City of San Antonio Economic Development

The Culture of Business

Councilman Ron Nirenberg signs San Antonio economic agreement with Nanjing, China

Councilman Ron Nirenberg signs San Antonio economic agreement with Nanjing, China

SAN ANTONIO (November 4, 2016)  ̶  By signing a Letter of Intent with Vice Mayor Xie Zhicheng, District 8 City Councilman Ron Nirenberg established a formal economic partnership between the City of San Antonio and the City of Nanjing, China on Friday. The agreement seeks to deepen economic exchange between the two cities in industries that include healthcare, biosciences, information technology and sustainable and renewable energy.

“We know that when we forge diplomatic relationships that cross borders, we create paths for better understanding and economic partnership,” Nirenberg said. “Both of our cities have already benefited from investment and knowledge sharing, and our friendship will continue to strengthen the platform to increase business opportunities that benefit all citizens.”

Nanjing, the capital of China’s Jiangsu region, has a population of 8.2 million people and is situated in a metropolitan area of almost 30 million residents. In 2013, Nanjing’s GDP ranked 12th among cities in mainland China. It also shares many common features with San Antonio, including urban waterways, World Heritage status and burgeoning modern industries.

“The signing of the LOI is just the beginning,” Vice Mayor Zhicheng said. “What matters more is the follow up. We will be organizing delegations to visit San Antonio and look for ways to collaborate in our important sectors.”

Nirenberg, Vice Chairman of Sister Cities International, led a delegation of city representatives to China for the 8th Annual Wuxi Sister City Forum, where he delivered a keynote speech on the importance of sustainable solutions to water security challenges amid rapid urbanization. In addition, he met with business and government officials seeking to invest in San Antonio from Shanghai, Wuxi and Nanjing.

James Andrews, principal at Overland Partners, who accompanied the delegation and is collaborating on waterfront projects along the Yangtze River, said “the relationships that have been built over the years are keen to see more companies engage, share ideas and do business.”

“San Antonio now has the platform to engage in more detailed business discussions that will not only mean more foreign investment opportunities for San Antonio but will strengthen our image as a truly international city,” Andrews added.

Along with Wuxi, China, San Antonio has nine other official Sister Cities relationships: Monterrey, Mexico; Guadalajara, Mexico; Las Palmas, Canary Islands, Spain; Gwangju, South Korea; Kaohsiung, Taiwan; Santa Cruz de Tenerife, Canary Islands, Spain; Kumamoto, Japan; Chennai, India; and Windhoek, Namibia. For more information on San Antonio’s international relationships, visit www.sainternationalrelations.org.

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One San Antonio

Diverse, internationally connected and globally competitive, San Antonio has a vibrant culture and economy and is consistently ranked among the fastest-growing cities in the United States. America’s seventh-largest city offers opportunities in industries ranging from bioscience, financial services, aerospace, cybersecurity, energy and transportation manufacturing to healthcare. In 2016, San Antonio was named an All-America City by the National Civic League. We are “Military City USA,” home to crucial military commands supported by a patriotic citizenry. We welcome 32.5 million visitors annually who inject $13.4 billion annually into our economy, and UNESCO recently designated the city’s Spanish colonial missions as a World Heritage Site. Celebrating its 300th anniversary in 2018, San Antonio is a city with a storied past and an even brighter future. For more information, visit www.sanantonio.gov.

 

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This entry was posted on November 4, 2016 by in News Stories, Press Releases.

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