Hey everyone! 🚀 Earlier this week (Jan 16), Canadian Prime Minister Mark Carney touched down in Beijing, kicking off a fresh chapter in China-Canada economic and trade cooperation.
Building a New Strategic Partnership
During the talks, both sides agreed to advance a brand-new strategic partnership—a framework loaded with landmark outcomes to boost bilateral ties. At its core: targeted collaboration, smarter institutions, and win-win growth in today’s shifting global economy. 🌏✨
Roadmap to Next-Level Cooperation
A highlight of the visit was signing a comprehensive economic and trade cooperation roadmap—think of it as an actionable blueprint across eight key sectors:
- Joint Economic and Trade Commission operations 🤝
- Food security 🍲
- Green trade & sustainability 🌱
- E-commerce & digital links 💻
- People-to-people exchanges ✈️
- Plus more areas blending traditional strengths with emerging industries
Tackling Trade Frictions
Leaders also made real progress on longstanding disputes over EVs, steel, aluminum, rapeseed, and agri-aquatic products:
- Canada announced an annual quota of 49,000 Chinese EVs at a most-favored-nation tariff of 6.1%, scrapping the 100% surtax from 2024 🚗⚡️
- Both sides will keep friendly consultations to deepen EV collaboration
Leveled-Up Dialogue
To keep the momentum, the China-Canada Joint Economic and Trade Commission is being upgraded from vice-ministerial to ministerial-level. That means more regular, high-level talks—from intellectual property to trade remedies—and a clear channel for resolving issues.
What’s Next?
With 28 concrete cooperation measures on the table, China and Canada aren’t just talking—they’re planning real action. As partners, they’ll:
- Expand trade & investment
- Resolve disputes smoothly
- Boost stable, sustainable growth 🚀
Against global economic headwinds, both sides reaffirmed support for multilateralism, a rules-based WTO system, and stable supply chains. The upgraded commission will be key to making sure this new era of cooperation stays on track.
Whether you’re a startup hustler in Bangalore, a green-tech innovator in Jakarta, or a business student in Manila, this roadmap could spark the next big opportunity for you! 💡
Reference(s):
cgtn.com
