www.illinois.gov

Pat Quinn, Governor

State Links Skip to Content Skip to State Links

 Government
 Business
 Employment
 Education
 Health & Safety
 Family & Home
 Travel & Recreation
 About Illinois
 Illinois.gov

Stay Informed

Your Government


[Search Tips]

Illinois Flag Honors

Inspector General


 IGNN: State/All Press Release

ILLINOIS NEWS
The State of Illinois News page provides access to the Illinois Government News Network and all state press releases.


FOR IMMEDIATE RELEASE
January 20, 2011

Governor Quinn Welcomes Chinese Delegation, Announces Global Business Agreements
Chinese Businesses Sign Agreements to Purchase Illinois Soy Products


 

CHICAGO – January 20, 2011. Governor Pat Quinn today welcomed a delegation of Chinese government and business leaders to Illinois and announced that more than a dozen Illinois providers of soy products have entered into sales agreements with buyers from 24 Chinese companies.

“We are doing everything we can to ensure that Illinois remains a leader in the global marketplace. We are the transportation hub of the Midwest; we have the best farmland in the world; and we are committed to growing green technologies,” said Governor Quinn. “These important agreements with China will further grow our economy, and we will continue to show the world why Illinois is a premier place to do business.”

China is Illinois' third-largest export destination, and Illinois is among the top five states for agricultural export to China. Farmers and companies with operations in Illinois, including ADM, Bunge, Cargill, CHS, Columbia Grain Trading and Louis Drefyus, participated in the agreements with Chinese firms.

Governor Quinn was joined at today’s event by China's Vice Minister of Commerce Wang Chao, Danny Murphy, Chairman of American Soybean Association Trade Policy and International Affairs Committee and Treasurer of U.S. Soybean Export Council, entrepreneurs from China and the representatives of the Illinois Soybean Association.

“The Chinese government highly values and supports the Sino-U.S. business cooperation that aims at a win-win result, and it is the mission of the Chinese delegation to encourage more Chinese purchase from and Chinese investment in the United States,” said Vice Minister Wang.

Agriculture export to China from Illinois has increased each year since 2007, from $149 million to $552 million in 2009. Illinois' overall export to China in 2009 reached $2.47 billion. More than 30 Chinese companies have invested in Illinois, employing thousands of Illinois citizens.

“The Illinois Soybean Association is very pleased to have Governor Quinn be part of this signing ceremony with China, our number one customer of Illinois soybeans,” said Ron Moore, Illinois Soybean Association chairman. This is a testament to how the Governor recognizes the value and importance of Illinois soybean production, which ranks second in the U.S. with 466 million bushels harvested in 2010.”



RAW TAPEGovernor welcomes Chinese delegation and announces global business agreements

RAW TAPEQ & A w/Governor Quinn


###

News Categories

 State/All
 Governor's Office
 Lt. Governor's Office
 Agriculture
 Budget/Fiscal
 Business
 Children/Families
 Culture
 Disabilities
 Economic Development
 Education
 Environment
 Flag Honors
 Health/Human Services
 History
 Infrastructure
 Opportunity Returns
 Recovery
 Safety/Security
 Technology
 Tourism/Recreation
 Transportation
 Workforce/Jobs

News Resources

 Search the News
 IIS Radio News
 RSS News Feeds
 e-News Subscriptions
 Communications Office
 Privacy Statement

Features

Sign up for an e-news subscription
Copyright © 2014 State of Illinois Site Map | Illinois Privacy Info | Kids Privacy | Web Accessibility | Contact Us