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Canada-China bilateral trade (April 2026)
$10.4B
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Imports
$6.8B
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Exports
$3.7B
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📋 Today's Briefing
China's Premier Li Qiang has taken center stage at the 17th Summer Davos in Dalian, addressing the opening plenary and receiving a warm reception from global participants. This event, themed "Innovating at Scale," underscores China's commitment to innovation and its prospects for "China Opportunity 2.0." The Premier's address comes at a time when China is actively strengthening its industrial and supply chains, as evidenced by the Ministry of Commerce's new measures for supply chain security investigations. In addition to these economic developments, China is also making strides in infrastructure with its "Six Networks" strategy, which aims to build a solid foundation for high-quality development. This strategy includes water grids, new power grids, computing power grids, and more. The bottom line: Premier Li's address at Summer Davos highlights China's focus on innovation and its potential global impact. Meanwhile, the country's efforts to secure its industrial and supply chains, coupled with its ambitious infrastructure plans, indicate a proactive approach to economic development. Keep an eye on these initiatives as they may shape China's economic trajectory and its relations with global partners. China Compass tracks daily Canada-China signals. Visit www.chinacompass.ca for more.
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🔔 Top Signals
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🏛️ political
Regular Press Conference of Foreign Ministry Spokesperson Guo Jiakun on June 24, 2026
Why it matters
CCTV: The 17th Summer Davos, themed "Innovating at Scale," is taking place in Dalian.
→ Parties praised China's innovation achievements and the prospects of "China Opportunity 2.0" and expressed their willingness to enhance innovation cooperation with China.
MFA China · 2026-06-24
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📈 economic
The Ministry of Commerce issued and implemented the Measures for the Investigation of Industrial Chain and Supply Chain Security
Why it matters
The Ministry of Commerce has issued the Implementation Rules for Supply Chain Security Investigation Work, aimed at implementing relevant State Council regulations and conducting safety investigations to maintain the stability and security of domestic and international industrial and supply chains.
→ The rules consist of twenty-two articles, clarifying the investigation targets, content, procedures, and handling measures, with a strong emphasis on law-based work to safeguard corporate rights and ensure the smooth operation of global supply chains.
Xinhua · 2026-06-25
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📈 economic
"The Six Networks" Strengthen the Foundation of China's Approach to Modernization Strategy
Why it matters
Opening words: big country infrastructure, build a solid cornerstone of high-quality development.
→ General Secretary Xi Jinping emphasized that optimizing the layout, structure, function and development mode of infrastructure, building a modern infrastructure system, and laying a solid foundation for the comprehensive construction of a socialist modern country....
Xinhua · 2026-06-25
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📦 trade
China and the U.S. to Discuss Reciprocal Tariff Cuts Under Trade Council: Commerce Ministry
Why it matters
BEIJING, June 25 (Xinhua) -- China and the United States have agreed to establish a trade council under which the economic and trade teams of the two sides will discuss cooperation, including reciprocal tariff reductions, said China's commerce ministry on Thursday.
→ At a regular media conference, He Yadong, spokesperson for the Ministry of Commerce, said that the two economic and trade teams will conduct further consultations on the matter.
Xinhua
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⚖️ legal
Canada calls for 'discipline' with China as it beefs up Japan defense ties
Why it matters
Canada's defense minister urged a "disciplined" approach with China during a visit to Japan, while highlighting the detention of Japanese nationals by China.
→ Both countries are enhancing military cooperation, particularly with Japan bolstering its defenses amid tensions with China.
Nikkei Asia
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📊 Market Snapshot
▲ Top Gainers
| WuXi Biologics |
HK$33.10 |
▲ +2.03% |
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| ANTA Sports |
HK$68.90 |
▲ +1.47% |
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▼ Top Losers
| XPeng Inc |
HK$47.90 |
▼ -2.52% |
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💱 Currency Rates
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