贸易政

POLICY PERSPECTIVES ON
CANADIAN TRADE WITH CHINA

策
25 September 2023
 MAIN
THEMES

Overall Context Of Market Regulations And Implications for

Canadian Exports To China Policy Environment businesses
Canadian Exports to
China
Canadian Exports To China

• Canadian exports to China keep growing

• 2022 is the best year on record followed by 2021 and 2019*

• Value over $36 bln

(source: China Customs, CAD).

Canadian Exports To China

Natural resources and food continue to dominate Canadian exports

70% $7.0bln $1.6bln $455mln

Food commodities Fish and seafood Meat and meat

Top 20 products (HS6)
(grains, oilseeds, pulses) products products
Canadian Exports To China

Pet food: $160mln

Over $270mln in beauty products

Another $173mln in prepared foods

Market Regulations And
Policy Environment
Market Regulations And Policy Environment

Economic growth and China’s size makes modest

development drive the growth in percentages look huge in absolute
consumer affluence numbers
Market Regulations And Policy Environment

Significant opportunities for

high quality, premium products As fragmented is the market, so is the regulation
Market Regulations And Policy Environment

Geopolitics lead to brand Dual circulation, import Cross-border e-commerce vs on-

nationalism substitution policies shore sales: regulations light vs scale
Market Regulations And Policy Environment

 Implementation Of Foreign Investment Law And Phase I Agreement

 Competition Policy Change And Practice

 Compliance Obligations
Market Regulations And Policy Environment

Strengthening
Market Regulation
Implications for businesses
Implications for businesses

Fully costing out your market development in China is key.

Even for SMEs, especially for SMEs!

Compliance (in-house vs outsourced)

IP strategy: more is better than less, sooner is better than later

Market access: role of industry associations in Canada

 QUESTIONS? COMMENTS?

The views expressed in this presentation may or may not reflect

those of the Government of Canada and are not for public attribution.