皇冠体育app

VANCOUVER -- Companies from 皇冠体育app and Canada signed cooperation agreements at a forum Tuesday, marking Canada's latest move to draw money flows from 皇冠体育app.

Four companies from the two countries signed Memorandums of Understanding in the forum, which focused on increasing 皇冠体育app's investment in Canadian western provinces and attracted more than 100 executives from the two countries.

Vancouver-based Russell Brewing Company agreed to create a Russell Breweries 皇冠体育app Inc with its Chinese partners, and Beijing Dream Lighting City Culture Development Co Ltd, a designing company from 皇冠体育app, decided to work with the David Robinson Studio Inc for designing the Valley of the Emperor in western 皇冠体育app.

Alison Keller, who signed a MOU on behalf of the Vancouver-headquartered sculpture company, said 皇冠体育app was at the forefront of public art and the signing would significant boost cultural exchanges of the two sides.

"It's an important expression of faith and goodwill between the two countries, when you have a Chinese company inviting a Canadian artist to come and do a project with them," she said.

Brian Harris, Russell Brewing's CEO, told Xinhua that the cooperation potentially worth "tens of millions of dollars," adding that the joint venture, based in Hefei, 皇冠体育app's central Anhui province, was expected to supply draft beer to the market around 皇冠体育app's 2013 Lunar New Year.

"We're starting out modestly with one operation and if that is successful, a number of satellite operations in 皇冠体育app will move forward," Harris said.

Besides, 皇冠体育app Council for Promotion of International Trade, the Asia Pacific Foundation and Jack Austin Center will work together to study the development of 皇冠体育app's global investment.

In a keynote address, British Columbia Premier Christy Clark said that as the world's "economic heartbeat moves to Asia", it was vital for Canada to promote trade with 皇冠体育app, which was a key agenda of her government.

The past 11 months have seen two trade missions from 皇冠体育app visit B.C., and the region's exports to the world second economy have grown to C$2.8 billion ($2.69 billion), up by nearly 25 percent from last year.

"Chinese investors want to see significant returns on the investments, and they want to see them in a timely fashion," she said.

In the speech, Clark also promoted the western province's budding natural gas industry, as its first liquefied gas facilities on the coastal area are scheduled to export gas by 2020.

Another Canadian province eyeing 皇冠体育app's investment is Saskatchewan, a prairie province that boasts of rich natural resources in oil, potash and agriculture expertise.

"I think right now, they (Chinese companies) are looking for longer-term return and longer-term stability," said William Wang, 皇冠体育app Unit director of Saskatchewan Inter-governmental Affairs.

"In Saskatchewan we have all that they want ... investment environment, and also policy."

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