(Source: NCRC, by Stephen Weststeyn)
Melody Chen of Artisan, CEO Dr. Henry Zou of Henry Global and NCRC Executives
We at Northern California Regional Center traveled to China last month to seek out investment for our current EB-5 project, the Weststeyn Dairy Farms project. As there are many investors coming to the U.S. from China, we decided to travel there, and spend some time there informing people of our current project. We traveled to many cities in China, including Beijing and Shanghai, and was quite the experience. The timing of our trip could not have been better noting the changes in the Canadian immigration program that have made the U.S. EB-5 program a much more desirable to foreign immigrants. Traditionally the Canadian immigration program has outperformed the United States EB-5 immigration program quite substantially, and there have been far more Chinese emigrants that have gone to Canada than the United States through these immigration investment programs. However Canada has changed their immigration by investment program, and Chinese emigrants see the United States as a much better deal. It really is a hard choice for foreign investors, live on the cold, snowy slopes in Canada, or by the warm, sunny California beaches. This recent change in the Canadian immigration program provided our regional center with the most optimal timing for our trip to China. Also when we were in China, we learned that the California governor Arnold Schwarzenegger was going to be in Shanghai talking about the United States EB-5 program. The star power of Arnold made for a very responsive enthusiasm for California EB-5 projects.The Chinese economy is growing very rapidly, and you could feel that there was a wealth of opportunity to be had in China. Every city that we visited confirmed this feeling. One thing we noted when visiting is that there is a need for high quality protein food sources. The traditional Chinese meal is very low in protein. The Chinese demand for high quality protein sources will be a huge driver of growth in the global marketplace. With over 1.5 billion people to feed, they will need to source food products from all over the world in order to feed their populace. In the dairy industry, the Chinese have been one of the largest driving forces of global demand for dairy products. Rabobank, a large international agriculture bank, has recently cited milk demand growth to quickly outpace supply over the next decade leaving tremendous opportunity for the dairy industry in the United States. There is a great potential in the United States, especially California, to help China quench its thirst for dairy products. California has been a leader in the United States for dairy with the highest milk production than any other state, and has some of the most efficient dairy operations in the world. Northern California Regional Center is proud to offer investors the opportunity to invest in a project that will essentially be helping to feed the world. Our trip to China was quite an experience, but it did show that there is opportunity in China. Our trip to China was not only opportunity to inform potential investors of our project thanks to the changing of the Canadian immigration program and our California governors visit, but it was also an opportunity to see how successful our EB-5 project could be in the decade to come with China’s growth in demand for high quality food sources.
Artisan Business Group, Inc., has assisted many regional centers in entering China market, for more information about our services, please contact us today.
Artisan Director Melody Chen, NCRC Executives at East JP Star Consutling in Beijing
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