China is one of the world's largest economies and a top export destination for Canada. With its large domestic market and a more integrated supply chain globally nowadays, China continues to attract strong interest from foreign investors. As 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. China is investing heavily in AI, automation and advanced manufacturing as its industries move up the value chain. This presents new opportunities for Canadian businesses. 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 current business environment. Canadian companies planning to travel to the market are strongly advised to check the latest travel advisory for China provided by Global Affairs Canada. EDC serves Canadian companies in China through our local representation in Beijing and Shanghai.