On­tario VIPs have busy week in China

China Daily (Canada) - - FRONT PAGE - By NA LI in Toronto re­nali@chi­nadai­lyusa.com

Se­cur­ing in­vest­ment for green en­ergy in­no­va­tion, re­new­ing the longterm friend­ship between On­tario and He­nan prov­inces and hold­ing a suc­cess­ful in­vest­ment round­table isn’t bad for a week’s work.

“China is an im­por­tant and longterm part­ner for On­tario in trade de­vel­op­ment and in­vest­ment,” said Michael Chan, min­is­ter of cit­i­zen­ship, im­mi­gra­tion and in­ter­na­tional trade, who was just back from the trip. “We reached a new mile­stone with our long-time friend, He­nan prov­ince, and we have made a tremen­dous in­vest­ment in our econ­omy, our labour mar­ket and our en­vi­ron­ment.”

In Zhengzhou, the pro­vin­cial cap­i­tal of He­nan, Chan and Cana­dian Deputy Pre­mier Deb Matthews held an in­vest­ment round­table de­liv­er­ing a com­pelling case for On­tario as the choice des­ti­na­tion for 25 Chi­nese in­vestors look­ing for growth op­por­tu­ni­ties in North Amer­ica.

Fol­low­ing the round­table, ex­ec­u­tives from HauHauNiu Milk In­dus­try Inc and the He­nan Med­i­cal De­vices As­so­ci­a­tion ex­pressed in­ter­est in vis­it­ing On­tario to learn more about its rel­e­vant business sec­tors.

Also while in Zhengzhou, Matthews re­newed a friend­ship agree­ment with He­nan prov­ince that was first signed in 2007. The agree­ment will en­cour­age eco­nomic co­op­er­a­tion and trade between the two prov­inces, as well as ad­vance ex­changes in the fields of ed­u­ca­tion, tourism and cul­ture.

In Shang­hai, the of­fi­cials wit­nessed the sign­ing of a green en­ergy agree­ment that will have Men­ergy Cor­po­ra­tion of On­tario col­lab­o­rate with four Chi­nese part­ners to es­tab­lish a Green En­ergy In­no­va­tion Cen­tre in Toronto.

China is an im­por­tant and long-term part­ner for On­tario in trade de­vel­op­ment and in­vest­ment.”

The cen­tre will show­case green en­ergy so­lu­tions, act as an in­cu­ba­tor for green en­ergy com­pa­nies and cre­ate mar­ket ac­cess for Cana­dian prod­ucts in China. The project is ex­pected to cre­ate 125 new jobs by 2021.

Fi­nally in Shaox­ing, East China’s Zhe­jiang prov­ince, the of­fi­cials toured the head­quar­ters of Wan­feng, the par­ent com­pany of Merid­ian, to learn about their in­vest­ments in On­tario and po­ten­tial plans for ex­pan­sion. Merid­ian op­er­ates a fa­cil­ity in the Lon­don, On­tario, area that pro­duces mag­ne­sium and alu­minum cast prod­ucts for the global trans­porta­tion in­dus­try, and a flight school in south­west­ern On­tario.

“This past week was a great suc­cess for On­tario. The agree­ments signed between Men­ergy Cor­po­ra­tion and their Chi­nese part­ners will help to bol­ster On­tario’s grow­ing green-en­ergy sec­tor,” said Matthews.

China is a pri­or­ity mar­ket for On­tario and one of the prov­ince’s key Asian mar­kets. Ac­cord­ing to the Con­fer­ence Board of Canada, ev­ery $100 mil­lion in­crease in ex­ports cre­ates ap­prox­i­mately 1,000 new jobs.

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