Category Archives: Business
Rochester New York Heralds the Joint Origins of National Asian American & Pacific Islander Heritage Month
May 26, 2015 Washington DC – Thirty eight years ago, Representatives Frank Horton from Rochester NY (R-NY) and Norman Mineta (D-CA) introduced House Resolution 540 (Pacific/Asian Heritage Week) in Congress to proclaim the first ten days of May as Pacific/Asian Heritage Week now known as Asian American Pacific Islander Heritage Month. May was denoted to commemorate the first Japanese immigrant to the U.S., and also to mark the anniversary of the completion of the trans-continental railroad, the majority of the tracks laid by Chinese workers. Subsequently President Jimmy Carter signed the Joint Resolution on October 5, 1978. In 1992, President Bush signed legislation into law designating the month of May as we know now as Asian American Pacific Islander Heritage Month. Law HR-5572 originally introduced by Horton and Mineta, was unanimously approved by both the House of Representatives and Senate during the 102nd Congress.
During the first ever White House Summit on AAPIs, U.S. Surgeon Vice Admiral Vivek Murthy M.D. was installed as the new co-chair of WHIAAPI. President Obama proclaims, “The rich heritage of Asian Americans, Native Hawaiians and Pacific Islanders spans the world and the depths of America’s history. Generation after generation, Asian Americans & Pacific Islanders have forged a proud legacy that reflects the spirit of our Nation. During AAPI Heritage Month, we honor the perseverance of those who courageously reached for their hopes and dreams in a new land, and we celebrate the important impact the AAPI community has made to our Nation’s progress…As we commemorate Asian American Pacific Islander Heritage Month, we pay tribute to all those in the AAPI community who have striven for a brighter future for the next generation. Together, let us recommit to embracing the diversity that enriches our Nation and to ensuring all our people have an equal chance to succeed in the country we love.”
The Multicultural Edge of the Rising Super Consumer
Multicultural consumers are transforming mainstream U.S. marketplace business economy. Propelled by twin engines of population growth and expanding buying power, they are at the leading edge of converging demographic and social trends, redefining the increasingly diverse consumer marketplace. By understanding the cultural landscape that drives multicultural consumer behavior today, marketers and advertisers can anticipate future business market trends and forge long-term relationships with the most robust and fastest growing segment of the U.S. consumer economy.
THE NEW MAINSTREAM
- African-Americans, Asian American Pacific Islanders, Latino Americans et al comprise 38% of the U.S. population with U.S. Census projections forecasting multicultural populations will become the numeric majority by 2044
- 92% of the total growth in the U.S. population from 2000-2014 came from multicultural consumers
- U.S. multicultural buying power is currently $3.4 trillion
MULTICULTURAL BUYING AND SUPER CONSUMERS
- Super consumers represent top 10% of a category’s household consumers and drive minimally 30% of sales, 40% of growth and 50% of profits
- Super geos are geographic regions and metropolitan areas with very high concentrations of Super Consumers of categories
CULTURALLY DRIVEN BEHAVIORS
- 82% of multicultural heavy consumers actively use a smartphone vs 70% of non-multicultural counterparts
- Multicultural heavy consumers are 32% more likely to be the stop segment of mobile users averaging 73 website visits per month and more likely to use an average of 46 apps per month
Adapted from Nielsen, An Uncommon Sense of the Consumer™ www.nielsen.com
U.S. Dept. of Labor Deputy Secretary Christopher Lu Keynote Speaker at National ACE Conference & Awards Ceremony
U.S. Department of Labor Deputy Secretary Christopher Lu stated emphatically the Value of Collaborations during his keynote opening remarks at the Asian Pacific Islander American Chamber of Commerce & Entrepreneurship 2015 National ACE Conference & Awards Ceremony held at the Ronald Reagan Building and International Trade Center in Washington, D.C. Honorable Christopher Lu serves as the Chief Operating Officer of a 17,000 employee organization that strives to create greater opportunities for all Americans. Earlier Lu served as the White House Cabinet Secretary and Assistant to the President. As one of the highest ranking Asian Americans in the Obama Administration, Lu was also the Co-Chair of the White House Initiative on Asian Americans and Pacific Islanders.
National ACE brings together the leadership and insights of business owners, entrepreneurs, corporate leaders and government officials from across the country. Unite Learn & Prosper theme showcased the issue of invisibility among the AAPI community in all industry sectors including higher education, business and workforce labor areas. Establishing a pipeline with fair access to opportunities critical to ensure inclusion and success of AAPI community. Latest findings on the Asian American Pacific Islanders AAPI business and consumer communities were shared by Nielsen, CNBC and ACE leadership team. Highlights included remarks by Honorable Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration; Ken Niumatalolo, Head Football Coach at the U.S. Naval Academy; and Dominic Chu, Markets Reporter for CNBC and Cornell University School of Hotel Administration graduate.
Pulitzer Prize Award Winning Journalist José Antonio Vargas states, “Our Equalities are Tied to Each Other” #EmergingUS #DefineAmerican
NYS LT Governor Kathy Hochul Reports Updates on 2015 Finger Lakes Regional Economic Development Council Program Initiatives
BHG Beijing Hualian Group Investment Holding Co., LTD. Chairman Ji Xiao An Visits Wegmans Food Market USA Headquarters
Wegmans Food Market flagship store in Pittsford New York recently launched a series of healthy home-style Chinese foods in collaboration with China’s leading hypermarket retail enterprise, the Beijing Hualian Group Investment Holding Co., LTD. BHG Chairman Ji Xiao An and his innovation team led by Frank Ji oversaw the development and training of Chinese culinary dishes for the chefs at Wegmans. Ready to eat foods emphasize authentic, nutritious and tasty dishes including Shiitake Mushroom Congée, Sichuan Style Dandan Noodles and Chinese Barbequed Pork. Catering to the ever-growing international palate of Wegman’s customers, their newly renovated Asian foods pantry now stock a wide variety of fresh Chinese youchoy and bokchoy greens, Daikon icicle radishes and select varieties of bulk long-grain and short grain rice.
BHG Beijing Hualian Group Investment Holding Co.,Ltd. is a leading multinational global enterprise as one of the 15 largest retail enterprises supported by the China Ministry of Commerce including primary membership in the International Association of Department Stores (IADS), and two publicly listed companies and several holding companies. BHG Group’s business is focused on hypermarkets, supermarkets, department stores and commercial properties. BHG is established in more than 80 hypermarkets in 35 key cities and 23 provinces across China and the Pacific Rim countries. The Beijing Hualian Group values customers first and foremost. Their core business principles include integrity in all relationships — with employees, customers, suppliers and cooperating partners. “We seek to maintain and grow our company’s high recognition and reputation, and made “Beijing Hualian” a prestigious brand in the country” and now earmarked as a prestige global brand.
China is now the fastest growing global economy, ranked second only to the U.S. as the world’s largest economy. The new visa accord established between U.S and China will enhance trade, investment, and business ties by facilitating travel and ease access to both economies. Extended validity visas for students and exchange visitors will foster the bonds between U.S. and China and facilitate travel for outstanding students from around the world who attend U.S. institutions of higher education. As a result of this arrangement, the U.S. hopes to welcome a growing share of eligible Chinese travelers, inject billions in the U.S. economy and create demand to support hundreds of thousands of additional U.S. jobs. Global growth of outbound travel from China represents an unprecedented opportunity to foster job creation across the country. China is the fastest growing outbound tourism market in the world, and Chinese visitors have accounted for 20 percent of the growth in overseas travel to the U.S. As incomes in China continue to rise, the number of Chinese citizens able to afford international travel and tourism is projected to more than double over the next few years, reaching the hundreds of millions. Close to 7.3 million Chinese are projected to travel to the U.S. by 2021, contributing nearly $85 billion a year to the economy and supporting 440,000 jobs.
U.S. and China Establish Reciprocal Visa Validity Agreements to Strengthen Economic, Educational and Cultural Collaborations
U.S. President Obama traveled to China and met with China President Xi Jinping to effect a reciprocal visa validity arrangement to broaden and fortify economic and people-to-people ties. Both countries mutually agreed to increase the validity of short-term tourist and business visas issued to each other’s citizens from one to ten years – the longest validity possible under U.S. law – and increase the validity of student and exchange visas from one to five years. The U.S began issuing visas in accordance with the new reciprocal agreement on November 12, 2014. The visa accord will enhance trade, investment, and business ties by facilitating travel and ease access to both economies. Extended validity visas for students and exchange visitors will foster the bonds between U.S. and China and facilitate travel for outstanding students from around the world who attend U.S. institutions of higher education. As a result of this arrangement, the U.S. hopes to welcome a growing share of eligible Chinese travelers, inject billions in the U.S. economy and create demand to support hundreds of thousands of additional U.S. jobs.
Welcoming a Growing Share of Chinese Travelers
- China is the fastest-growing outbound tourism market in the world, and in 2013, 1.8 million Chinese travelers visited the U.S., contributing $21.1 billion to the U.S. economy and supporting more than 109,000 American jobs
- Chinese travelers consistently rank the United States as their most-desired travel destination, yet less than 2 percent of total Chinese travelers come to the U.S.
- Chinese travelers cite ease of visa policies as the second most important factor in deciding where to travel, behind only cost
- A competitive visa policy will help U.S. meet projections that suggest as many as 7.3 million Chinese travelers will come to the U.S. by 2021, contributing nearly $85 billion a year to the economy and supporting up to 440,000 U.S. jobs
Strengthening Bonds Between Chinese and American Students
- 28 percent of all foreign students and exchange visitors in the U.S. originate from China
- Chinese students in the U.S. spent $8 billion in 2013, an increase of nearly 24 percent over the previous year
- Visa accord will allow American and Chinese students to more easily travel back and forth, making foreign study a more attractive option, increasing opportunities for people-to-people ties, and boosting mutual understanding
Extending Visa Validity to Increase the Number of Chinese Travelers Coming to the U.S. and Support American Jobs. In order to support America’s most important and largest services export – tourism. Chinese travelers persistently rank the U.S. as their top desired travel destination, but only slightly more than 1.8 percent of total outbound travelers go to the U.S. Chinese travelers cite ease of visa policies as the second most important factor in deciding where to travel, behind only cost. A competitive visa policy is needed to secure the U.S. as the chosen destination for millions of Chinese travelers
Global growth of outbound travel from China represents an unprecedented opportunity to foster job creation across the country. China is the fastest growing outbound tourism market in the world, and Chinese visitors have accounted for 20 percent of the growth in overseas travel to the U.S. since 2008. In 2013, 1.8 million Chinese travelers visited the U.S., contributing $21.1 billion to the American economy and supporting more than 109,000 U.S. jobs. As incomes in China continue to rise, the number of Chinese citizens able to afford international travel and tourism is projected to more than double over the next few years, reaching the hundreds of millions. Close to 7.3 million Chinese are projected to travel to the U.S. by 2021, contributing nearly $85 billion a year to the economy and supporting 440,000 jobs.
Increasing business travel will support the U.S. President’s goal of increasing exports. Increasing visa validity for U.S. citizens traveling to China makes it easier to respond to market and commercial opportunities in China, helping to boost U.S. exports, foster increased trade ties, and improve commercial linkages between U.S. and Chinese firms. In the near term, extending visa validity for Chinese business travelers will also help meet the President’s Select USA goal of boosting inward investment into the United States as the U.S. travel and tourism industry commits to making upfront investments in new hotels and other infrastructure in anticipation of a rise in Chinese inbound travel.
NBCUniversal Chief Diversity Officer Craig Robinson Advocates AAJA Leadership for Mainstream Media Platforms
Global Icon Business Leader MacKenzie-Childs Creative Director Rebecca Proctor On Hand to Greet 2014 Barn Sale Visitors
For over two decades MacKenzie-Childs Creative Director Rebecca Proctor, leads the iconic global brand of the MacKenzie-Childs design team. They introduce upward 700 items each year, emulating the artisan-handpainted pottery creations at its production studios in bucolic Aurora, New York. “We have artists and poets and all kinds of talented people there,” Proctor said of the company, which has its headquarters on a 65 acre farm nestled in the heart of the Finger Lakes Region in Central Upstate New York.
MacKenzie-Childs Creative Director Rebecca Proctor began working with the collection in 1991 and looks back on it as the most incredible opportunity of her life. “I was hired by the founders of MacKenzie-Childs and I got a very interesting inside view of the brand traveling and working with them,” Proctor said. “They left the company in 2001 and then Pleasant Rowland, founder of American Girl, bought us. I was also excited to work with her. Then in 2008 Rowland sold MacKenzie-Childs to Lee Feldman and Howard Cohen and they are wonderful to work with as well. They’re so supportive of the design process and they’ve really taken a tabletop company to an exciting lifestyle brand.”
Working swiftly and growing every season, the collection went from launching 24 designs a season to an impressive 300 new items. This is no accident. The brand is overflowing with magical qualities just like Proctor herself. Design rules are tossed out the window, patterns are mixed with cheerful spontaneity and the passion of the MacKenzie-Childs collector is unceasing.
“The world is filled with stuff you can find anywhere,” Proctor said. “Our point of view with this brand really sets us apart. Our customers say our designs make them happy. Making people feel good is the core of our mission and it’s really important to me. They come to us for playful creations. We’re the court jester in the room.”
There’s something very regal about the line’s iconic black and white checkerboard pattern called “courtly check.”
“This pattern started as a tiny design accent painted on furniture in the ‘80s,” Proctor said. “In 1993, I started working with the founders on handmade black and white checkered enamel plates. We love handmade things at MacKenzie-Childs because no two are alike. We originally called the pattern ‘roasted marshmallow.’ Now we call it courtly check and it’s become our signature pattern. This pattern has a major place in history and it’s beautiful but at the same time, oddly a neutral.”
In addition to courtly check, MacKenzie-Childs offers a variety of enchanting patterns for enamelware and accessories such as a vibrant flower market pattern and piccadilly ceramics. The Aurora pattern is an homage to the brand’s home-base and production studio that was once a dairy barn in Aurora. “We have highland cattle grazing on our fields and extraordinary gardens. Every window is like a framed piece of art,” Proctor said. “This 65-acre farm is a tremendous source of inspiration for us. We have a fantastic design team with high energy people. Many of them have also been with the brand since 1991. Inspiration is every where. It comes from dinners and conversations with friends and travel as well.”
The latest pattern to take flight in the MacKenzie-Childs family is the butterfly garden enamelware. “This pattern was inspired by the gardens on our property filled with butterflies and we wanted to incorporate all of our other patterns into the butterflies,” Proctor said. “I love to cook and entertain and when you place food on a plate, you want the food to be the star. With the butterfly garden enamelware, the butterflies appear to be fluttering around the plate.”
In addition to charm bracelets and travel accessories, MacKenzie-Childs is now tapping into the young mother’s market. “We’ve introduced a diaper bag, nursery items and baby dishes,” Proctor said. “We also make beautiful, hand-sewn quilts for cribs. It’s a really exciting time for us. Our owners are so open minded, the sky is really the limit for MacKenzie-Childs.” http://www.mackenzie-childs.com Excerpts adapted from the SunSentinel.com article by Joanie Cox-Henry