Kweichow Maotai signed a Memorandum of Understanding (MoU) with a visiting San Francisco government delegation in a bid to promote bilateral cooperation in trade, investment, culture and tourism.
Under the MoU, Moutai will open an office in San Francisco to increase its sales in the city and further expand its market share in the United States, said Yuan Renguo, chairman of Kweichow Maotai Group.
Edwin M. Lee, mayor of San Francisco, said the MoU will further promote bilateral cultural exchange between future generations of China and the United States.