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Classified in: Business
Subjects: ECO, FOR, TRD, CFG

Minister Ng concludes productive visit to China


Four-city tour included participating in the World Economic Forum's Annual Meeting of the New Champions and developing trade and export opportunities for Canadian businesses

HONG KONG, Sept. 21, 2018 /CNW/ - The Honourable Mary Ng, Minister of Small Business and Export Promotion, wrapped up a successful visit to China, including the Hong Kong Special Administrative Region (SAR), where she represented Canada at the World Economic Forum's Annual Meeting of the New Champions and focused on developing export opportunities between China and Canada.

The Minister began her trip in Beijing, where she participated in a roundtable with the Canada China Business Council and the Mulan Club to discuss women entrepreneurship.

The Minister then travelled to Tianjin, where she toured the Sino-Canadian Eco-District, a $2.5-billion urban development project showcasing Canadian wood construction and energy-efficient building technologies. The following day, Minister Ng attended the World Economic Forum's Annual Meeting of the New Champions, where she participated in sessions on gender inclusivity in the workplace and supporting female entrepreneurship.

Minister Ng then travelled to Shenzhen, where she toured the HAX Accelerator, one of the world's largest hardware accelerators and host to a number of Canadian start-ups?about 12 percent of its total. The Minister also held productive discussions with Chinese shipping firms on logistics and shipping goods between Canada and China, and she met with representatives from the CanCham PRD, a group of Canadian business people working in the Pearl River Delta region of China.

The Minister concluded her visit in the Hong Kong SAR, where she met with Nicholas Yang, Secretary for Innovation and Technology of the Hong Kong SAR, to discuss further collaboration on and support for innovation and technology. The Minister also participated in a roundtable with Hong Kong investors, hosted by the Business Development Bank of Canada, on the many investment opportunities Canada offers.

Throughout her tour, Minister Ng held a series of meetings with Canadian start-ups, business owners and investors operating in China and the Hong Kong SAR, including Shenzhen Bay Technology Company, SF Express, Tencent and Horizons Ventures. By strengthening Canada-China business-to-business connections, the Government of Canada is helping Canadian businesses make inroads into an important global market.

Quotes

"The relationship between Canada and China, including Hong Kong, continues to strengthen and grow through mutual understanding and shared priorities. Our two countries are committed to supporting women entrepreneurs, creating well-paying jobs for the middle class and fostering opportunities for our small businesses to start up, scale up and reach new markets."
? The Honourable Mary Ng, Minister of Small Business and Export Promotion

"Expanding trade opportunities in thriving markets such as China are integral to the Government of Canada's trade diversification strategy. China is rapidly becoming the world's largest economy, and its market size and growth offers significant opportunities for Canadian businesses of all sizes. There has never been a better time for Canadian businesses to excel in the global marketplace."
? The Honourable Jim Carr, Minister of International Trade Diversification

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SOURCE Innovation, Science and Economic Development Canada


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