Dayton, businesses court trade with China

By June 8, 2012 November 20th, 2012 News

Fifty leaders from state join the mission to improve economic ties.

Minnesota is making a big move to deepen its economic ties with the state’s No. 2 trade partner.

On Friday, Gov. Mark Dayton and a group of 50 Minnesota business, agricultural and academic leaders departed for China on a 10-day trade mission that will include stops in Shanghai, Beijing and Xian. Some of the biggest names in Minnesota business, including 3M, Best Buy and Medtronic, along with various agricultural trade associations, will be making the trip to encourage more enterprise with the world’s second-largest economy.

“The goal is to strengthen the current relationships and to build new ones,” Bob Hume, Dayton’s spokesman, said in an interview Friday.

The trade mission to China comes at a time when Minnesota has seen its exports to the Middle Kingdom rise dramatically over the past year. China’s economy is expected to expand by 7 to 8 percent this year, dwarfing Minnesota’s 1.2 percent growth rate in 2011.

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