China is one of the world’s largest economies and a top export destination for Canada. With its huge domestic market and globally integrated supply chains, China continues to attract interest from foreign investors. The country is changing from an export-dependent economy to one driven by domestic consumption and the service sector.

Government policies heavily promote the adoption of artificial intelligence (AI), automation and advanced manufacturing as its industries move up the value chain. While this presents new opportunities for Canadian businesses, there are export controls in place. Partnering with local companies is key for success. It’s important that Canadian exporters and investors conduct the necessary due diligence.