On September 8, 2023, Wuxi Urban Construction Development Group and Canada Wood Group formally renewed a strategic cooperation memorandum in Vancouver. Witnessed by Mr. Fei Shaoyun, Party Secretary of Jiangsu Provincial Ministry of Housing and Urban-Rural Development, Mr. Tang Jinsong, Chairman of the Board of Directors of Wuxi Urban Development Group, and Mr. Bruce St. John, President of Canada Wood Group, signed the memorandum.This memorandum unites the two organizations with a shared focus on technological innovation and dual-carbon development, strategically aligned with China’s “dual-carbon” objectives. The collaboration’s core involves joint research and development efforts centered around localized standard systems and processes in the realm of prefabricated building technology, specifically emphasizing green building and wood structural products. The aim is to propel the growth and environmentally conscious transformation of modern wood structure construction, encompassing residential, commercial, and office sectors.