The ChinaCanada bilateral relationship is playing a vital role in Canada’s economy.”
operating in each other’s markets. More than 13,000 Canadian companies have a presence in China and about 230 Chinese companies have offices set up in BC.
The China-Canada Foreign Investment Promotion and Protection Agreement (FIPA) was ratified in 2014 to better facilitate bilateral investments. Liu emphasized the importance of getting a China-Canada bilateral free-trade agreement in addition to FIPA.
“With such a huge amount of trade flow and so many Canadian enterprises doing business in China, a free trade agreement will be beneficial for both. We are willing to work with the Canada towards signing an agreement.”