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February 26, 2006

What’s Behind Chinese Competitiveness

CHINA BUSINESS SOURCES’ CEO COLIN WU TO KEYNOTE AT

2006 NATIONAL MANUFACTURING WEEK®

Focus on China’s Competitiveness in the International Market

NORWALK, CT (February 24, 2006)—If the business and political relationship between China and the United States is to continue its amazing growth, it is imperative to cultivate shared interests, while continuing to search for a more-expansive common ground, insists National Manufacturing Week keynote speaker Colin Wu.  Chairman and chief executive officer of China Business Sources, Wu will deliver remarks on “What’s Behind Chinese Competitiveness” at the 2006 National Manufacturing Week Conference, March 20-23, in Rosemont, IL.

Wu is an active facilitator in moving small and medium-sized U.S. companies to explore Chinese markets for their products and services, and to locate qualified suppliers to meet their sourcing needs. He emphasizes building strong relationships based on trust, and commercial ties between companies and agencies in China and the U.S. Under his leadership, China Business Sources sponsors activities such as forums, seminars, conferences, and business exploration trips as a resource for companies and organizations doing business in China.

“Colin Wu is an extremely successful international business leader who continues to bridge the gap between China and the U.S.,” said Kel Marsden-Kish, industry vice president, National Manufacturing Week. “Our customers understand the need to cultivate the economic and political relationship between both countries. His insight and international vision make him an important speaker and a cornerstone to our Conference line-up.”

What’s Behind Chinese Competitiveness in an Expanding World Market?

Wu will speak on the driving force of Chinese competitiveness in the international market, the common perception of inexpensive labor, and other factors. While addressing the strengths of Chinese manufacturing, he also will compare the competitive futures of U.S. companies against Chinese companies, and share his unconventional insights into Chinese competitiveness.

His keynote will point a way for U.S. businesses and government to regain its competitiveness in the international market. Points of interest will include: A study of Chinese cost factors and determine its competitiveness; cost factors in the social and political system; personal/cultural qualities of Chinese people; U.S. competitive future in the worldwide market; cooperation with China to better utilize a country’s competitive standing; maintaining uniqueness; trade protectionism; and the future of China’s competitiveness.

More Than 20 Years of International Leadership

Wu has successfully advised multinational companies such as Canon, Abbott Lab, FedEx and ComputerLand USA on their Chinese alliances and acquisitions, and was instrumental in establishing groundbreaking business structures in the transitional Chinese environment. A native Chinese businessman with more than 20 years experience, he is also the founder of the www.Bid8.com, on online search engine for government and commercial contracts worldwide. This organization has helped companies win business contracts totaling millions of dollars every year.

Wu is an extremely engaging and knowledgeable speaker on international business, especially as it pertains to China. He is the honorary co-chairman of the Business Advisory Council, advisory member of the Presidential Business Commission, advisory member of the International Business Center in Illinois, winner of the Ronald Reagan Gold Medal, member of the World Trade Center in Chicago, member of the Chicago Council for Foreign Relations

Earlier, Wu served at the Foreign Affairs Ministry of the People’s Republic of China from 1985-1988. Wu’s gifted language and personal skills won him praises from foreign dignitaries such as Sir Edward Heath, former U.S. Secretary of States Henry Kissinger and George Schultz, and Sir Jeffrey Palmer. He also was a teacher of English at Zhongshan University from 1988-1992.

Wu received a BA from Shanghai University of International Studies and was then admitted to Beijing Foreign Affairs College, cradle for Chinese diplomats, to receive professional diplomatic training. He holds a MA in American English at Eastern Illinois University in 1993.

National Manufacturing Week Provides Unmatched Business Opportunities

The 2006 National Manufacturing Week and National Manufacturing Week Conference promises to deliver unmatched business building opportunities for U.S. manufacturers by bringing together more global manufacturing leaders than ever before. With a stellar line-up of Conference speakers, more than 1.000 exhibitors, and attendees from around the world, the 2006 event is the best resource for U.S. manufacturers to gain the knowledge, contacts, technology, and equipment they need to grow business and compete globally.

National Manufacturing Week is the only event for engineering teams and executives responsible for design to manufacturing process to finished goods.  Tens of thousands from the U.S. manufacturing community, especially small to mid-size manufacturers, come together for in-depth education and exhibits spanning the broad spectrum of enabling technologies, systems, products and solutions necessary to grow and compete in the global economy. 

Expanded Focus on Education, Seminars and Networking

Reflecting broad support from the U.S. manufacturing community, the National Manufacturing Week Conference will present an expanded real-world conference uniquely reflecting the manufacturing process and geared to the needs of small and mid-sized manufacturers. The Conference, which begins on March 20th, will contain five tracks, 23 sub-tracks and features eight top keynoters and more than 400 additional speakers. The National Manufacturing Week exhibition floor will open on Tuesday, March 21st, providing more time on Monday for Conference educational offerings to go into greater depth and detail.

The show is sponsored by the National Association of Manufacturers (NAM) and supported by 15 associations and analyst sponsors. The exhibition floor will open on Tuesday, March 21st, devoting more time on Monday for Conference educational offerings to go into greater depth and detail.

For more information on National Manufacturing Week 2006, exhibits March 21-23, Conference March 20-23, visit www.manufacturingweek.com

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