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News Release

U.S. CORPORATE CITIZENSHIP IN THE SPOTLIGHT IN CHINA

Commerce Secretary, Business Leaders Strengthen Economic Ties

SHANGHAI, April 24, 2002 -- Good corporate citizenship being practiced by US companies doing business in China was in the spotlight today during a visit here by US Commerce Secretary Don Evans and 15 American firms participating in a US business development mission.

"American business is bringing with it to China not only expanded economic opportunity and world-class products and services, but also the true American spirit of volunteerism and giving," Evans said. He and leaders from Johnson & Johnson, Baxter Healthcare and Motorola toured Shanghai Children's Medical Center, where critically ill children receive state-of-the-art care, thanks to a joint initiative of the community of Shanghai and Project HOPE. Project HOPE's President and CEO, Dr. John Howe, joined the visiting delegation. Johnson & Johnson, Baxter Healthcare and Motorola are among dozens of US companies that provide major support to Project HOPE in China.

The US business delegation also met today with Shanghai Mayor Chen Liangyu and other top officials in China's financial and trade center. During the meeting, the US company leaders had the opportunity to outline the products and services they offer and express their interest in developing new business partnerships in Shanghai and throughout China.

The US and Shanghai leaders discussed China's reform efforts, as it moves on the path toward a market economy, and emphasized that commercial opportunities are increasing rapidly. Evans reaffirmed the US commitment to helping China with technical support as it complies with its new responsibilities in the WTO.

The US business development mission participants also attended a town hall-style meeting with students of business at Shanghai's Jiaotong University. Evans, who headed a major oil and gas company prior to joining the Bush Administration, shared with the students the key lessons he learned starting out in business 28 years ago. He then answered students' questions, which covered topics ranging from WTO implementation to the impact of energy prices on the economy.

Today was the final day of the US business development mission to China, the first such mission since China joined the WTO. Before coming to Shanghai, mission participants spent four days in Beijing, where they met with President Jiang Zemin and other top Chinese officials, Chinese and American business leaders doing business in China, and prospective new business partners.

FOR ADDITIONAL INFORMATION:

Media Contacts:
Mary Crawford, DOC
(In Shanghai: 6279-7251)

Areaka McFadden, DOC
(In US: 202-482-4883)

 


BAXTER INTERNATIONAL INC. PARTICIPATES IN HIGH-LEVEL U.S.-CHINA MEETINGS

Beijing, China, April 23, 2002 -- Deerfield-headquartered Baxter International, Inc. (NYSE:BAX),
today wrapped up two days of high-level meetings here with US and Chinese government officials and business leaders as part of a US business development mission. The mission participants then headed on to Shanghai, to continue to explore new business opportunities in China.

Harry Kraemer, Chairman and CEO, joined US Commerce Secretary Don Evans and 14 other American business leaders for the first US business development mission to China since its accession to the World Trade Organization (WTO). The American delegation met with Chinese and American business leaders and government officials in Beijing, including President Jiang Zemin and Minister of Foreign Trade and Economic Cooperation Shi Guangsheng. In Shanghai, China's financial and business center, the delegation will meet with local officials and prospective business partners.

"It is clear to me that China is on an exciting path toward a market economy. During this visit, I have felt the energy and enthusiasm of the people of China, and I share their high hopes for a bright future, and for
building even stronger ties between our two countries," Evans said.

Baxter International, Inc. was one of just 15 American companies selected for the China trip out of 85 that applied. "They represent the best American business has to offer," Evans said, "and I am pleased to have
this opportunity to accompany them as they explore new opportunities in a changing China."

FOR ADDITIONAL INFORMATION:

Media Contacts:
Mary Crawford, DOC
(In China: 6279-7251)

Areaka McFadden, DOC
(In US: 202-482-4883)

DEERFIELD, ILLINOIS COMPANY TO TRAVEL TO CHINA WITH US COMMERCE SECRETARY

April 04, 2002 -- US Commerce Secretary Don Evans today announced that Harry M. Jansen Kraemer, Jr., Chairman and Chief Executive Officer of Baxter International Inc. (NYSE:BAX) in Deerfield, Ill., will accompany him on a Business Development Mission to Beijing and Shanghai, China, April 21-25.

Baxter, a global biotechnology and medical products and services company, will seek additional export opportunities in China's medical and healthcare products sector.

"I look forward to this trip with Secretary Evans to build better U.S. and China relations, expand global access to healthcare, and increase Baxter's business opportunities in China's healthcare sector," said Kraemer.

The goal of the mission is to strengthen economic relations between China and the United States by helping U.S. businesses explore new trade and investment opportunities that have resulted from China's accession to the World Trade Organization (WTO).

"China plays a crucial role in opening new avenues of trade opportunities for U.S. businesses. Its recent accession to the WTO is a critical milestone in the development of a more robust, bilateral commercial relationship between our respective countries," said Evans.

Evans and the 15-member executive business delegation will arrive in Beijing on April 21. The Business Development Mission will include representatives from the information technology, telecommunications, clean energy and environmental technology, medical products, and construction equipment and services business sectors. Participants will develop contacts within the Chinese government, as well as meet with potential business partners.

For more information on the trade mission visit www.doc.gov.

FOR ADDITIONAL INFORMATION:

Media Contacts:
Trevor Francis, DOC
202-482-4883

George Rafeedie, Baxter International
847-948-3675

 
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