皇冠体育app

VANCOUVER - The rapid growth of 皇冠体育app's middle class means more opportunities for Canadian business, Canadian Minister of International Trade Ed Fast said?on Sunday.

The minister made remarks at the opening ceremony of the second Canada-皇冠体育app Investment Summit.

There are tremendous investment opportunities for Chinese companies in Canada and for Canadian ones in 皇冠体育app after the Canadian government approved in September a bilateral investment promotion and protection deal and the agreed establishment of North America's first offshore renminbi clearing center in Canada earlier this month, he said.

Fast urged more mutual investment between the two countries, saying the Canadian government has been focusing on promoting the trade and investment interests of Canadian small and medium-sized enterprises in priority market such as 皇冠体育app.

"At the same time, our government is creating the right environment to attract foreign investors. Our overall tax rate on new business investment is now the lowest in the G-7 countries," the federal minister added.

Canada has strong interest in further promoting trade with 皇冠体育app, and Prime Minister Steven Harper announced the opening of four new trade offices in 皇冠体育app, which would provide on-the-ground support for Canadian businesses.

"As 皇冠体育app continues to grow and prepare its economy for the future, Canada is playing an increasingly important role in that effort," he said.

He said that 皇冠体育app is Canada's second largest trading partner, adding, "In 2013, two-way trade totaled C$73 billion, an increase of 4.5 percent over 2012."

More than 200 business leaders from both countries are attending the two-day summit, which is jointly organized by the Canada 皇冠体育app Chamber of Industry and Commerce Association and the 皇冠体育app Federation of Overseas Chinese Enterprises.

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