Exchanges in international energy, shipping, commodities and carbon trading will be established in Hainan. The island will also focus on developing modern service industries such as tourism, the Internet, healthcare, finance and hosting conferences and exhibitions.
The Belt and Road Initiative, which includes the Silk Road Economic Belt and the 21st Century Maritime Silk Road, aims to build trade and infrastructure networks linking Asia to Europe and Africa along the trade routes of the ancient Silk Road.
But with the US market dropping, Canada needs to strategically tap into Asia and China, where the growth will be.
He added that both the king and the crown prince are keen to continue their fight against corruption, and "eradicate it from its roots with utmost force and transparency."
"In today's geopolitical climate, with the centre of global economic gravity clearly shifting to Asia, we are positioned to make substantial contributions to Canada-Asia business relations," said Beck, adding that ABLAC members convened the forum to catalyze dialogue and action between the two sides.
Significant results have been achieved in maintaining social stability in Xinjiang, which has always been the front line of China's battle against terrorism, Chen said earlier in the annual NPC session.