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China

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of China
Map of China

Country Facts

Nominal GDP9,286 Billion USD
Population1,350 Million
Total Trade/GDP48.22%
CurrencyYuan (Renminbi, CNY)
Merchandise Imports from Canada20,551.36 Million CAD
Canadian direct investment4,917 Million CAD
Main importsElectrical Machinery, Petrol Products, Base Metals, Industrial Supplies

EDC in China

Canadian companies assisted437
International buyers insured1,359
Business volume6,669.75 Million CAD

Business Environment

China consistently ranks as one of Canada’s top five export destinations. The country’s strong economic growth offers a multitude of trade and investment opportunities for Canadian exporters in the market. China’s diverse markets and fast pace growth make it an important manufacturing centre for integrating into global supply chains as well as for selling goods and services to the country’s expanding consumer base.

Key Industries

  • Aerospace
  • Automotive & Heavy Truck
  • Environmental Infrastructure & Waste Water
  • Medical Technology & Devices
  • Oil and Gas
  • Transportation Services

How we can support your business

Through our representations in Shanghai and Beijing, we provide on-the-ground support to Canadian companies planning on or currently doing business in China. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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