November-December Newsletter 2012

A summary of chamber news and events for members and the Canadian community at large

Chamber News | Member News | Interesting LinksNew & Renewed Members |Upcoming Events

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Chamber News

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Mayor of Victoria Visits Shanghai

On October 27, 2012, CanCham Shanghai hosted a luncheon for the Mayor of Victoria Dean Fortin and his delegation. The luncheon was part of the Victoria delegations’ mission to strengthen the economic and educational ties to China. During the trip the Chamber also worked with the Greater Victoria Development agency to connect the delegates with local partners. More

Screenshot_1Check out photos from last year’s Christmas

5th Annual Canadian Christmas Party Next Week

Hold on to your tuques because this Christmas will be one like you’ve never seen before. Actually…you probably will have seen it before because CanCham will be hosting a classic Canadian Christmas featuring an outdoor pre-dinner reception with hot chocolate, cider and eggnog. This year we are excited to announce that we will have a skating rink for the little ones sponsored byPetro Canada with the support of CTC Group and a Christmas village designed byB+H Architects. With a little help from the elves at Ivanhoé Cambridge, Santa will be making a visit as well! More

SPECIAL THANKS
Skating Rink Sponsor : Petro-Canada and supported by the CTC Group
Airline Sponsor: Air Canada
Santa’s Workshop Sponsor: Ivanhoé Cambridge
Christmas Village Sponsor: B+H Architects
Tree Sponsor: CN
Our Amazing In-Kind Sponsors

piggy-bank-canada

Seminars on Investing in Canadian Property

In response to the demand for more information on investment in Canada CanCham hosted set of seminars focusing on real estate investment and its legal and tax implications.

The seminar held on November 1 in partnership with CBRE Ltd. (Canada) took a look at trends in the Current Canadian property market investment activities, the activities, the outlook for Vancouver and Canada as well as emerging legal issues for foreign investors.

On November 29th, REDEV presented a seminar focusing on Canadian tax requirements for non-residents interested in investing in Canadian properties.

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Canadian Consulate Briefing

The Canadian Consul General Rick Savone and his team at the Canadian Consulate in Shanghai gave CanCham and CCBC members an update on the latest business, economic, political, cultural and consular news.

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New Seminar: China’s current OFDI restrictions

This December CanCham Shanghai and Troutman Sanders will be hosting a talk on China’s current OFDI restrictions and how they are likely to evolve in the near term.

This seminar will be of interest to any parties seeking a clearer understanding of the approval procedures, timelines and uncertainties that will confront any Chinese investor planning an investment overseas, including Canada. More

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Member News

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B+H Gifts Pavilion to the City of Shanghai

To thank China for the opportunities they have been given over the past 20 years, B+H Architects has designed and gifted a pavilion to Daning Lingshi Park. Design of the pavilion was led by Canadian architect David Stavros and was inspired by icons of Chinese culture such as silk cocoons and Chinese lanterns.

Since coming to China in 1992, B+H has worked on over 180 projects in China.More

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In Case of Emergency: Keep Connected to Canada

If you are a Canadian living or travelling abroad remember to register online with the Canadian Consulate to access Consular services and so that you can be notified if there is an emergency in your region. Register here

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Quebec Deputy Prime Minister Leads Trade Mission to China

The Deputy Premier of Québec and Minister of Agriculture, Fisheries and Food, François Gendron led a trade mission to China from November 12 to 16, 2012. He was joined by representatives of thirty Québec companies. Participants traveled to Zhuhai, Hong Kong and Shanghai to meet with local business leaders and to take part in activities related to the aerospace, cosmetics and food sectors. More in French or English

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BC’s Trade and Investment Seminars Attract over 300 Business Leaders and Media

In October, the BC Trade and Investment Office in Shanghai hosted investment promotion seminars in Ningbo, Shanghai and Nanjing. Speaking to a full house at each city, speakers from British Columbia’s private and public sectors discussed BC’s competitive advantages. More.

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Lanzun Appointed Vehicle Supplier to Cloud Gate 2

Shanghai Lanzun Car Rental Service Co., Ltd. was appointed the official vehicle sponsor for the Shanghai run of Cloud Gate 2. Created by renowned choreographer Lin Hwai-Min, Cloud Gate 2 is a modern dance production that has toured worldwide.

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R&P Lawyers: How to Determine Your Optimal Investment Strategy in China

In their latest legal briefing R&P Lawyers explain how to choose the optimal legal structure and establish a corporate governance system to allow the investor maximum control.Download the briefing.

In other R&P news, the firm has been recognized by “China Law & Practice” as one of China’s leading law firms. More

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Intertrust Group Opens New Office in Toronto

Intertrust Group is pleased to announce the opening of a new representative office in Toronto, Canada to enhance its presence within the North America region.

The opening of Intertrust’s new representative office in Toronto, Canada, underlines Intertrust’s ambition to continuously expand its global network and range of services to serve international clients from every corner of the world. Headed by Jeroen de Moel, the new Toronto office complements Intertrust’s existing North America representative offices in New York, Houston and San Francisco, and its operational office in Delaware. More

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Fairmont Hotels & Resorts Continues to Grow in China

In 2016 Fairmont Hotels & Resorts will be opening a new luxury property in Changsha, China. In addition to the hotel, Fairmont will also be managing a new conference center located next door.

Fairmont Changsha joins Fairmont Beijing, China; Fairmont Chengdu and Residences, China (2015); Fairmont Jakarta, Indonesia (2014); Fairmont Makati, Philippines (2012); Fairmont Nanjing, China (2013); Fairmont Peace Hotel, Shanghai, China; Fairmont Singapore, Fairmont Taiyuan, China (2014) and Fairmont Yangcheng Lake, China. More

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Collier’s Releases The Asia Office Leasing Market Confidence Index

The Asia Office Leasing Market Confidence Index recently released by Colliers International registered 55.1% in 3Q 2012, edging down from 64.2% in the previous quarter. Though the index was lower than 2Q 2012, it remained at above 50%, a clear indication of the positive overall sentiment in the office leasing market. More

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CBRE Deemed Greenest Commercial Real Estate Firm for 2012 by Newsweek

For the fourth year in a row Newsweek has ranked CBRE Group Ltd as the greenest real estate services firm in the world. More

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Bombardier & COMAC Strengthen Collaboration

Commercial Aircraft Corporation of China Ltd (COMAC) and Bombardier Inc. announced the successful completion of the Phase I of an agreement signed in March to jointly develop common components used by their respective aircraft.

As such COMAC and Bombardier will be moving ahead with talks to develop Phase II of their collaboration. More

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Manulife Launches the “Entry into Asia Challenge”

Manulife in partnership with the University of Toronto’s Rotman School of Management establishes the “Manulife: Entry Into Asia Challenge”.

The competition challenges Canadian undergraduate and graduate business students to create business plans for a SME looking to expand into any country in Asia.More

manufacturingPhoto: Clay Irving

HSBC Flash China Purchasing Managers’ Index (PMI) Shows Growth in Chinese Manufacturing

For the first time in 13 months the HSBC China manufacturing PMI has gone over the 50 point mark. Based on a 100 point scale, any readings over 50 mark an improvement in manufacturing activity. More
HSBC’s Flash Purchasing Manager’s Index

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University of Toronto Prof Discover Genetic Pattern that Predicts Time of Death

University of Toronto professor and his team of scientists have found a gene mutation that not only determines whether or not you are a morning person but also predicts the time of day when someone is likely to die.

According to the study, those with the AA or AG genotype are more likely to be early risers and are also likely to die just before 11am. Meanwhile, those with the GG genotype wake up later and are more likely to die in the evenings (around 6pm to be exact). More

Screenshot_8Photo: Red Gate International Inc.

Savour Canada Showcases the Best of Canadian Food Products

A special Savour Canada event hosted by Consul General Rick Savone took place at the 16th Food and Hotel China Exhibition on November 14. Local TV personality and celebrity chef Clinton Zhu, who is Canadian-trained and best known for judging Dragon TV’s Master Chef competition, conducted a cooking demonstration for approximately 80 invited guests, including media, importers, and retailers. Using Canadian ingredients such as pork, beef, canola, maple syrup, Saskatoon berries, icewine, fish and seafood, Chef Zhu created a number of Chinese-Canadian fusion dishes. More

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North American Premiere Wine Shop Celebrates its First Anniversary in Shanghai

On October 30th, 2012 the North American Premiere Wine Shop celebrated its first anniversary in Shanghai. The North American Premiere Wine Shop opened on October, 2011. Since then the shop has been providing high quality North America (VQA Ontario and BC VQA) wines to customers in the greater area of Shanghai, including the Zhejiang and Jiangsu provinces. More

Frances Sun

Former Hill + Knowlton Senior VP Joins APCO Worldwide

Frances Sun, former senior vice president at Hill+Knowlton Strategies, China, joins APCO Worldwide as managing director of the firm’s Shanghai office. More.

In other APCO news, APCO Chairman Kenneth Jarrett has been appointed as an official economic consultant for Wuxi by Zhu Kejiang, Mayor of the Wuxi Municipal People’s government.

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Special Christmas Events at CanCham’s Member Hotels

Christmas Goodies
On Decemeber 2, 2012 the Grand Hyatt Shanghai will kick off the holiday season with a Christmas Tree Lighting Ceremony. On December 2, 9, 16 and 23 enjoy Christmas afternoon delights while children learn how to make traditional gingerbread houses from the Grand Hyatt’s pastry chefs.

If you are in the Jing An area and are craving Christmas edibles visit The Gingerbread House at the Portman Ritz Carlton, Shanghai for your favourite Christmas goodies or pick up a festive ham or turkey dinner to go from the Four Seasons Hotel Shanghai.

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New and Renewed Members

NEW COMPANY MEMBERS

CBRE Group, Inc.
CBRE is the global leader in real estate services. Each year, we complete thousands of successful assignments – with clients from the gamut of industries.

This volume creates market knowledge that allows us to seize opportunities, speed the business process and create the most thorough, precisely accurate picture of global commercial real estate conditions and trends.

EXM (Changshu) Manufacturing Ltd.
Eurobec Metal Ltd. was founded in 1975 and introduced European-style deep drawn industrial enclosures to the Canadian market.

EXM innovations also include enclosures with flange-mounted quarter-turn locks and heavy-duty die cast hinges. EXM is also the only major Canadian enclosure manufacturer to use poured-in-place gaskets.

Intertrust Group
Intertrust China is the company for both international brands with the desire to establish a presence in China and for Chinese companies with ambitions overseas. Our skilled, bilingual staff is at your service in Beijing, Guangzhou and Shanghai, as part of the global Intertrust network.

Giving you the expert assistance which will allow you to successfully achieve your goals, Intertrust China offers hands-on fiscal-legal administration, reliable asset management and fully compliant corporate structuring services.

MGI Pacific Ltd.
MGI Pacific is a leading provider of cross-border global real estate investment solutions to sophisticated individual and institutional investors. MGI Pacific works with institutions, corporations, individual investors, and channel partners to provide broad based property investment solutions to qualified investors. With real assets composing a larger portion of portfolios globally, diversifying across product classes and geographies is important in order to optimize the risk/return trade off that sophisticated investors seek. With MGI Pacific’s vast access to global investment opportunities the firm is well positioned to assist you in optimizing your property investment portfolio.

Shanghai American School
Established in 1912, SAS is one of the oldest international schools in the world and the largest in China. This year’s centennial festivities give us the opportunity to celebrate both our rich past and our promising future. We cherish a long legacy of educational excellence and a broad community of accomplished alumni that has made a difference in every corner of the world. We also work hard to keep ahead of the changing demands of 21st century education, by providing the technology, creative teaching, and opportunities for real life and service learning that take our students beyond the classroom walls and into the global community they inhabit.

Soprema (Shanghai) Construction Materials Trade Co., Ltd.
SOPREMA is an international manufacturer specializing in development and production of waterproofing products for the building and civil engineering sectors. SOPREMA, founded in 1908, has its headquarters in Strasbourg, France and operates in 80 countries. Beginning operation in Canada in 1978, SOPREMA now employs more than 360 people in its two manufacturing facilities in Drummondville, Quebec and Chilliwack, British Columbia.

SXL Group
Managed by an international team of dedicated professionals, SXL Group is spearheading the student consulting model in China. SXL Group identifies and selects the most talented and ambitious students from the top universities in China and harness their brainpower to deliver top of the line project services.The outcome is an unmatched flexibility and price/quality ratio for our clients, and invaluable work experience for the students we engage. Our students come from a wide range of academic backgrounds, and coupled with our highly versatile in-house Project Managers, SXL Group is able to offer services across a broad spectrum of areas.

Weberchen Software Development Shanghai Co., Ltd.
Shi Xiao Bao by Weber Chen Software Development Company Ltd.is an easy to use powerful simple networking, time & position monitoring tool. Applicable to outside sales, delivery, contracting, patrol and other field-based team management. It works on all cell phones, is simple and inexpensive with powerful results. Shi Xiao Bao is the key to introducing streamlining operations, reducing costs, and increasing revenues in order to maximize your bottom line.

Smile Dental 
Smile Dental collaborates with the University of Washington School of Dentistry in the United States to provide technical expertise and information exchange. This relationship, combined with leading edge equipment, th latest dental materials, and strict implementation of the U.S.ADA standards, enables us to provide Shanghai residents and expats with world-class dental healthcare. Our motto, “a beautiful smile begins with healthy teeth”, reflects the desires of those wishing to enhance their quality of life, and the goal of Smile Dental to be the premier dental service provider in China.

NEW INDIVIDUAL MEMBERS

Derek Tang

NEW YOUNG PROFESSIONAL MEMBERS

Angela Lim
Cathy Zhang
Jessica Bu
Lise Birikundavyi
Nick Shorten
Richmond Wong
Vincent Kott
Xiaoyi Qin

RENEWED COMPANY MEMBERS

B+H Architects
B+H is a global, award-winning, full service design firm recognized for excellence in sustainable design, technical expertise and the delivery of complex, large-scale projects. A 59-year legacy of design innovation and problem solving has endowed us with a depth of knowledge, skill and agility that benefits each client we serve, wherever they are in the world.

British Columbia Trade and Investment Office – Shanghai
British Columbia is the preferred gateway for Asian trade to North America and the world. Transportation is a key support for economic growth and development. That’s why it is singled out for special focus in the BC Jobs Plan. More than any other sector, it serves the dual purpose of generating direct employment and underpinning job creation, development and progress throughout B.C.

BCFII China 
FII China promotes modern wood-frame construction in China. As an agency of the Government of British Columbia, Canada, FII China works cooperatively with Chinese officials, architects, engineers and the construction sector to develop wood-frame solutions to suit local construction needs.

FII China, in partnership with Canada Wood China, continues to work with Chinese government organizations and developers to further develop and promote wood-frame construction in China.

Capital Tax & Accounting Services
Capital Tax & Accounting Services, Ltd. provides individuals and small businesses operating in China with reliable, professional, effective accounting and tax services that facilitate business operations and adhere to reporting requirements. Whether you need minimal assistance or full-service accounting, you can trust the experts at Capital Tax to deliver top notch services to keep your business running smoothly so you can focus your efforts on the activities that matter most – those that generate profits.

Caisse de dépôt et placement du Québec 
The Caisse de dépôt et placement du Québec manages institutional funds, primarily from public and private pension and insurance funds in Québec. With a growth perspective in mind, it invests the money of these depositors in financial markets in Québec, elsewhere in Canada, and around the world.Through its size and activities, the Caisse is a global investor and one of the largest institutional fund managers in Canada and North America as a whole.

Dunn Global
The Dunn Global team is your access point to international sourcing possibilities. Incorporated in early 2009, we have developed a strong list of clients in Canada, most of which are in the hardware, industrial supply, construction or oil and gas business.

Golder Associates Consulting Ltd 
Golder Associates is an employee-owned, global company providing consulting, design, and construction services in our specialist areas of earth, environment, and energy through technical excellence, innovative solutions and award winning client service. Today, Golder’s clients represent the world’s major industries and drivers of development: Oil and Gas, Mining, Manufacturing, Power, and Urban Development and Infrastructure.

K. F. Stone Design International Inc. Canada 
K. F. Stone Design International Inc. Canada is a well-known architectural firm with expertise in the design of urban space, commercial, public and residential buildings. The firm has earned its excellent reputation and respect through its commitment to outstanding design quality and its dedication as well as by providing exceptional service to clients.

REDEV Properties 
REDEV is a Canadian company owned by Canadians. REDEV has been in the real estate business in Canada for over 28 years. During this time, REDEV has successfully developed over 11,000 units and currently has 25 shopping malls under management. REDEV has the local knowledge required to succeed and have never lost a cent of our clients’ money – ever, so you can rest assured that your money is in stable and secure hands.80% of REDEV’s investors live in Canada and 66% are repeat investors.

Rio Tinto
Rio Tinto’s business is finding, mining and processing mineral resources. Major products are aluminum, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.

Sinophone Interpretation
Sinophone Interpretation is a full-service interpretation firm based in Shanghai, China that provide seamless, high-quality conference interpretation services in China, across the Asia Pacific region and beyond.

Sinophone’s specialties include:

1)Simultaneous interpretation for all kinds of meetings and events, from small gatherings with just two languages to large, complex, multi-site events with multiple languages;

2) Executive interpretation for China visits of government and business leaders.

Shanghai East International Medical Center
Caring for people of all nationalities, Shanghai East International Medical Center (SEIMC) is a Sino-foreign joint venture general hospital. Since it opened its doors in 2003, SEIMC has been providing 24-hour out-patient and in-patient care to the international community not only in Shanghai, but also surrounding provinces.

RENEWED ACADEMY MEMBER

Queen’s University
Queen’s attracts students who want to excel, and who want to do. Surrounded by bright, motivated peers, and aided and encouraged by Queen’s supportive atmosphere, you’ll spend four years being taught by some of the finest academic minds anywhere – acclaimed philosophers and social scientists, innovative engineers and firstrate scientists. Queen’s challenges students intellectually, and they rise to the challenge.

RENEWED INDIVIDUAL MEMBERS

Simon Gong
Ricky Wang
Alan McMillan

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Interesting Links

Canada -China

  • Investing in China as a Canadian company is no easy ride
  • CIC likely to purchase a 12.5% stake in some Canadian timber assets
  • Sinopec wants to widen new partnership with Canada’s Talisman Energy

Canada News

China News

China’s National People’s Congress

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