Pennsylvania Department of Community and Economic Development
The Department of Community and Economic Development’s mission is to encourage the shared prosperity of all Pennsylvanians by supporting good stewardship and sustainable development initiatives across our commonwealth. The Department of Community & Economic Development (DCED) supports technology-driven development across all industry sectors in Pennsylvania. With a keen eye toward diversity and inclusiveness, we act as advisors and advocates, providing strategic technical assistance, training, and financial resources to help our communities and industries flourish. It is committed to connecting companies with the right resources to ensure continued growth, stability, and sustainability of the State of Pennsylvania.
CHINA AND PA CONNECTIONS
INVESTMENT IN PENNSYLVANIA-Chinese companies have 100 locations in Pennsylvania providing 3,134 jobs. China ranks 15th for the total number of firms and 21nd for the total number of jobs in Pennsylvania.
IMPORT AND EXPORT-PA Imports from China Annually values $17.37 billion ranging from industrial components to home accessories.
Pennsylvania is a diverse economy. With the largest unconventional and second largest overall natural gas field in the world, Pennsylvania has an abundance of natural gas and are the second largest natural gas producer in the U.S. In addition to Pennsylvania’s growing energy downstream sector and abundant natural gas resources, Pennsylvania’s plastics industry is rich in resource, know-how, and opportunity. Among other strengths PA is also a leader in the life sciences sector supported by world-class R&D institutions, top-notch universities and incubators, and strategic investments in venture capital, technology, and infrastructure; a robust agribusiness sector best known for dairy products, but equally strong in hardwoods.
DCED will contribute to the growth and strength of the Commonwealth’s economy through both trade promotion and attraction of foreign direct investment from the target region to Pennsylvania in order to create quality jobs, thus increase the opportunities for economic prosperity for all Pennsylvanians.