British Columbia Firms Bag Bigger Deals at CIIE
Zhang Yushuo
/SOURCE : yicai
British Columbia Firms Bag Bigger Deals at CIIE

(Yicai Global) Nov. 11 -- Canadian companies from the westernmost province of British Columbia, including 50 N Natural Ecology Group and CAC Natural Foods, have been increasingly numerous and successful at the China International Import Expo.

More than one-half of Canadian exhibitors are from British Columbia or the westernmost Yukon territory, growing in ratio, Kevin Tsui, managing director of the North China bureau of Trade & Invest British Columbia, told Yicai Global in a press briefing. The six-day expo ended yesterday with some 3,700 firms from over 180 countries showcasing their products.
This year, Canadian exhibitors displayed more high-quality innovative products, and some of them rich in Canadian elements, said Zheng Xiaoling, president of a Canadian international trade promotion association.

CAC Natural, a health supplement arm of steel firm CAC Enterprises, quintupled its deal tally from last year to reach CNY700 million (USD100 million) this year. It also penned an agreement with Eternal Asia Supply Chain Management regarding supply chain management, according to Yang Hong, the Burnaby-based parent's chief executive.

50N Natural Ecology sold out its 36,000 bottles of maple water at the expo. The seafood producer partnered with Hong Kong's Likuso regarding supply chain management in a deal worth billions of Chinese yuan. 

By Nov. 9, Xypex Chemical, a Richmond-based crystalline technology firm, inked agreements CNY800 million in value, an increase of up to 40 percent from a year ago. 

St Geneve debuted at the CIIE with its luxury bedding that can resist frost down to 65 degrees Celsius below zero. Despite the USD20,000 price tag, its down feather quilt still attracted interest among buyers.

 Editor: Emmi Laine 

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Keywords: Canada , CIIE