Governor Arnold Schwarzenegger, in China on a weeklong trade mission through Asia, announced California is preparing to bid to host the 2020 World Expo.

The plan, which is not due until late 2011, would propose using Moffett Field, a decommissioned (1994) air field on San Francisco Bay and is adjacent to Silicon Valley.

“Shanghai has demonstrated that when you host the World Expo, the world comes to you, and I want the world to come to California. Our state is a leader in entertainment, agriculture, the environment, high-tech, green-tech and bio-tech, and we are ready to showcase our innovation to the world,” said Governor Schwarzenegger. “As the hub of innovation, Silicon Valley is the most natural place to hold the Expo, which will promote the international exchange of ideas, create jobs and increase revenues in our state.”

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