Sep 15th, 2019. During 2019 mid-autumn festival weekend. Dr. Tang, Chairman of Canada-China Sci-Tech Alliance; and Dr. Chai, Chairman of SOTTI International Inc. host the conference about the business opportunities from “Guangdong-Hong Kong-Macao Greater Bay Area+Ontario Golden Horseshoe”. SOTTI Lester joined and supported the event as well.
The Guangdong-Hong Kong-Macau Greater Bay Area (GD-HK-MO, simplified Chinese: 粤港澳大湾区; traditional Chinese: 粵港澳大灣區) or simply Greater Bay Area (GBA), is a megalopolis, also known as the Pearl River Delta, consisting of 9 cities and 2 special administrative regions in south China. On 7 December 2016, the concept of the area was mentioned in the English version of the 13th Five-Year Plan for Economic and Social Development of the People’s Republic of China. On 13 April 2017, the heading of a piece of news released at the English.gov.cn website of the State Council adopted the name “Guangdong-Hong Kong-Macao Bay Area”. After a few months, on 1 July 2017, the “Framework Agreement on Deepening Guangdong – Hong Kong – Macao Cooperation in the Development of the Bay Area” (深化粵港澳合作 推進大灣區建設框架協議) was signed in Hong Kong.
The GBA consists of Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, and whole of Huizhou and Zhaoqing, as well as Hong Kong and Macau.
The Golden Horseshoe is a secondary region of Southern Ontario, Canada which lies at the western end of Lake Ontario, with outer boundaries stretching south to Lake Erie and north to Lake Scugog. It includes the Greater Toronto Area. The region is the most densely populated and industrialized in Canada.
With a population of 7,826,367 people in its core and 9,245,438 in its greater area, the Golden Horseshoe accounts for over 21 per cent of the population of Canada and more than 55 per cent of Ontario’s population. It is part of the Quebec City–Windsor Corridor and the Great Lakes Megalopolis.
The core of the Golden Horseshoe starts from Niagara Falls at the eastern end of the Niagara Peninsula and extends west, wrapping around the western end of Lake Ontario at Hamilton and then turning northeast to Toronto (on the northwestern shore of Lake Ontario).
Niagara’s designation as a Canadian Foreign Trade Zone Point offers businesses the opportunity to work with a dedicated team of public and private sector experts to access information, programs and incentives that have been specifically developed to help companies initiate and improve their international trade efforts. By working with the Niagara Foreign Trade Zone, companies and suppliers that are involved in the production of products for final export to other countries can find and apply for tax, duty and tariff exemptions that can significantly improve their bottom line.
Thanks to its proximity to the US border and robust road, rail, air and port infrastructure, Niagara is a vital link for trade between Canada and the United States.
The Niagara Foreign Trade Zone helps companies access the federal, provincial and regional programs that support Canada’s export development efforts. The Niagara Foreign Trade Zone’s “one-window” approach means that it’s never been easier or more efficient for businesses to navigate their way through the diverse range of supports.
The Niagara Foreign Trade Zone (NFTZ), with Niagara’s Economic Development Department and the Niagara Development Corridor Partnership Inc. (NDCPi), is hosting a series of upcoming Exporting Seminars.
The seminars will help connect exporters & manufacturers with relevant federal and provincial programs (e.g. tax and tariff export-related programs), as well as assist in market development, generating leads, risk mitigation, financing and more.