What goods does canada export to china,china and canada trade relations,canada and china trade agreement...
British Columbia companies have significant potential to increase trade with China, taking advantage of its high demand for natural resources and rapid growth in knowledge-based industries, international education, transportation and infrastructure and agrifoods.
KEY SECTOR OPPORTUNITIES FOR EXPORTERS
As one of the world’s top consumers, producers and importers of wood products, China holds tremendous potential for British Columbia suppliers of forestry-related goods and services. British Columbia has emerged as a leading supplier of softwood lumber to China with 43 per cent of total softwood lumber imports representing over $1.4 billion in 2014. British Columbia’s forest products companies are well-positioned to continue supplying China’s demand for wood products for use in construction and remanufacturing applications..
China consumes a large amount of mineral resources due to its expanding economy and global prominence as a manufacturing centre. An internationally recognized centre of expertise in mining and related fields, British Columbia offers outstanding expertise in exploration, development and production. In addition, development of our own substantial mineral reserves can help China meet its needs for metallurgical coal, copper, nickel, gold and other minerals.
China has an innovative plan for education that places great emphasis on student exchanges and collaboration. British Columbia provides our curriculum at schools in China that are certified by our province and welcomes growing numbers of Chinese students to study here.
The high-technology sector in China provides good commercial opportunities for British Columbia companies – especially in areas such as information communication technology, clean technology, aerospace and film, television and digital media.
Over the next two decades, China is expected to become the world’s largest importer of agricultural and food products. Agrifood producers and exporters can build on British Columbia’s strong reputation for safe and high-quality seafood and agrifood products to appeal to rapidly expanding demand in China.
6-Liquefied Natural Gas (LNG)
China is the world’s fastest-growing importer of LNG and is expected to become the second-largest market for LNG by the end of this decade. British Columbia can help supply this resource and provide expertise as international experts in the service and operation of LNG facilities.
China’s expanding economy is increasing that country’s need to purchase transportation-related products and services. British Columbia businesses can build on our demonstrated strength in aerospace manufacturing and maintenance to help meet this need.