Beijing, China ‑ 8 November 2014
Prime Minister Stephen Harper today witnessed the signing of more than 20 commercial agreements between Canadian and Chinese companies and organizations, which are a testament to the significant growth taking place in the bilateral commercial relationship. Several sectors stand to benefit from these agreements, including sustainable technologies, aerospace, transportation, construction, mining, energy, infrastructure, agri-food, and information and communications technologies sectors.
The signings, which took place in Beijing during the Prime Minister's third official visit to China, are valued at more than $2.5 billion and are expected to create more than 2,000 new jobs in the Canadian market. Some of the notable agreements signed today include:
- An investment agreement in the sustainable technologies sector between Canadian-owned Airborne China Ltd. and Heilongjiang InterChina Water ltd. to cooperate on air pollution reduction projects in China;
- An agreement between Canadian-owned Plasco China and Shougang Group to bring Plasco's waste-to-energy technology to China; and,
- An agreement between Canadian-owned Kryton International Inc. and Beijing Maple Real Estate Company, Ltd. Group to use Kryton International Inc.'s environmentally-friendly waterproof concrete technology and products in the Chinese company's development projects.
The bilateral commercial signings witnessed today by Prime Minister Harper clearly demonstrate Canada's aim to further deepen trade and investment ties with China, which is a priority under the Global Markets Action Plan.
