China

China offers immediate economic opportunities for British Columbia companies. As of 2017, China remains the world’s second largest economy after the United States and is among the fastest growing economies globally.
China is our second-largest trading partner, and accounts for 15.2 percent of British Columbia’s commodity exports – a total value of approximately $6.7 billion. This figure is growing fast, with exports increasing by an average of almost 16 percent annually from 2008-2017.

British Columbia companies have significant potential to increase trade with China, taking advantage of its high demand for natural resources and rapid growth in knowledge-based industries such as ICT and clean tech, international education, transportation and infrastructure and agrifoods.
 

Key Sector Opportunities for Exporters

Forestry

As one of the world's top consumers, producers and importers of wood products, China holds tremendous potential for British Columbia suppliers of forestry-related goods and services. British Columbia has emerged as a leading supplier of softwood lumber to China with 16% of total softwood lumber exports representing approximately $1.4 billion in 2017. British Columbia's forest products companies are well-positioned to continue supplying China's demand for wood products for use in construction and remanufacturing applications.

Learn more about export opportunities for our forestry sector
 

Mining

China consumes a large amount of mineral resources due to its expanding economy and global prominence as a manufacturing centre. An internationally recognized centre of expertise in mining and related fields, British Columbia offers outstanding expertise in exploration, development and production. In addition, development of our own substantial mineral reserves can help China meet its needs. Metallurgical coal, copper, nickel, gold and other minerals represented over $1.7 billion in exports to China in 2017.

Learn more about export opportunities for our mining sector
 

International Education

China has an innovative plan for education that places great emphasis on student exchanges and collaboration. British Columbia provides our curriculum to schools in China that are certified by our province in addition to hosting over 51,000 Chinese students studying here in B.C.

Learn more about export opportunities for our international education sector
 

Technology

The technology sector in China provides good commercial opportunities for British Columbia companies – especially in areas such as information communication technology, clean technology, aerospace and film, television and digital media.

Learn more about export opportunities for our technology sector
 

Agrifoods

China is the world’s third largest agrifood importer. In 2017, B.C.’s agrifood exports to China were valued at $421 million. Agrifood producers and exporters can build on British Columbia’s strong reputation for safe and high-quality seafood and agrifood products to appeal to rapidly expanding demand in China.

Learn more about export opportunities for our agrifoods sector
 

Liquefied Natural Gas (LNG)

China is the world’s fastest-growing importer of LNG and is expected to become the largest market for LNG by 2019. With over 576 trillion cubic feet in recoverable deposits, British Columbia can supply this resource and provide expertise as international experts in the service and operation of LNG facilities.

Learn more about export opportunities for our LNG sector
 

Transportation

China’s expanding economy means increased demand for transportation-related products and services. British Columbia businesses can build on our demonstrated strength in aerospace manufacturing and maintenance to help meet this need.

Learn more about export opportunities for our transportation sector