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Tom Smart, Deseret News
China's Qinghai Governor Luo Huining, left, and Utah Governor Gary Herbert meet before signing the Memorandum of Understanding (MOU) signing ceremony in the Gold Room at the Utah State Capitol Wednesday, July 13, 2011, in Salt Lake City, Utah.

Competition for Chinese money is getting tighter as the nation grows economically, and Utah is pushing for a closer relationship with the burgeoning power.

"We've been very aggressive in our outreach with China to let them know that Utah has something to offer and that we're a great place to do business," Salt Lake Chamber spokesman Marty Carpenter said. "We have some advantages, like the fact that so many people here in Utah speak a foreign language and we have a high number of Mandarin speakers."

Carpenter also mentioned a few business connections which Utah can expoloit, such as former Utah Gov. Jon Huntsman's position as ambassador to China and the Salt Lake-Beijing Olympic connection.

Read more at KSL.com