A state-funded, non-profit organization aimed at attracting Chinese investment to Michigan is set to open Monday in downtown Detroit.
News report the Michigan-China Innovation Center will have its new office at 1001 Woodward in the city's core.
In March, the non-profit center was given a $5 million grant from the Michigan Strategic Fund Board.
That money will reportedly go toward salaries for center's staff of 10 full- and part-time positions, as well as to marketing, a Chinese website, start-up costs, travel expenses and the 2,000 square feet office space at the 1001 Woodward Building.
Brian Connors, the executive director, told the center will be aimed at Michigan benefiting from the growing Chinese economy.
"With the incredible growth of China's economy, it is a crucial strategic partner," Connors told. "We want to make sure Michigan is taking advantage of all the opportunities so we can drive economic growth and increase our competitiveness."
MLive.com
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