trade visits to shandong province, china and seoul, korea march … · 2012-05-01 · city profile...

Trade Visits to Shandong Province, China

and Seoul, Korea

March 1-8, 2012

By Gord Landon, Regional Councillor

Objectives and Outcomes

Presentation to:

Economic Development Committee

May 1, 2012

Background

• Date: March 1 – 8, 2012

• Cities Visited: China: Qingdao, Zibo and Yantai

Korea: Seoul

• Business Meetings: 14

• Hi-tech Industrial Parks Visited: 5

Shandong Province, China

City ProfileQingdao:

- An important international trade port, naval base, industrial centre and marine transportation hub

- One of the ten largest ports in the world

- A model city for environmental protection

- A marine science and technology centre

- Area: 10,654 sq kms

- Population: over 8.7 million (2010)

- GDP: RMB¥ 566.6 billion (2010)

- GDP per capita: RMB ¥ 65,827 (2010)

- Key industries: home appliances and electronics, petrochemicals, automobiles and railway engines, shipbuilding and marine engineering, logistics

- Industrial zones: Qingdao Economic & Technological Development Area; Qingdao Free Trade Zone and Qingdao High-tech industrial Zone

City Profile

Zibo:

- A transportation hub of the Shandong province

- One of the 5 ceramic centres in China

- Abundant in natural resources, petroleum and natural gas


- Population: 4.5 million (2010)



- Key industries: manufacturing, construction and services

- Zibo National New & High-tech Industrial Park and other industrial parks

City Profile

Yantai:

- Second largest industrial city in Shandong province, next to Qingdao

- Has 9 different sea ports

- Tourism extremely popular, getaway destination for both domestic and international tourists


- Population: 6.5 million (2008)



- Key industries: tourism, agriculture and services

- Foreign investment: more than 70 world top-500 companies and multinational companies including LG, Hyundai, Toyota, Honda and Henkel etc.

10 Sectors of Opportunities Identified and Businesses Visited

1. Bio-technology, Pharmaceutical/Medical Equipments

- Qingdao Huanghai Pharmaceutical Co., Ltd.; Qingdao Bright Moon

Seaweed Group Co., Ltd.; Qingdao Better Bio-technology Co., Ltd.; “WEGO”

Holding Co., Ltd.

2. Animation

- Qingdao International Animation and Game Industrial Park; Qingdao

Guangdian Wireless Media Co., Ltd.

3. Aluminum Packaging - Zibo Denuo Aluminum Corporation

4. Tire Recycling/Production - Shandong Fuyu Bluestone Tire Co., Ltd.

5. Plastics - Dongda Polyurethane Co., Ltd.

10 Sectors of Opportunities Identified and Businesses Visited (cont’d)

6. Hi-tech - Lily Software (Shandong) Co., Ltd.

7. Electronic Device – Changzheng Education

8. Green Technology - Zibo Guoli New Energy Co., Ltd.; Yantai Power

Solarenergy Co., Ltd.; Komee LED Lights

9. Industrial and Economic Development Zones:

- Qingdao National High-Tech Industrial Development Zones

- Yantai International Economic & Technical Corporation Co., Ltd.

10. Others:

- Beddings/Embroideries - Qingdao Baoli Embroidery Co., Ltd.

- Organic Food – Korea Importers Association

10 Sectors of Opportunities Identified

1. Bio-technology, Pharmaceutical/Medical Equipments

- Qingdao Better Biotechnology Co. Ltd.

The largest marine biological and biopharmaceutical production base

in Asia.

Products: collagen, glucosamine, chondroitin sulfate, etc.

- Qingdao Bright Moon Seaweed Group Co., Ltd.

The world’s largest Alginate manufacturer, and the pioneer in

seaweed processing.

Products: seaweed based chemicals, pharmaceuticals, health foods

and fertilizers, etc.

- WEGO

The world’s largest integrated health product provider

Products: medical instruments & pharmaceuticals; 12,000

employees, RMB 6.6 Billion sales

Opportunity to develop connections with pharmaceutical companies

such as TEVA

10 Sectors of Opportunities Identified cont’d

2. Animation:

- Qingdao International Animation and Game

Industrial Park (Q-Park)

MQTV (Qingdao Guangdian Wireless Media Co.,

Ltd.

Seeking technology transfer and products

Have linked with Centennial College and

Seneca

3. Aluminum Packaging:

- Zibo Denuo Aluminum Corporation

Products: aluminum foil including household foil,

pharmacy foil, and food soft packing foil etc.

20% of the world market

Opportunity to develop business relations

with ALCAN


4. Tire Recycling/Production:

- Shandong Fuyu Bluestone Tire Co., Ltd.

selling 10 million sets of tires a year, targeting to produce 15

million sets of high performance radial tires and 25 million sets of

recycled tires in 3-5 years.

Linking with the Miller Group.

5. Plastics:

- Dongda Polyurethane Co. Ltd.

Products: Blend Polyol, Pre-polymer, paving materials,

and water-borne polyurethane.

Widely used in solar energy, heat preservation, construction,

electrical and automobile industries.

Award-winning professional supplier

Opportunity to create partnership with Royal Plastics


6. Hi-tech:

- Lily Software (Shandong) Co., Ltd. Provides IT outsourcing services

Recently registered office in Markham: “iTopSpeed

Information Services Inc."

7. Electronic Device:

- Changzheng Education

A light pen that provides instant language translation

Opportunities for Canadian ESL students/teachers

Local J. Addison School expressed interests in the product.


8. Green Technology:

- Zibo Guoli New Energy Co. Ltd.

Battery for buses

Linked with YRT and the Miller Group

9. Industrial and Economic Development Zones:

- Qingdao National High-tech Industrial Development Zone:

Bombardier currently located inside the Park

Attractive to hi-tech companies

- Yantai International Economic & Technical

Cooperation Co., Ltd.

Possible connection with York Technology Alliance


10. Other:

Beddings/Embroideries:

- Qingdao Baoli Embroidery Co., Ltd.

joint venture with USD 3,500,000 registered capital.

equipped with advanced professional embroidery machines, the

company produces table cloths, curtains and beddings etc.

Investigating to set up a subsidiary in Markham

Organic Food:

- Korea Importer Association

Exploring trade opportunities with local agricultural

communities

Summary

Potential prospects and business needs identified.

- Continue communication with Lily Software which

established office in Markham

- Economic Development to develop follow up mailing to

businesses visited.

Summary cont’d

Opportunities of co-operation and bi-lateral

trade

Identify strengths of respective cities and

provide recommendations for Markham’s 2012

China Trade Mission

- Qingdao, Zibo, Yantai

Summary cont’d

Proposed Trade Centre:

- focus on business opportunities

- include rooms for display of goods and meeting facilities

- Letter of Intent signed

- Interests from: Jason Kenney, Minister of Citizenship and

Immigration; Ed Fast, Minister of International Trade

Questions?

trade visits to shandong province, china and seoul, korea march … · 2012-05-01 · city profile...

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