Idaho delegation explores Shanxi trade opportunities

"Sino-US economic and trade cooperation has always been a mutually beneficial link," said Li Guorong, deputy director of the Department of Commerce of Shanxi Province, at the opening ceremony. "In 2024, the import and export volume between Shanxi and the US accounted for nearly one-fifth of the province's total. The US has become Shanxi's largest export market."

So far, the province has attracted 59 US companies to settle in Shanxi, as investment from the US steadily increases.

"As an important energy base in China, Shanxi is accelerating the construction of a modern industrial system based on its resource endowment and industrial foundation," said Li. "It is promoting the transformation of traditional energy towards green and low-carbon development, with emerging industries such as the digital economy, high-end equipment and biomedicine thriving, providing more efficient services and a higher quality environment for global investors."

He emphasized that Idaho has outstanding advantages in agricultural technology and food processing, while Shanxi has enormous potential in the modern agricultural specialty food industry, which shows the high degree of industrial compatibility between the two sides.