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China, Canada Seek New Economic Growth Drivers in Key Sectors

Chinese Premier Li Qiang emphasized Beijing's commitment to strengthening economic collaboration with Canada during talks with Prime Minister Mark Carney in Beijing on Thursday. The leaders explored partnerships in six priority sectors: clean energy, digital technology, modern agriculture, aerospace, advanced manufacturing, and financial services.

"Our complementary strengths create fertile ground for innovation," Premier Li stated, highlighting Canada's technological expertise and China's manufacturing capabilities. The dialogue comes as bilateral trade between the two nations reached $128 billion USD in 2025, with 2026 projections showing particular growth potential in renewable energy infrastructure.

Prime Minister Carney acknowledged the opportunities, noting: "Collaboration in carbon capture technologies could benefit both our climate goals and economic agendas." The discussions align with recent APEC commitments to sustainable development, with both leaders emphasizing private-sector involvement in upcoming projects.

Analysts suggest this renewed focus on economic diplomacy could help stabilize relations following recent trade disputes. The proposed cooperation framework includes joint research initiatives and streamlined investment processes for cross-border ventures.

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