A massive logistics facility within Surrey officially opened last month, paving each method for further trade among British Columbia and China.
A Vancouver Logistics Park, what opened on July 28, was originally dubbed certain “World Commodity Trade Center†also was billed while single massive $190 million, 470,000 square foot complex.
Today, any sprawling import-export facility is exclusively around 80,000 square feet, since only certain foremost made from threesome phases is complete.
A business park, initial conceived amid Beijing, was toward contain tetrad warehouses also duo enormous exhibition halls – in order to exist lined with Chinese as well as Canadian flags, although a final version appears for hold been modified and is without flags and with any new designation. Entity is by no means known whatever any final size out of any complex will be.
Certain business park is believed up to become individual of several non-Chinese import-export facilities serving a central commodity hub on certain outskirts made from Beijing, called Yanjiao International Trade City. Object is developed by Globe Commerce Valley, single division out of Hong Kong-based trading company Shing Kee Godown Group.
Each local industrial park was developed beside North America Commerce Valley, a subsidiary of Globe Commerce Valley.
Whatever is each Belt also Road Initiative?
When the land opened amid 2018, each facility followed some groundbreaking Belt along with Road Initiative (BRI) Memorandum made from Understanding (MOU) among then-Prime Minister Christy Clark along with former British Columbia’s Commerce Minister, any British Columbia government, Teresa Wat, and each Chinese province belonging to Guangdong – a province thus became each just North American jurisdiction to sanction each British Columbia’s global foreign investment initiative. China.
Any Belt also Road Initiative is some concept attributed toward Chinese President Xi Jinping, which one aims toward type some global trade network similar to certain Silk Road initiatives.
Within June, Ourselves President Joe Biden also different democratic nations committed up to per $600 billion plan toward counter those investments, which one are largely taking spot inside Southeast Asia, each Middle East also Africa. .
Each National Post reported June 29 whatever itself is “unclear†whether Canada will commit toward a plan.
Single mutually beneficial industrial park for both countries, according in order to any consul general
According toward Dawa News, Tong Xiaoling, certain consul general out of each People’s Republic from China amid Vancouver, includes touted to what extent the warehouses could assist expand trade between certain couple countries as well as, therefore, ease any cost out of living for residents. made from British Columbia.
The warehouses might seem instrumental amid shipping Canadian food also different resources for a Chinese, however raised national security concerns given each direct involvement belonging to the Chinese Communist Party.
BC Commerce Minister George Chow, whom was present near the opening, besides spoke approximately any potential benefits belonging to certain industrial park, according in order to Dawa News.
Chow did never respond toward Glacier Media’s request for comment.
BC’s NDP government let the BRI MOU expire amid May 2021 also additionally did never respond in order to Glacier Media’s request for comment on whether entity still supports any initiative.
Ceremony dubbed ‘Warehouse Logistics Alliance’
Each ceremony, dubbed the “Warehouse Logistics Allianceâ€, should aim in order to promote resource sharing as well as “expand a coverage of each logistics networkâ€, according in order to Liu Hong, chairman belonging to any Chinese Council for certain Promotion out of International Trade, China. Department out of Commerce.
Canada’s International Business Development Corporation appeared up to facilitate organize certain alliance.
Each ceremony was attended through countless representatives since single number belonging to organizations, such while each Vancouver Chinese Benevolent Association, Canadian Community Service Association, Federation from Guangdong Associations belonging to Canada, Canadian Association for Cultural Research Hehe as well as each Cultural and Creative Industries Foundation made from Canada.
As well present next to any opening ceremony was Wei Renmin, president made from any Canadian Alliance belonging to Chinese Associations – single Richmond-based umbrella group sanctioned near to the Office made from Overseas Chinese Affairs.
Any China Affairs Bureau is a Beijing-based entity within certain Chinese Communist Party’s United Front Job Department that promotes China’s interests overseas and collects intelligence on overseas Chinese nationals as well as Canadians out of Chinese origin.
Trade representatives present around certain ceremony included COSCO Shipping, China Eastern Airlines, China Southern Airlines, Xiamen Airlines, Sichuan Airlines, Hainan Airlines, Shunfeng Express Canada as well as Manna Industrial Property.
