The 2nd Canada China Investment Summit Successfully Concluded

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The 2nd Canada China Investment Summit 2014(CCIS for short) concluded with continued success, yielding abundant fruits with 5 significant agreements of collaboration signed among 10 companies from both sides during this two-day event. The total value for these agreements amounted to $300 millions.

2014 CCIS was held on November 23-24, 2014 in Vancouver by Canada China Chamber of Industry & Commerce(CCCICA) and China Federation of Overseas Chinese Entrepreneurs(CFOCE) .A delegation of about 150 entrepreneurs from China led by Guo Taicheng , Deputy Executive President of China Federation of Overseas Chinese Entrepreneurs and another 100 local enterprises and guests were attracted to this two-day summit.

Having made another leap forward compared to the 1st one which resulted in 4 agreements , 2014 CCIS was more focused on exploring pragmatic ways to cooperate in various sectors including natural resources, clean energy, bio medical science ,telecommunications, education,tourism and other sectors in a timely manner right after Prime Minister’s third China and APEC trip in early November turned out to be fruitful and the FIPA came into force on October 1, 2014.

Inspired by opportunities presented through CCIS platform, all the entrepreneurs and participants expressed their willingness to take Canada as an ideal destination for investment as Canada boasts world class infrastructure , highly educated workforce, rich natural resources , and on top of it, the most favorable business climate in the G-7.

Agreements signing ceremony came to be the centre of the spotlight. Response BioMedical Corp(listed company in Canada) found its right partner to expand business in China, Hanzhou Joinstar Bio Technology Ltd, to support China human health and patient care. Others included collaborations between Shingkee Godown Group and China Yanjiao Logistics Group,Vancouver Int’l Logistics Centre and Pollyco Group, Hua MuLAN Group and Guohong Legal Consultations Services Ltd, BLue Gold Int’l Investment Group and BC 5188 Digital Services Ltd.

Senator of Canada Victor Oh, Minister of Seniors(State) Alice Wong also delivered keynote speech during the summit on the prospects of Canada’s bilateral trade and investment ties with China as well as about gains for Prime Minister Harper’s 3rd trade mission, the future establishment of North America first offshore RMB clearing centre in Canada which will boost exports dramatically.

On China side, Anchen, Director of Economic Scientific Technology Department of All China Federation of Returned Overseas Chinese and Yu Shanjun, Consul of Commerce of China Consulate General in Vancouver highlighted their confidence in future Canada-China trade and economic relations by elaborating “seizing overseas opportunities” policy implemented for SMEs in private sector.

Also, all the greeting message received from at all levels of Canada’s governments as well as those from China side were presented and reviewed at the opening ceremony.