Dallas Mayor undertakes trade mission to China and South Korea

Dallas Mayor Mike Rawlings has announced he will go to Shanghai, China, and Seoul, South Korea, to promote economic development, business opportunities and tourism with the Dallas and Fort Worth region, the mayor said.

The mission´s delegates, including DFW International Airport, DFW business leaders, the Dallas Regional Chamber, the Fort Worth Chamber of Commerce, VisitDallas and the Fort Worth Convention & Visitors Bureau, will be meeting government officials, business executives and local leaders, showcasing the benefits of operating in DFW and the growing economic ties between North Texas and Asian cities.

The multifaceted trip also will emphasize the role that international flights at DFW International Airport play in the connections between North Texas and China and South Korea.

The mission delegation includes members of the DFW Airport Board of Directors, along with representatives of the Dallas Regional Chamber, the Fort Worth Chamber, VisitDallas, the Fort Worth Convention & Visitors Bureau and others. They will be joined by senior leaders from American Airlines, Axxess, Civitas Capital Group, Crow Collection of Asian Art, Estrada Hinojosa & Co., International Leadership of Texas, Jackson Walker LLP, NorthPark Center, the Overseas Korean Trade Association — Dallas and Wild Oats Marketplace. The Greater Dallas Korean American Chamber of Commerce also supported the trade mission.

Thirty-one Chinese-owned companies operate US or North American headquarters and other facilities in the Dallas and Fort Worth region, including AZZ, DerbySoft, Huawei, NGC, TaoTao, Veri Silicon and ZTE.

Total bilateral trade with China accounts for 10.3 percent of Texas´ trade with foreign countries. China is Texas´ third-largest export market (USD 11 billion), behind Mexico and Canada. And it is Texas´ second-largest import market (USD 37 billion), behind Mexico, according to 2016 figures.