A foreign investment promotion and protection agreement will benefit both our countries, says Minister Fast
October 11, 2011
Suzhou, China (photo on left) - Minister Fast listens as Kelvin Ting, General Manager at Celestica Suzhou, talks about the company’s state-of-the-art facilities. Celestica Suzhou is a successful Canadian high-tech company that has invested in China. Minister Fast and Canadian business representatives met with Celestica senior management to get updates on their recent business development operations in China. Minister Fast also highlighted the Government of Canada’s support for Canadian firms working in China.
Kunshan, China (photo on right) - Minister Fast tours the Magna Closures facility in Kunshan, China, with Chungsen Leung, Member of Parliament for Willowdale and Parliamentary Secretary for Multiculturalism, (far left) to get a first-hand view of the world-class work that is being done there. The Kunshan facility was established in China in 2003. Over 40 percent of Magna Closures’ production is now going to the domestic Chinese market with its booming automotive sector. In 2009, China surpassed the United States to become the world’s largest market for new vehicles.
For further information, media representatives may contact:
Office of the Honourable Ed Fast
Minister of International Trade and Minister for the Asia-Pacific Gateway
Trade Media Relations Office
Foreign Affairs and International Trade Canada
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