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China and California sign deal to boost investment

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China and California sign deal to boost investment
BEIJING (AP) — California and China signed an agreement Wednesday to look for ways to boost trade and investment, even as Gov. Jerry Brown acknowledged the state's reputation for red tape and its limited willingness to offer tax incentives. [...] he said the aggregate income of Californians is $1.9 trillion, and that the state remains a magnet for risk-taking venture investors, start-up entrepreneurs and other smart, creative people. Sectors identified for cooperation include infrastructure, environmental protection, agriculture and bio- and information technology. Reported by SeattlePI.com 5 hours ago.

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