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Market Information: China

Profile

Capital:        
Beijing

Population:    
1.4 billion

Language(s):    
Mandarin Chinese, Cantonese, other

Government:    
One Party Socialist Republic

Head of State:
President Xi Jinping

Head of Government:
Premier Li Keqiang

Currency:  Chinese Renminbi (CNY)
CDN$1 = 5.12 CNY (April 2015)

GDP: (billion)
$11,464.78 (2014)

GDP per capita:
$8,381.79 (2014)

GDP growth rate:
7.36% (2014)

Unemployment:
4.09% (2014)

Inflation:
1.99% (2014)

Market opportunities

  • Aerospace
  • Agricultural Machinery
  • Agriculture, Food and Beverages
  • Automotive
  • Clean Technologies
  • Education
  • Information and Communication Technology (ICT)
  • Infrastructure, Building Products and Related Services
  • Life Sciences
  • Transportation

Trade and investment

  • Manitoba-China two-way trade was more than $2.0 billion in 2014.
  • In 2014, China was the 2nd largest destination for Manitoba’s domestic exports.
  • In 2014, Manitoba exports to China exceeded $1.0 billion. Main export products included:  unwrought nickel, rape or colza seeds, soya beans, pork (fresh/chilled/frozen) and copper ores and concentrates.
  • Manitoba imported $999.8 million worth of goods from China in 2014. Top imported products included:  magnetic/optical readers, organo/inorganic compounds, telephone equipment and motor vehicle parts.
  • Manitoba accounted for approximately 5.3% of Canada’s exports to China in 2014.