Wednesday, December 14, 2016

Premier's China Trade Mission Helps Ontario Businesses Grow...Ha Ha Ha


News Release


Premier's China Trade Mission 

Helps Ontario Businesses Grow


Ontario Secures Almost $1 Billion in New Investments to Create More Than 1,800 Jobs






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Ontario attracted $966 million in new investment by Chinese companies during Premier Kathleen Wynne's mission to China. These projects will create 1,800 jobs in communities across the province.
This includes a new deal announced today, the final day of the mission, at the Beijing research and development centre of Huawei. One of the world's leading telecommunications technology companies, Huawei's Canadian headquarters is in Markham. The company is planning a major expansion in Ontario valued at up to $210 million over the next five years. The investment will create up to 325 new jobs in Ontario, including approximately 250 positions for engineers and researchers and at least 75 new marketing, sales and support positions.
Throughout the trade mission, Premier Wynne led representatives from about 60 Ontario companies and organizations specializing in clean tech and science and technology. Together with Brad Duguid, Minister of Economic Development, Employment and Infrastructure, and Michael Chan, Minister of Citizenship, Immigration and International Trade, the Premier promoted opportunities for more partnerships between Ontario and China.
During stops in Nanjing and Shanghai, the Premier met with political and business leaders -- the Party Secretary of Jiangsu, Luo Zhijun, the Vice Governor of Jiangsu, Xu Ming, and the Vice Mayor of Shanghai, Ai Baojun -- to discuss opportunities for Ontario and China to collaborate further in the business and academic worlds. She also met with the Minister of Science and Technology, Wan Gang, Assistant Minister of Commerce, Wang Bingnan, and Vice Chairman of the State Assets Supervision and Administration Commission, Huang Shuhe.                                                                                                                                                      
She also joined PEI Premier Robert Ghiz and Québec Premier Philippe Couillard for the Council of the Federation mission in Beijing. The Premiers met with key decision-makers to strengthen Canada's ties with China.
Attracting new investments and helping the province's businesses compete globally is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives, and building a secure savings plan so everyone can afford to retire.

Quick Facts

  • Ontario delegates signed 26 agreements during the week-long mission.
  • During the mission, Premier Wynne visited renowned landmarks in China, including The Great Wall and The Forbidden City.
  • This mission builds on Minister of Research and Innovation Reza Moridi’s science and technology mission to China in March 2014, which resulted in 12 new collaboration projects between Ontario and Chinese research institutions and industry partners.
  • The 2014 China mission is part of Ontario’s Going Global Trade Strategy to increase the province’s international profile in support of the government’s economic plan.

Additional Resources

Quotes

Kathleen Wynne
“This mission has been a great success. We have attracted new investments that will create good jobs across the province and strengthened our relationship with China. I look forward to future trade missions that will continue to help Ontario businesses grow and compete globally.”
Premier of Ontario
Michael Chan
“This successful mission reinforced the strength of Ontario's companies and the Ontario brand globally. These investments confirmed that China values the skills of our people and our made-in-Ontario innovations.”
Minister of Citizenship, Immigration and International Trade
Brad Duguid
“The close to $1 billion in investment and the 1,800 jobs generated from this successful mission to China will build on our efforts to create jobs and build a strong economy by going global. Ontario is competing and winning in the global economy.”
Minister of Economic Development, Employment and Infrastructure