The mission of the Los Angeles Chinatown Business Council is to creatively plan, manage and facilitate the rebirth of historic Chinatown as a multinational culturally defined, economically vibrant and socially engaging community.
The Business District of Chinatown is 24 blocks bordered by Cesar Chavez and Bernard, Alameda and Yale. The overall population including the residential area of Chinatown is 15,000 based on the latest census figure.
The Los Angeles Chinatown Business Council (LACBC) was incorporated in September 1999 as a non-profit 501(c)(6). It was formed to explore the formation of a property based Business Improvement District (BID) in order to revitalize Los Angeles Chinatown. The LACBC is the managing entity of the Los Angeles Chinatown BID (CBID), which was approved by the Los Angeles City Council in August 2000. There are 18 board members on the LACBC, consisting of local businesses, property owners and other community based organizations that have the goal of revitalizing Chinatown. Additionally, the LACBC has working committees in the areas of organization, economic restructuring, marketing and promotions, and design, all with the goal of revitalizing and promoting Chinatown as a shopping, dining and visitor destination.