On November 22, Ontario Premier Wynne led a business delegation together with Michael (Guozhi) Chan, Ministry of International Trade, for the Ontario Premier’s trip to China. This time there will be a total of 100 members of the business delegation traveling to China. Mr. Chan said that in the past two trips, each time they brought back about $ 1 billion of business to Canada. It is expected that more than $ 1 billion of commercial agreements could be signed this time.
Chan (Guozhi) pointed out that this visit will show the Chinese customers the competitive advantages of the strengths of Ontario, including financial products, agricultural products, medical technology and high-end technology. He said Ontario has a diversified economic strength and population. Other industries also have huge potential business opportunities in China. Most importantly, Canadian enterprises are willing to take the initiative to explore opportunities.
China is Ontario’s second largest trading partner in the world. Bilateral trade has increased by nearly 40% over the past five years, reaching a total of 42 billion Yuan in 2016.
Dr. Tang Bin, President of Noah Digital Inc., accompanying the delegation. In the interview with Ming Pao, he said that they are the only company engaged in digital marketing in the regiment. He is optimistic about this business trip and is expected to have six-figure contracts.
Mr. Chan does not deny that, in the past, Canadian enterprises were hesitant to expand the Chinese market, but their attitudes have changed in recent years.
Mr. Chan continued: North America’s free trade agreement reiterated that it will be quite difficult for Canada to increase its trade. Regardless of the outcome of the final negotiations, he believes that if there is no change at all, all these will alarm the Canadian companies and remind them not to over-rely on the U.S. market. They must diversify their investment and markets to open up more business opportunities in overseas markets.
Premier Wynne said: “The establishment of a partnership with China is crucial to the economic development of Ontario. The previous trips led by my delegation to China have gained billions of dollars of investment. I am very happy to go for the third time and continue to strengthen our partnership. The Anglican economy is diverse and innovative and has become the best and most competitive investment hot spot in the world. First, I sincerely hope that Chinese enterprises can make use of what Ontario has to offer. ”
Chan pointed out that the economic and trade cooperation between countries is based on the mutual trust and friendly relations between the two parties at the individual, enterprise and national levels of the business.
Dr. Bin Tang acknowledged that with the Ontario government visit to China for business talks, it is easier for the entrepreneurs to network with Chinese enterprises since the government of Ontario has a very good relationship with the Chinese government.
Dr Tang and his team of multicultural individuals can win Canadian and Chinese SME business opportunities in both digital marketing and e-commerce. The team is both experienced in the Chinese and Canadian culture and market and is able to fully understand what both sides of their clientele need for success.
He pointed out that Noah Digital’s main business is providing digital marketing services, and a platform to enable businesses to reach their target audience effectively. Dr. Bin Tang’s education and experience are from China, the United States and Canada giving him the experience and the knowledge necessary to understand the three markets.
(Ming Pao original link http://www.mingshengbao.com/tor/article.php?aid=530867）
