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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 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 the world's fastest growing economy and is one of Canada's top three export destinations. The country’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. Canada and China have a long-standing and healthy bilateral relationship and are committed to increasing two-way trade in goods and services and investment.

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