China and Canada have taken significant steps to strengthen bilateral relations, with both nations signing multiple cooperation agreements during Canadian Prime Minister Mark Carney's visit to Beijing this week. The agreements span trade, energy, culture, and public security, reflecting a shared commitment to mutual development.
On Friday, Chinese President Xi Jinping emphasized the importance of building a new strategic partnership during his meeting with Carney. "Healthy and stable China-Canada relations serve our peoples' interests and contribute to global prosperity," Xi stated, highlighting progress made since bilateral engagements resumed in late 2025.
Economic Synergy Drives Collaboration
The two countries' economic complementarity continues to fuel cooperation. As China's second-largest trading partner, Canada exported $62 billion worth of energy products and agricultural goods to the Chinese mainland in 2025. Meanwhile, Chinese exports of machinery and electronics remain vital to Canadian manufacturing sectors.
Key areas for future collaboration include:
Clean energy technology development
Biomanufacturing innovation
Smart agriculture solutions
Institutional Framework Strengthened
Both nations agreed to revive the China-Canada Joint Economic and Trade Commission during their leaders' October 2025 meeting at the APEC Leaders' Meeting in the Republic of Korea. This mechanism will address trade concerns while promoting cross-border investment opportunities.
Premier Li Qiang noted: "Our renewed cooperation framework demonstrates how major economies can collaborate on global challenges like climate action and food security."
With 125 Canadian companies participating in last year's China International Import Expo – a record attendance – business ties continue to deepen. Analysts predict bilateral trade could grow 8-10% annually through 2027, driven by green technology partnerships.
