Ningxia Provincial Government in maintaining accurate alignment with current e-commerce developments and trends, Silicon Valley-based CHINAnUSA.com initiates a training session with the delegation. CHINAnUSA.com, whose dynamic trading solutions have successfully provided a seamless, simplified, and efficient marketplace for all trading participants in China and the US, understands the importance of communicating the most up-to-date know-how to its Chinese customers, thus enabling them to deviate from traditional business practices. Mr. Edward Zhang, Director of China Operations with CHINAnUSA.com, presents the company’s approaches in providing a complete network from product sourcing to shipping logistics. He also shares his views on the overall IT business development in Silicon Valley.

“Ningxia province has a great chance to thrive on the 10-year development plan. With this goal set, our first step is to bring back the most up-to-date development in the IT and e-commerce industries to our local manufacturing enterprises,” said leader of the Ningxia Province delegation.

While China’s long term economic improvement plan has brought to the surface considerable trading opportunities, they don’t mean much to US companies if they don’t know how to access the market. Eliminating the barriers to market penetration will require companies like CHINAnUSA.com.

“We are the locals of the China and USA marketplaces,” said CEO Jerry Shih of CHINAnUSA.com. “Having networks of businesses in those two countries well categorized based on industries, business scales, and other parameters, we can easily match right trading partners when opportunities like this come. More importantly, we take proactive steps to match make them. We seize opportunities for them.”

With an increase in trade cooperation between China and USA, this business community is to expect more B2B e-commerce companies down the road. However, only companies like CHINAnUSA.com, having the ability to timely connect buyers and sellers, will be able to deliver results in the B2B e-commerce pool.

About Ningxia Autonomous Region

Ningxia Autonomous Region is situated on the northwest loess highland with 5.62 millions of population. This region channels a variety of industries in coal, electric power, metal working, petroleum, machinery, chemical, building materials, textile, synthetic fabrics, medical, plastic, daily silicate, sugar, electron, meter leather, paper, cigarette, and food processing. During the World Bank Vice President Mohammed Mushin’s three-day visit of the autonomous region in mid April, the vice president was satisfied with the results of Ningxia’s improvements in economic and social conditions by using loans from the bank. He added that the World Bank will consider more programs for Ningxia. In addition to aids from the World Bank, Ningxia Autonomous Region is looking into more cooperation and investment from overseas companies.

About CHINAnUSA.com

CHINAnUSA.com was founded in June 1999 under AskE Media, Inc. Headquartered in Fremont, California, the heart of Silicon Valley. CHINAnUSA.com facilitates an "evolving" international trade community by integrating online and offline services and solutions. CHINAnUSA.com's business model focuses on "connecting the supply and demand between China and USA". By providing a complete trading solution to the cross-border trade community between China and USA, we are simplifying the trading complexities. We strongly encourage partnership of all buyers and sellers working jointly to achieve significant reductions in the burdens and costs associated with inefficient trading practice. Information on CHINAnUSA.com and its services can be obtained at www.CHINAnUSA.com.

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Contact:
Bernardo Nakata
Marketing Specialist
Tel: 1-510-497-8787
E-mail: bernardo_nakata@CHINAnUSA.com
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