The Premiers of Alberta, British Columbia and Saskatchewan opened a new Shanghai-based trade and investment office, which will serve to promote the West and bolster economic ties with one of the strongest and most dynamic economic regions in Greater China.
The Western Canada Trade and Investment Office will promote Western Canada’s advanced industries including green technology, natural resources, agri-food and agriculture. It will also represent the three provinces in a number of other priority sectors, including education, tourism and investment attraction. Shanghai was selected as it is China’s trade and financial hub, is the world’s second busiest port, and has a population of more than 20-million people.
“Alberta and the West have been at the forefront of Canada-China relations and we continue to seek new alliances in the region,” said Alberta Premier Ed Stelmach. “The Shanghai office gives us an expanded presence as well as an ability to better serve our network of business partners and investors in this crucial market.”
The joint office is part of the New West Partnership’s commitment to collaborate on cost-effective international initiatives, including sharing resources in international markets. The co-operative marketing model of the Shanghai office will allow the three western provinces to better position the West as the hub of economic activity on this side of the Pacific. Working together, the provinces will be more effective in advancing joint business interests, exchanging market intelligence and increasing business competitiveness.
“Saskatchewan and the West have what the world wants and needs,” said Saskatchewan Premier Brad Wall. “The economies of the New West Partnership are among the most robust and diversified you will find anywhere. We are making it as easy as possible for investors to do business in the West, and to pursue opportunities which only exist here.”
“British Columbia is pleased to partner with Saskatchewan and Alberta in promoting Western Canada’s advantages to Chinese investors and partners,” said British Columbia Premier Gordon Campbell. “British Columbia already operates three of its own trade and investments offices in China and the new Shanghai office will help build on our position as Canada’s Pacific Gateway.”
The Premiers are on a joint mission to China and Japan, where they are highlighting Western Canada’s many geographic and infrastructure advantages, including the region’s multi-modal Pacific Gateway and Corridor transportation system, and their support for open skies and open trade with the Asia Pacific region.
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