Cana­dian of­fi­cials headed to Bei­jing on busi­ness mis­sion

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

Two top eco­nomic of­fi­cials from Canada will travel to China next month to co-chair a meet­ing with key Chi­nese coun­ter­parts.

Canada Min­is­ter of Fi­nance Bill Morneau, and Min­is­ter of In­ter­na­tional Trade Diver­si­fi­ca­tion Jim Carr will visit Bei­jing from Nov 10-13 to co-chair the Eco­nomic and Fi­nan­cial Strate­gic Di­a­logue (EFSD) with China.

The meet­ing to strengthen the eco­nomic and fi­nan­cial re­la­tion­ship be­tween the two na­tions will be hosted by State Coun­cilor Wang Yong and China’s min­is­ters of Fi­nance and Com­merce.

Lawrence MacAulay, min­is­ter of agri­cul­ture and agri­food, will also par­tic­i­pate in the di­a­logue.

Canada and China share a long his­tory of strong peo­ple-to-peo­ple ties and grow­ing com­mer­cial re­la­tions, said a state­ment by the De­part­ment of Fi­nance Canada on Mon­day.

“Ex­pand­ing op­por­tu­ni­ties for Cana­dian busi­nesses of all sizes, es­pe­cially in such a fast-grow­ing mar­ket, is a pri­or­ity for the gov­ern­ment of Canada and an im­por­tant part of cre­at­ing the new jobs and eco­nomic growth that will fur­ther strengthen and grow the mid­dle class,” the state­ment said.

“Ex­pand­ing and di­ver­si­fy­ing our re­la­tion­ships, par­tic­u­larly with fast-grow­ing economies such as China, helps cre­ate stronger eco­nomic growth and more good, well-pay­ing jobs for mid­dle- class Cana­di­ans,” said Morneau. “I am look­ing for­ward to build­ing a stronger plat­form for more Cana­di­ans to com­pete and suc­ceed in China.”

“China pre­sents enor­mous op­por­tu­ni­ties for Cana­dian busi­nesses look­ing to di­ver­sify into new mar­kets,” said Carr. “Through the di­a­logue, we will dis­cuss ways to col­lab­o­rate with this im­por­tant part­ner and ad­vance the di­a­logue to grow our trade re­la­tion­ship.”

The min­is­ters also will pro­mote Cana­dian in­vest­ment op­por­tu­ni­ties and ad­dress the Canada China Busi­ness Coun­cil in Bei­jing on Nov 12.

China is Canada’s sec­ond­largest sin­gle-coun­try merchandise trad­ing part­ner. In 2017, two-way merchandise trade be­tween the coun­tries reached nearly $94.5 bil­lion, ac­count­ing for 8.4 per­cent of Canada’s merchandise trade. Trade in ser­vices be­tween Canada and China reached $6.2 bil­lion.

China pre­sents enor­mous op­por­tu­ni­ties for Cana­dian busi­nesses look­ing to di­ver­sify into new mar­kets.”

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