BCCSC and Canadian Delegation signing
Education Contracts

A 600-strong business delegation led by Canadian Prime Minister Jean Chretien had signed deals worth $5.3 billion dollars. The deals included 65 contracts, 64 memorandum of understanding, 36 letters of intent and 32 other agreements. Many of the deals were in the education sector, and there were 7 conctracts signed with Beijing Concord College of Sino-Canada. The deals "reaffirmed the strength of Canada's commitment to the vibrant and dynamic Chinese market" and proved that Canadian firms explored "tremendous opportunities" in China, the Prime Minister said. "China is an important and growing global economic player and a market of enormous importance and potential."