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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 GDP10,950 Billion USD
Population1,361 Million
Total Trade/GDP41.90%
CurrencyYuan (Renminbi, CNY)
Merchandise Imports from Canada20,222.47 Million CAD
Canadian direct investment12,410 Million CAD
Main importsElectrical Machinery, Petrol Products, Base Metals, Industrial Supplies

EDC in China

Canadian companies assisted470
International buyers insured1,069
Business volume4,022.83 Million CAD

Business Environment

China is one of the world's largest economies and a top export destination for Canada. With its large domestic market and globally integrated supply chains, China continues to attract strong interest from foreign investors. As its wages and middle class grow, the government is taking steps towards developing a more service-oriented economy that is less susceptible to shocks in global demand. The country's 'One Belt One Road' initiative plans to boost services along with research and development which will present new opportunities for investment even as its traditional sectors moderate. While China presents many opportunities in a number of sectors, it is important that Canadian exporters and investors conduct the necessary due diligence prior to entering the market in order to effectively navigate the  legal, regulatory and bureaucratic obstacles that are present in the business environment.

Key Industries

  • Aerospace
  • Automotive & Heavy Truck
  • Environmental Infrastructure & Waste Water
  • Medical Technology & Devices
  • 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.

Consult our interactive Country Risk Quarterly report.


EDC Representatives

Related Information

Knowledge Centre

The Renminbi Hub

The Renminbi Hub

Making exports to China easy and efficient.

Learn more