China - Export Development Canada (EDC)
  • 1-800-229-0575
  • Contact Us
  • Careers
  • Français
  • LoginLogin
Home > Home > Country Info > China

China

EDC Position-open all programs

EDC's Position

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

Submit an online inquiry form

Country At A Glance

Flag of China
Map of China

Country Facts

Nominal GDP11,372 Billion USD
Population1,366 Million
Total Trade/GDP39.35%
CurrencyYuan (Renminbi, CNY)
Merchandise Imports from Canada20,972.38 Million CAD
Canadian direct investment13,257 Million CAD
Main importsElectrical Machinery, Petrol Products, Metalliferous ores and scrap, Professional Instruments

EDC in China

Canadian companies assisted464
International buyers insured2,032
Business volume3,712.54 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 production cost continues to rise, the government is taking steps towards developing a more service-oriented and domestic consumption driven economy that is less susceptible to shocks in global demand. The country's 'One Belt One Road' initiative strives to enhance infrastructure connectivity between China and its trading partner. This will present new opportunities for Canadian companies and partnering with local companies is a key ingredient for success. 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
  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Food & Beverage
  • Oil and Gas

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