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Shanghai, Canada to Expand Cooperation

Trade and economic cooperation between Shanghai and Canada will continue to expand, Xu Kuangdi, mayor of the China's largest metropolis, told visiting Canadian Prime Minister Jean Chretien Wednesday.

Xu said bilateral trade between Shanghai and Canada soared 40 percent year-on-year to US$1.1 billion last year. Meanwhile, the two sides have enhanced exchanges and cooperation in environment protection and biochemistry, he said.

Bilateral cooperation will see even greater potential after China's accession to the World Trade Organization, Xu added.

Chretien said Canada and Shanghai are strongly complementary in trade. He expressed hope that the expansion of bilateral cooperation will bring about further exchanges between entrepreneurs from Canada and Shanghai.

Shanghai and Montreal, two big cities in China and Canada respectively, pledged to further their friendly cooperation.

Representatives from the two cities signed a memorandum in Shanghai Wednesday concerning their previous cooperation.

Since the establishment of friendly cooperative ties between the two sides in 1985, the two cities have successfully cooperated in 12 programs, involving urban planning, civil defense, natural sciences, culture and other areas.

The two sides vowed to continue to support exchange and cooperation, especially in e-commerce and multi-media sectors.

Shanghai Mayor Xu Kuangdi and his Montreal counterpart Pierre Bourque were present at the signing ceremony.

(CIIC 02/15/2001)



In This Series

Wheat Trade Lauded

Rosy Trade Prospects Expected

China, Canada Sign Deals Worth US$3.5Billion

Sino-Canadian Ties Leap Forward

Canadian PM Jean Chretien Leaves for Shanghai

Chinese Premier Urges Canadian Businessmen to Participate in

Canadian Bank Co-operate With Chinese Fund Management Company

Canadian PM Visits Chinese Judges College

Beijing Welcomes More Canadian Investment

Canadian PM Reaffirms Strong, Enduring Ties With China

“Team Canada” Visit Revs up Ties

Shanghai Becomes Key Supply Center

Canadian PM Leaves for Xi'an

PM's Visit to Push Ahead Sino-Canadian Ties

Canada Expects to be China's Partner in Developing West

Canadian Minister Voices Strong Support for China's WTO Accession

Canadian PM Arrives for Official Visit

Canadian PM's China Visit to Boost Ties: Ambassador

References

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