Biden appointee helped bring Chinese businesses to Delaware, says they are long-time friends
Delaware has attracted significant interest from Chinese businesses, thanks in part to the efforts of Michael Marquardt, a Biden appointee who is deeply rooted in the Delaware community. Marquardt, appointed by Biden in 2022 to the U.S. Commission for the Preservation of America’s Heritage Abroad, has a long history of advising international companies and assisting the Delaware Prosperity Partnership (DPP) in attracting Chinese investments to the state.
For the past two decades, Marquardt has been actively involved in facilitating business relationships between Delaware and China. As a “global advisor” of the DPP since 2017, he has utilized his social media platforms to showcase his work in connecting Chinese business leaders and companies with Delaware.
In one instance, Marquardt welcomed over 50 Chinese business executives to Delaware on a visit sponsored by the Bank of China. He organized a program highlighting the benefits of Delaware as a gateway to America and conducted tours of successful companies, leaving the visitors impressed by the state’s potential for business growth.
Additionally, Marquardt has played a pivotal role in promoting cultural exchange programs between Delaware and China. From funding summer programs for high school students studying Mandarin to hosting Chinese business executives at DelawareGlobal, he has been instrumental in fostering a strong economic and cultural bond between the two regions.
Marquardt’s involvement in bridging the gap between Delaware and China extends beyond economic endeavors. He has participated in various events that celebrate and strengthen the business ties between the United States and China, including the China-U.S. Economic and Trade Cooperation Conference in New York City.
His connections with influential Chinese leaders, such as Hu Chunhua and Vice Premier Wang Yang, have paved the way for productive collaborations and discussions on business opportunities between the two nations.
Marquardt’s dedication to promoting foreign investment in the United States, particularly in Delaware, has not gone unnoticed. His work has been recognized by organizations like the China Entrepreneur Club, where he has engaged in fruitful discussions and follow-up meetings with top business leaders in China.
His commitment to fostering international partnerships is evident in his participation in events like the SelectUSA Summit, where he represented the DPP in attracting foreign businesses to invest in the United States.
Delaware’s economic ties with China have flourished under Marquardt’s leadership, with significant exports to China in recent years. His efforts have been instrumental in showcasing Delaware as a welcoming and innovative destination for businesses seeking to expand their operations.
Marquardt’s close relationship with President Biden and his active involvement in Biden’s political campaigns highlight his deep roots in the Delaware community. As a prominent figure in the state’s business and political landscape, Marquardt continues to play a crucial role in strengthening Delaware’s economic ties with China and promoting global partnerships.
His passion for facilitating international business partnerships, combined with his strategic insights and extensive network of connections, makes Marquardt a valuable asset in enhancing Delaware’s position as a leader in attracting foreign investments and promoting economic growth.
