Minister Fast Announces Four New Trade Offices in China
Expanding footprint in China will help Canadian small and medium-sized businesses boost their exports and create jobs and opportunities at home, says Minister Fast
May 19, 2014 - Shanghai, China - Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, today announced that Canada will open four new trade offices in China, providing on-the-ground support and increased assistance for Canadian businesses as they explore new opportunities with Canada’s second-largest trading partner.
Under Canada’s Global Markets Action Plan, Canada is aligning resources to priority markets via redeployments and strengthening the Trade Commissioner Service network. The opening of new trade offices will complement the existing network, bringing it to a total of 15 points of service and 100 trade commissioners in China.
To support Canadian businesses domestically, Minister Fast announced last week that 25 trade commissioners will be embedded in business associations across Canada to gain better insight into export sector needs and coordinate Government of Canada trade promotion services and activities.
The four new offices are expected to open in fall 2014 and will be located in:
- eastern and Central China, where there are opportunities in high-value sectors such as medicine, information technology and food processing;
- northeast China, where there are opportunities in high-value sectors such as agriculture, biotechnology and automotive;
- southern China, where opportunities exist in high-value sectors such as information technology, electronics, chemical processing and green technology; and
- western China, which presents opportunities in high-value sectors such as information technology, telecommunications, aerospace and pharmaceuticals.
Minister Fast is currently leading a Canadian delegation of SMEs during his fifth trade mission to China, travelling to Shanghai, Nanjing, Guangzhou, Shenzhen and Hong Kong from May 18 to 24, 2014 to boost Canada’s exports in the Asia-Pacific region.
- Canada currently has trade commissioners located in the Embassy of Canada to China in Beijing, the consulates general in Chongqing, Guangzhou, Hong Kong and Shanghai, as well as six trade offices, in Chengdu, Nanjing, Qingdao, Shenyang, Shenzhen and Wuhan, which Canada has established since 2009.
- China is Canada’s second-largest export market. In 2013, exports were valued at over $20.5 billion, an increase of 5.8 percent over 2012 and of 83.7 percent over five years.
“Providing the tools and the support needed for our Canadian workers and businesses to succeed in global markets is our priority. When our SMEs export and win contracts around the world, they create jobs and opportunities at home.”
- Ed Fast, Minister of International Trade
Office of the Honourable Ed Fast
Minister of International Trade
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