China - Chicago Ties

China is one of Chicago’s largest trading partners with 60+ Chinese companies in Chicago and 150+ Chicago companies in China

Business Ties
  • Chicago-China Cities Gateway Cities Agreement, December 2013
    • Beijing, Shanghai, Tianjin, Qingdao, Shenyang, Hangzhou, Wuhan, Chengdu
    • Chicago is first and only official U.S. Gateway City for investment and tourism
    • Outcome: Joint Chicago-China business accelerator agreement, July 2015
  • Over 60 Mainland companies; Wanxiang, Goldwind, Bank of China, BYD, Hainan; Lenovo Motorola acquisition from Google, 2014, $2.91 billion
    • Wanxiang America Corp. is on the WBC Board of Directors
  • Wanda Group announced in 2014 a $900 million,  99 story Lakeshore East hotel and tower complex
  • Cindat Capital Management $50 million investment in purchase of 311 S. Wacker office tower in $300 million deal, 2014
  • In 2016 the Chicago Transit Authority awarded a contract to CSR Sifang America Joint Venture for manufacture of 846 rail cars. CSA plans to build a south side plant employing 170.
  • Daily nonstop flights to Beijing, Shanghai on United, American; nonstop flights to Beijing on Hainan Airlines
  • More than 160 Chicago-area companies with operations on the Mainland
  • $34.1 billion in trade; O’Hare is largest U.S. air gateway for China trade
  • World Business Chicago Shanghai Office; Illinois offices Shanghai, Hong Kong; Chicago tourism offices Beijing, Shanghai, Guangzhou, Chengdu
Recent Expansions
  • Avian Machinery Co., global HQ, relocation from Naperville to West Chicago, 2015
  • The Bank of China, 2013
  • Hainan Airlines, 2013, 2015
  • Goldwind, US HQ, 2011
  • China Central Television (CCTV), 2012
  • China Telecom Americas, 2011 (China Telecom Corp.)
  • Dowin Enterprises, 2010 (DowinProducts)
  • Wanxiang America Corporation, NA HQ, 2010 (Wanxiang Group)
  • Xinhua News Agency, 2008
  • HuaMei Capital Company, Inc., 2007
Total Trade, 2016: US $35.4 billion
  • Total Imports to Illinois, 2016: US $30.2 billion
  • Top Import Categories, 2016: Electric machinery, machinery parts, toys, furniture and plastics
  • Total Exports from Illinois, 2016: US $5.2 billion
  • Top Export Categories, 2016: Grains, machinery parts, electric machinery, medical instruments and food industry waste
Educational Ties
  • 16,350 Mainland students in higher education in Illinois
    • University of Chicago Beijing Center
    • Northwestern Executive MBA program, Peking University, from 2014
  • Chicago Public Schools features the largest public school Mandarin program – 12,000 students
  • Confucius Institute Chicago since 2006 at Walter Payton Prep