Spring trade mission grows trade relationships in China and Indonesia

Spring trade mission grows trade relationships in China and Indonesia

April 24, 2015 Posted by Adriana Haukaas

Exploring tech opportunities in Nanjing, Jiangsu Province

The recent 12-day spring trade mission led by Minister of International Trade Teresa Wat broke new ground in growing B.C.’s relationships in China and Indonesia.  

In China, Minister Wat visited two provinces that hold great promise for expanded trade and investment with British Columbia: Zhejiang and Jiangsu. These provinces “have the potential of opening new business opportunities similar to Guangdong Province where we have strong ties and continue to maintain those connections” said Minister Wat. This was her third trip to China, and it also included meetings in Guangdong Province and Hong Kong.

Key steps towards strengthening B.C.’s relationship with these provinces took place on the trade mission with the signing of a letter of intent (LOI) with the Zhejiang Department of Commerce on economic cooperation, and a memorandum of understanding (MOU) with the Jiangsu Economic Informatization Technology Commission to expand economic collaboration in the technology sector.

In Indonesia, Minister Wat explored opportunities within the Association of South East Asian Nations (ASEAN) market. Together, ASEAN markets rank fifth among destinations for B.C. goods exports and Indonesia is a key player as ASEAN’s largest economy. “This trade mission allowed me to meet face-to-face with key government officials and business representatives to learn more about the challenges and opportunities of that market, and how we can help B.C. companies be successful there” expressed Minister Wat.

Wat’s mission focused on promoting B.C.’s information and communications technology, digital media, clean technology,and life sciences, and encouraging companies to locate their North American head offices in British Columbia as part of the HQ Vancouver project. A delegation of over 16 B.C. businesses and organizations accompanied Minister Wat to take advantage of the opportunities to meet face-to-face with stakeholders.

James Hursthouse, from Roadhouse Interactive B.C. commented: “It’s been a real pleasure to be on the trade mission, and as always, the trade and investment office has been really awesome in helping us put together some great meetings... we certainly gained a lot of new contacts from this trip.”

Minister of Advanced Education Andrew Wilkinson, who also travelled to China from March 27-April 5 on a separate program, joined Minister Wat in a number of meetings with government representatives and business stakeholders.  

Learn More:

About Minister Wat’s mission, including highlights from China and Indonesia

Highlights of the Minister's activities focused on the technology sector

Insights Minister Wat heard from a B.C. company reaping success in ASEAN
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