China is the world’s fastest growing major economy, having moved past major economic powerhouses like Japan to become the number 2 economy in the world.  It received $14 billion in California goods and services in 2012, up 311 percent in the past ten years alone.

China’s emergence as a global economic power is an amazing opportunity for California companies interested in expanding their international footprint.  And with the state’s decision to reopen a trade and investment office in Shanghai, California companies will be able to identify ways to share in China’s development.