Cana­dian PM talks business

Stephen Harper, Li Ke­qiang agree on se­ries of eco­nomic, fi­nan­cial goals

China Daily (Canada) - - FRONT PAGE - By LI NA in Toronto re­nali@chi­nadai­

Cana­dian Prime Min­is­ter Stephen Harper at­tended to business in his third of­fi­cial visit to China.

“I was pleased to meet with Chi­nese lead­ers and strengthen the foun­da­tion for fu­ture com­mer­cial col­lab­o­ra­tion,” Harper said. “That will help Cana­dian com­pa­nies ac­cess the in­cred­i­ble op­por­tu­ni­ties this cru­cial mar­ket has to of­fer. This will in turn gen­er­ate jobs and eco­nomic growth in Canada.”

Harper and China Premier Li Ke­qiang agreed to a se­ries of ini­tia­tives un­der the CanadaChina Joint List of Out­comes 2014, in­clud­ing the es­tab­lish­ment of an eco­nomic and fi­nan­cial strate­gic di­a­logue to en­hance Canada-China com­mer­cial ties and the ex­pan­sion of a Mem­o­ran­dum of Un­der­stand­ing on nu­clear co­op­er­a­tion to in­crease ex­ports to China.

The lead­ers also agreed to a set of mea­sures to support the in­creased use of ren­minbi in trade, and com­merce and in­vest­ment be­tween the two coun­tries.

On Nov 9, the two na­tions is­sued a state­ment that Canada will es­tab­lish North Amer­ica’s first off­shore RMB trad­ing cen­ter in Toronto. They also signed a 200-bil­lion yuan bi­lat­eral cur­rency swap agree­ment.

“The es­tab­lish­ment of Canada as a RMB cen­tre will con­tinue

wa‘ I s pleased to meet with Chi­nese lead­ers and strengthen the foun­da­tion for fu­ture com­mer­cial col­lab­o­ra­tion.” STEPHEN HARPER CANA­DIAN PRIME MIN­IS­TER

to raise our stature as a global fi­nan­cial cen­tre and will fa­cil­i­tate in­creased trade and in­vest­ment with China, thus ben­e­fit­ting the en­tire Cana­dian econ­omy,” said Per­rin Beatty, pres­i­dent and CEO of the Cana­dian Cham­ber of Com­merce.

Harper also met with Chi­nese Pres­i­dent Xi Jin­ping and dis­cussed the bi­lat­eral re­la­tion­ship and in­ter­na­tional is­sues of mu­tual in­ter­est.

As part of pro­mot­ing bi­lat­eral trade, Harper met with a Cana­dian business del­e­ga­tion from a wide range of sec­tors to dis­cuss in­vest­ment op­por­tu­ni­ties for Cana­dian com­pa­nies in China.

He also wit­nessed a se­ries of com­mer­cial sign­ings be­tween Cana­dian and Chi­nese firms that are ex­pected to cre­ate more than 2,000 jobs in Canada. Harper also par­tic­i­pated in the Canada-China Business Fo­rum in Beijing, where he met with business lead­ers from both coun­tries and high­lighted the im­por­tance of the Canada-China com­mer­cial re­la­tion­ship.

While in Hangzhou, Zhe­jiang prov­ince, Harper an­nounced that Canada will open new trade of­fices in the Chi­nese ci­ties of Hangzhou, Xi’an, Xi­a­men and Tian­jin. Canada’s trade net­work will now have 15 lo­ca­tions in China.

On the first day of the Asi­aPa­cific Eco­nomic Co­op­er­a­tion (APEC) Lead­ers’ Meet­ing, Harper en­cour­aged mem­bers to ac­cel­er­ate trade and in­vest­ment lib­er­al­iza­tion, high­light­ing sig­nif­i­cant mea­sures that Canada has taken to help fa­cil­i­tate in­ter­na­tional com­mer­cial flows.

“I was pleased to have the op­por­tu­nity to meet with APEC lead­ers at the sum­mit in Beijing and share with them the many mea­sures that Canada is tak­ing to stim­u­late in­ter­na­tional trade and in­vest­ment in the Asia-Pa­cific re­gion and beyond,” Harper said.

Harper was ac­com­pa­nied by John Baird, Cana­dian min­is­ter of for­eign af­fairs; Ed Fast, min­is­ter of in­ter­na­tional trade; James Moore, min­is­ter of in­dus­try; Gerry Ritz, min­is­ter of agri­cul­ture and agri­food; and Alice Wong, min­is­ter of state for se­niors.


Cana­dian Prime Min­is­ter Stephen Harper is greeted by Chi­nese Pres­i­dent Xi Jin­ping upon Harper’s ar­rival at the Great Hall of the Peo­ple in Beijing dur­ing his of­fi­cial visit to China on Nov 9.

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