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SAN FRANCISCO-Two China-based companies, Trina Solar and China Daily newspaper, plan to open operations in San Francisco. San Francisco Mayor Gavin Newsom revealed the news during an event to kick off a new economic development initiative called ChinaSF.

ChinaSF is a public-private international business recruitment and retention initiative aimed at attracting China-based businesses to the San Francisco Bay Area. The effort got a boost over the weekend when China revealed a $586 billion economic bailout that includes more money for export growth and green tech.

Details of the first two companies’ plans were not released by the parties involved and not otherwise immediately available. Trina Solar, a leading Chinese manufacturer of solar photovoltaic products, says it will be locating their North American headquarters in San Francisco in 2009. China Daily, the national English-language newspaper of China, says it has selected San Francisco as the location for its West Coast office.

“This is an important step in our continuing commitment to deliver high quality Trina Solar PV modules to customers in the North American markets,” said Jifan Gao, chairman and CEO of Trina Solar, in a separate announcement, in which he mentioned to the region’s “tremendous talent.”

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