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Business forum promotes Chinese investment in Western Canada

(Xinhua)

08:18, October 11, 2012

VANCOUVER, Oct. 9 (Xinhua) -- Companies from China and Canada signed cooperation agreements at a forum here Tuesday, marking Canada's latest move to draw money flows from China.

Four companies from the two countries signed Memorandums of Understanding (MOU) in the forum, which focused on increasing China's investment in Canadian western provinces and attracted more than 100 executives from the two countries.

Vancouver-based Russell Brewing Company agreed to create a Russell Breweries China Inc with its Chinese partners, and Beijing Dream Lighting City Culture Development Co. Ltd, a designing company from China, decided to work with the David Robinson Studio Inc for designing the Valley of the Emperor in western China.

Alison Keller, who signed a MOU on behalf of the Vancouver-headquartered sculpture company, said China was at the forefront of public art and the signing would significant boost cultural exchanges of the two sides.

"It's an important expression of faith and goodwill between the two countries, when you have a Chinese company inviting a Canadian artist to come and do a project with them," she said.


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