Montréal, November 3, 2015 – The Board of Trade of Metropolitan Montreal is pleased to announce an initial series of agreements struck during a trade mission to China led by Montréal Mayor, Denis Coderre. In total, nine agreements were signed between the city’s businesses and institutions and Chinese partners.
“These agreements demonstrate the increased presence of Greater Montréal businesses and institutions on the Chinese market,” said Michel Leblanc, President and CEO of the Board of Trade of Metropolitan Montreal. “Having the Mayor on hand and having the largest delegation of business people ever assembled by the Board of Trade shows Chinese partners that we want to move business relations forward. This is in addition to the new direct flight between Montréal and Beijing, which creates an even greater impetus to strengthen ties between the two business communities. Other agreements may be concluded in the coming months thanks to new relationships between the city’s businesses and potential Chinese partners.”
“Initial results from this trade mission speak volumes about China’s interest in our city,” said Denis Coderre, Mayor of Montréal. “Our city has a great deal to offer, and the Chinese market presents incredible opportunities for growth. This trade mission is part of a long-term effort to establish and maintain strong ties between Montréal and China. Montréal will be pleased to host a Chinese delegation in 2017, for Montréal’s 375th anniversary.”
Joint venture for Dagua Technologies Inc.
Dagua Technologies Inc. has announced a joint venture with Jiangsu New Epoch Environmental Protection Co. Ltd. to manufacture and sell a patented, chemical-free water treatment technology and to build a new plant.
Cirque du Soleil to open an office in Shanghai
Cirque du Soleil and Fosun announce the opening of an office in Shanghai and the appointment of a senior vice-president and general manager of Cirque du Soleil in China. This confirms Cirque du Soleil’s intention to develop in China in the coming years with its business partner Fosun. With the opening of its offices and the appointment of its representative in China, Cirque du Soleil will be increasing its presence in China, particularly with its touring show TORUK – The First Flight, in 2017, inspired by James Cameron’s Avatar, and a permanent show in Hangzhou beginning in 2018.
Three agreements for UQAM
Université du Québec à Montréal (UQAM) and the Shanghai Institute of Visual Arts (SIVA) have signed a university partnership. The two universities will work together to develop projects in the visual arts to bring the two cities’ arts communities closer together and stimulate cultural exchanges between the countries.
UQAM also signed a university partnership with Shanghai Normal University (SHNU). The universities will develop research and business development support programs between the two cities and encourage student exchanges.
The Fondation de l’UQAM entered into an agreement with Haomiao, one of the two largest Chinese makers of fire trucks. The aim of the agreement is to create a chair in research and development in emergency interventions. It will enable advances in the management of specialized fleets of emergency vehicles.
Two agreements for Concordia
Concordia University and the Shanghai Institute of Plant Physiology and Ecology, the Shanghai Institute of Biological Sciences and the Chinese Academy signed an agreement to promote cooperation in the fields of genomics and synthetic biology. This agreement will also foster mobility among graduate students in those fields.
Concordia University also signed an agreement in Beijing on November 1 with the organization Mitacs and the China Scholarship Council. This trilateral agreement is meant to offer financial support to Concordia researchers who want to travel to China to do research.
Memorandum of understanding for Montréal International
Montréal International signed a memorandum of understanding with Invest Shanghai to encourage foreign investments in Shanghai and help Shanghai businesses invest abroad.
Joint venture for Rideau Recognition Solutions Inc.
Rideau Recognition Solutions Inc. signed a joint venture agreement on November 1 in Beijing with the Beijing Foreign Enterprise Human Resources Service Co. Ltd. (FESCO). The goal of this joint venture is to offer businesses and multinationals operating in China solutions in the areas of employee benefits, recognition, performance and analytics. FESCO is the leader in human resources services in China.
For more information on the agreements, please contact the abovementioned organizations directly.
About the trade mission to China
The trade mission to China was organized by the Board of Trade of Metropolitan Montreal’s team of international trade experts, the World Trade Centre Montréal, in partnership with the Ville de Montréal and Montréal International. The trade mission, which is taking place October 30 to November 6, 2015, is being led by Montréal Mayor, Denis Coderre.
About the Board of Trade of Metropolitan Montreal
The Board of Trade of Metropolitan Montreal has over 7,000 members. Its mission is to be the voice of Montréal’s business community and to promote the city’s prosperity. It is involved in key areas of economic development, advocating a philosophy of action based on engagement, credibility, proactivity, collaboration and innovation. The Board of Trade also offers a range of specialized services to individuals and to business of all sizes to support them in their growth at home and abroad.
About the World Trade Centre Montréal
With the help of its World Trade Montréal experts, the Board of Trade of Metropolitan Montreal offers international trade services to the extended business community, with the support of Canada Economic Development.
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Michelle LLambias Meunier
Senior Advisor, Public Relations, and Press Attaché
Board of Trade of Metropolitan Montreal
Phone: 514 871-4000, extension 4042
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