Canada Wood China inks MOU with China Railway Real Estate Group
Canada Wood China (CW China) signed a Memorandum of Understanding (MOU) with China Railway Real Estate Group on June 20 in Beijing.
The two sides agreed to develop a long term strategic partnership, which will focus on development of wood construction in Xiong’an, a new economic zone founded in April 2017. China wants Xiong’an to be a low-carbon, smart, livable and globally influential city.
The MOU sets the goal and principle for the cooperation between the two parties and allows CW China to introduce wood construction into the development of Xiong’an through an extensive range of activities including researches, technical transfer and promotion programs, etc.
Canada Wood China is dedicated to promoting the use of legal timbers and wood trade between the two countries, as well as consolidating Canada’s position as the world’s largest wood products exporter and a world leader in modern wood structure technology.
China Railway Real Estate Group was founded in 2007 with a registered capital of 6.5 billion yuan. It is a wholly owned subsidiary of China Railway Group Limited and its only company involved in the real estate sector.
The group develops real estate projects and offers a range of property services.