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A Canadian Success Story: Constructing the Future China

Photo (left to right): Ritchie Bros. General Manager and Regional Sales Manager Chris Edwards; Vice President, Asia, Stephen Branch; Minister Fast; Director and CEO Peter Blake; and Business Development Manager Ivan Wang.

April 16, 2013 - Beijing, China - The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, congratulates representatives of Ritchie Bros. Auctioneers on the company’s first unreserved auction in China, which will take place on April 18, 2013, in the Tianzhu Free Trade Zone in Beijing. Ritchie Bros., which has had a presence in China since 2004, will be providing China with its first global platform for the exchange of new and used construction equipment between China and other countries.

Headquartered in Vancouver, Ritchie Bros. has over 110 locations, including 44 auction sites, in more than 25 countries. In 2011, the company auctioned US$3.8 billion worth[ of equipment around the world. The company was the first “wholly owned foreign enterprise” to receive a business licence to conduct auctions in China.

Minister Fast is on a two-week visit to Asia that includes stops in the cities of Tokyo, Yokohama, Hong Kong, Beijing, Harbin and Tianjin before he attends the Asia-Pacific Economic Cooperation Ministers Responsible for Trade meeting in Indonesia.

For more information, please consult Deepening Trade with Asia.

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For further information, media representatives may contact:

Rudy Husny
Press Secretary
Office of the Honourable Ed Fast
Minister of International Trade and Minister for the Asia-Pacific Gateway
613-992-7332

Trade Media Relations Office
Foreign Affairs and International Trade Canada
613-996-2000
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