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2014 Mission to China Québec, an ideal partner: Another productive day for Québec

Jinan, Shandong, October 28, 2014 – Following two productive days in Shanghai, Québec Premier Philippe Couillard travelled to Jinan, the capital of Shandong province, with which Québec has maintained relations for 15 years. During his brief visit, several agreements were signed, including one that will lead to an investment of several million dollars by Qingdao City Construction Investment Group in the Cycle Capital Management fund in the clean technologies sector in Québec. The financial partnership is intended, in particular, to facilitate access by Québec clean technology firms to the Chinese and Asian markets.

“The relationship and the partnership that we have established in a more sustained manner in recent years with Shandong is enabling us to conclude partnerships in promising sectors in which demand is growing, such as the clean technologies,” Premier Couillard noted.

During a meeting with Governor of Shandong Guo Shuqing, the Premier discussed key economic questions and the importance of pursuing relations between Québec and Shandong to consolidate commercial and institutional exchanges.  

All told, the Premier’s visit coincided with eight announcements or signings by Québec and Chinese representatives in the fields of education, vocational training, urban land-use planning, culture and the environment during a ceremony at which the Governor and the Premier acted as witnesses (see the appendix for a full list).

Among the most notable announcements, Panexpert Inc. signed a memorandum of understanding with a Shandong group for the construction under a joint venture of wood-framed cottages and houses. The $350-million project will have potential economic spinoff of $50 million in Québec over five years.

“I hope that these examples of success will be repeated and inspire other innovative Québec firms to broaden their horizons to include growth markets such as China. Business opportunities are available and the role of our government is to support Québec companies, initiate contacts, accelerate discussions and conclude agreements that will benefit the Québec economy,” Premier Couillard concluded.

Québec and Shandong were founding members in 1999 of the Conference of Heads of Government of Partner Regions. Since 2002, they have developed close cooperation in varied fields such as the economy, trade, research and innovation, training, education and tourism.


Online as of: July 16, 2015

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