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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 chaired a State Council executive meeting, signaling a focus on AI development and foreign trade. This move comes as China aims to build itself into a trading powerhouse. The meeting's agenda underscores the country's strategic vision, highlighting the importance of AI and foreign trade in its economic and geopolitical aspirations. In other news, Nvidia's CEO Jensen Huang's recent attempt to sell H200 chips in Beijing was unsuccessful. This development underscores the ongoing tensions between China and the US, particularly in the tech sector. Additionally, a Xinhua article published on the 105th anniversary of the Communist Party of China's founding emphasizes Xi Jinping's party-building ideology, guiding the party and the country's strengthening. The bottom line: China's leadership is actively shaping the country's future, with a focus on AI, trade, and political ideology. These signals indicate a continued emphasis on economic and political power projection, which may impact Canada-China relations. China Compass tracks these signals daily to provide insights into Canada-China relations. Visit www.chinacompass.ca for more.
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🔔 Top Signals
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🛡️ military
The Chinese premier chairs a State Council executive meeting
Why it matters
BEIJING, June 29 (Xinhua) -- Chinese Premier Li Qiang chaired a State Council executive meeting on Monday, which heard a briefing on the development of artificial intelligence (AI), studied the current foreign trade situation, and discussed work related to building China into a trading powerhouse.
→ The meeting also reviewed and approved an action plan on carbon peaking and a national health plan, both for the 15th Five-Year Plan period (2026-2030).
Xinhua · 2026-06-29
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📦 trade
Nvidia flew to Beijing with Trump to sell but China said no
Why it matters
A month ago, the CEO of the world’s most valuable companyboarded Air Force One in Alaska as a last-minute additionto President Trump’s Beijing delegation.
→ China recently reached parity with the EU in pharma, and on AI, the performance gap between the best American and Chinese AI models hascollapsed to 2.7%.
Asia Times
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🏛️ political
Central Political Theory Article: Xi's Party Building Thought Guiding the New Journey of Strengthening the Party and the Country
Why it matters
Xinhua News Agency, Beijing, June 29 (Xinhua News Agency): Xi Jinping's Party Building Thought Leads a New Journey of Strengthening the Party and Strengthening the Country - Writing on the 105th Anniversary of the Founding of the Communist Party of China Xinhua News Agency Political Theory "Why the Communist Party of China Can, Why Socialism with Chinese Characteristics is Good, In the End, It is a Marxist Act, It is a Marxist Act of Sinicization Times.
→ Xinhua News Agency reporter Li Shu...
Xinhua · 2026-06-30
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👥 social
Notification on Issuing the Education Development "15th Five-Year Plan"
Why it matters
General Requirements: Adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly implement the spirit of the Party's Twentieth National Congress and the Twentieth Plenary Session, conscientiously implement the Fourth Plenary Session, fully implement the important discourse of General Secretary Xi Jinping on education, adhere to the Party's overall leadership of the cause of education, adhere to the priority development of education, fully implement the Party's educational policy, firmly grasp the political attributes, people's attributes, and strategic attributes of education, focus on the construction of a high-quality education system, consolidate the foundation, comprehensively exert efforts, strive to promote equity, optimize the structure, and improve the quality, promote the development of educational and scientific talents, train socialist builders and successors for the all-round development of moral, intellectual, physical and aesthetic workers, promote the construction of an education powerhouse to a new level, and better support and serve Chinese-style modernization....
→ On June 22, 2026 (this article has been deleted), the State Council formulated the 15th Five-Year Plan for Education Development in accordance with the Outline of the 15th Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of the Plan for the Construction of an Educational Powerhouse (2024-2035) in order to accelerate the construction of an educational powerhouse.
State Council · 2026-06-30
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🏛️ political
Adhering to the Political Responsibility of Governing the Party - In-depth Study and Implementation of Xi Jinping's Party Building Ideology Series Review No. 14
Why it matters
Xinhua News Agency, Beijing, June 29 (Xinhua News Agency): Persist in implementing the political responsibility of managing the party and governing the party - Xinhua News Agency reporter Wang Sibei and Xu Zhuang, who are deeply studying and implementing Xi Jinping's series of reviews on Party building ideas, must be responsible, responsible, and responsible.
→ The key to doing a good job in China lies in the party, and the key is that the party should take care of the party and strictly govern the party in an all-round way....
State Council · 2026-06-30
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📊 Market Snapshot
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| XPeng Inc |
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| China Construction Bank |
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| PetroChina |
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💱 Currency Rates
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