Economic cooperation and trade is the driving force of China-Canada relations. Currently, China-Canada trade only accounts for 1.4% of China’s total foreign trade and 8.1% of that of Canada. Canadian investment in China takes up less than 1% of all foreign investment in China, and Chinese investment in Canada is a mere 2.7% of total foreign investment in Canada. This spells out a tremendous potential to develop our trade and economic cooperation.
经贸合作是中加友好合作的动力。目前,中加贸易规模仅占中国外贸总额的1.4%、加拿大外贸总额的8.1%,加拿大对华投资占中国吸收外资总额的比重不到1%,中国对加投资占加拿大吸收外资总额的比重也只有2.7%,双方经贸合作潜力巨大。
China is willing to open its markets wider and further increase imports of high-quality agricultural and hi-tech products from Canada. We hope the feasibility study on a China-Canada free trade area can be launched expeditiously to lay the institutional foundation for liberalized trade between the two countries. We welcome Canadian companies to make investments and do business in China to share the opportunities that come with China’s economic growth. We encourage competent Chinese companies to invest in Canada to help drive the local economy and create more jobs. It is hoped that the Canadian side will view economic relations and trade with China in an objective and rational way and work to nurture a sound policy environment and favorable public opinion for such cooperation.
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2020-09-15
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