New actions needed to promote China-Canada ties (2)

13:11, May 26, 2010      

Email | Print | Subscribe | Comments | Forum 

He added this growth target is obtainable because Canada is a major developed country and China has a competitive labor force, huge market potentials and improving infrastructure.

Given the size of our economies and levels of development, bilateral trade and investment is still very low, said Mei. "There is huge room for further expansion."

He stressed that China's development offers rare opportunities. "In 2009, China's contribution to world economic development stood at 50 percent. China has become the world's No.2 importer and largest new emerging market. The ever-increasing economic scale, market potential and consumption demand are putting new impetus to the economic and trade cooperation between our two countries," said Mei.

Canada's trade diversification strategy opens new prospects for our economic cooperation. "Traditionally, Canada relied heavily on the United States in its foreign trade, with more than 70 percent of its total volume. Since the financial crisis, Canada's export to the U.S. declined dramatically and the Canadian government earmarked 500 billion Canadian dollars (467 billion U.S. dollars) to implement its global strategy and opened six new trade offices in China in a hope to promote and facilitate bilateral trade."

He also noted that the green economy has a big role to play in enlarging our economic cooperation. The Chinese government has vowed to develop new industries, which are closely related to a green economy, energy conservation, environmental protection, communication and high-end manufacturing sectors.

"In all of these, Canada has a cutting edge with advanced technologies and concepts, from which China has a lot to learn and benefit," said the former Chinese ambassador to Canada.
【1】 【2】 【3】

(Editor:梁军)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
  • An Indian artist colours clay idols of Goddess Durga for the upcoming Durga Puja festival in Calcutta, capital of eastern Indian state West Bengal on Sept. 27, 2011. The festival celebrates the homecoming of Mother Goddess Durga and the victory of good over evil, dramatized by the goddess' demolition of the evil buffalo demon, Mahishasura. (Xinhua/Tumpa Mondal)
  • A model presents a creation of new upcoming designer Sergei Grinko at the Milan Fashion Week Women's Wear Spring/Summer 2012 in Milan, northern Italy, Sept. 27, 2011. The Milan fashion week closed on Tuesday. (Xinhua/Wang Qingqin)
  • Yu Guangyao (2nd R), president of Shanghai Shentong Metro Co., Ltd, bows his apology at a press conference on the subway trains collision accident happened Tuesday afternoon, in east China's Shanghai Municipality, Sept. 27, 2011. By 8:30 p.m. (1230 GMT) Tuesday, a total of 271 injured people in the accident have received medical treatment in hospitals, among them 180 have been dispatched. Other 61 injured people are still in hospital, in which 30 are under emergency observations. No critical injuries have been reported. (Xinhua/Chen Fei)
  • Children visit the Confucian temple in Tainan, southeast China's Taiwan, Sept. 27, 2011. A ceremony will be held at the temple to commemorate Confucius (551-479 BC) on Sept. 28, the birthday of the ancient Chinese thinker and educationist and the annual Teacher's Day of Taiwan in honor of him. (Xinhua/Ren Zhenglai)
  • Fourth-grader Ma Lianghai (left) and third-grader Ma Linxiang are engrossed in their work during art class at Zhaojia Elementary School in Dongxiang, Gansu province, on Sept 18. (Photo by Xu Jingxing/China Daily)
Hot Forum Discussion