Ronnie Chan Speaks at U.S. China Manufacturing Symposium on Potential of U.S. as a Manufacturing Hub

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Getting things done requires being in the right place and the right time with the right people.

Ronnie Chan is the Co-Chair of the Asia Society.

He believes the U.S. has what it takes to be a manufacturing hub.

Chan says it takes technology, capital, natural resources, energy and labor.

He says the U.S.'s energy rates are some of the least expensive in the world.

As for labor, Chan says if manufacturing flourishes there will be many high-paying jobs.

"The legal, professional, accounting, human resource, many, many higher paying jobs relating to manufacturing concern cannot be replaced by machines so you still need to have people doing those jobs and those are high paying jobs," Chan said.

Chan is receiving an award tonight, for International Public Service and Philanthropy at the U.S. Asia Institutes Gala in New York.