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China and Canada's economic and trade cooperation potential to be excavated

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-03-21
Trade relations play an important role in the relations between China and Canada. In the 1960s, Canada broke the trade blockade of China by Western countries, took the lead in exporting wheat to China, opened the door to Sino-Canadian relations. Today, China and Canada have once again heated their economy. At the China-Canada Economic and Trade Roundtable, which was jointly organized by China and the Globalization Think Tank (CCG) and the Canadian International Governance Innovation Center (CIGI), officials and scholars on bilateral cooperation opportunities, Sino-Canadian trade trends, and more Concerned about the issues such as TPP and the China-Canada FTA. Participants have affirmed the long-standing good political and economic relations between China and Canada, and have put forward feasible suggestions for the future economic and trade cooperation between the two countries.

As of the end of 2016, China-Canada bilateral trade volume jumped from the $ 156 million in the early days of the establishment of diplomatic relations to nearly $ 45.6 billion, an increase of nearly 300 times. But in fact, China-Canada trade accounted for only about 1.1% of China's total foreign trade, accounting for about 7.2% of total foreign trade, which is the world's second largest economy and the world's largest trading nation, Canada is the major Western economies The status of the two countries compared to a slight discrepancy.

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