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Canada-China bilateral trade (July 2026)
$11.9B
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Imports
$8.3B
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Exports
$3.6B
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๐ Today's Briefing
China's ice cream industry is going global, with the Xinhua News Agency reporting on the integration of the country's ice cream sector into the international sweet market. This move could have significant implications for Canada's dairy and confectionery industries, which may face increased competition from Chinese products. In other news, the State Council has released a notice promoting recreational vehicle (RV) consumption, which could boost domestic tourism and potentially impact Canada's RV industry. Additionally, the State Council has emphasized the importance of advanced manufacturing, aiming to strengthen and expand this sector as the backbone of China's economy. The bottom line: With China's ice cream industry expanding globally and the State Council's focus on advanced manufacturing and RV consumption, Canada should closely monitor these developments to understand their potential impact on domestic industries. China Compass tracks Canada-China relations, trade, and geopolitical signals. Visit www.chinacompass.ca for daily updates.
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๐ Top Signals
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๐ฆ trade
The Chinese ice cream industry integrates into the global "sweet" market.
Why it matters
On September 17, at the Tianjin Meijiang Convention and Exhibition Center, visitors visited the ice cream molds on the site of the expo.
โ Xinhua News Agency reporter Sun Fanyue photo...
Xinhua ยท 2026-09-19
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๐ฅ social
Notification of the General Office of the State Council Forwarding the Several Measures for Promoting RV Consumption by the Ministry of Culture and Tourism and Other Departments
Why it matters
Notice of the General Office of the State Council Forwarding the Several Measures on Promoting RV Consumption Approved by the State Council - STAFF OFFICE LETTER [2026] No.
โ General Office of the State Council September 13, 2026 (Text has been partially reduced) Several Measures on Promoting RV Consumption Ministry of Culture and Tourism National Development and Reform Commission Ministry of Industry and Information Technology Ministry of Public Security Ministry of Natural Resources Ministry of Ecology and Environment Ministry of Transport Ministry of Commerce State Administration for Market Regulation China Banking and Insurance Regulatory Commission To implement the Central Committee of the Communist Party of China and the State Council's decisions on expanding domestic demand and boosting consumption, to unblock bottlenecks in RV (including travel trailers, recreational trailers, and camping vehicles) consumption, to cultivate new business forms such as RV camping, and to unleash the potential for RV consumption, better meeting people's growing needs for a better life, we now propose the following measures: ...
State Council ยท 2026-09-19
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๐ป technology
Continuing to strengthen and expand advanced manufacturing industries
Why it matters
"Completely and accurately implementing new development concepts, and coordinating high-quality development with high-level security," "Accelerating the construction of a modern industrial system with advanced manufacturing as its backbone to consolidate and strengthen the real economy, providing strong support for advancing Chinese-style modernization." Recently, President Xi Jinping made important instructions on promoting the development of advanced manufacturing, providing fundamental guidelines and an action guide for continuously growing and strengthening this sector on the new journey.
โ "As a major country, we must develop the real economy and continuously promote industrial modernization and improve our level of manufacturing." "Standing on the foundation of the real economy, we should strengthen advanced manufacturing and actively advance new-type industrialization." "Taking scientific and technological innovation as the lead, we should coordinate traditional industry upgrades, the development of emerging industries, and the cultivation of future industries." ...
State Council ยท 2026-09-19
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๐๏ธ political
Spokesperson of the Ministry of Commerce Answers Questions on Sino-US Economic and Trade Consultations
Why it matters
The Commerce Ministry stated that a Chinese delegation, headed by He Lifeng, member of the Political Bureau of the Central Committee of the Communist Party of China and Vice Premier of the State Council, will visit the United States from September 19 to 23 for economic and trade consultations.
โ Both sides will discuss issues of mutual concern in the economic and trade.
Xinhua ยท 2026-09-19
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๐ฆ trade
Empowering the World Economy: Creating a Better Future through Collaboration โโHow China's Advanced Manufacturing Can Go Global
Why it matters
Observers believe that advanced manufacturing is not only the pillar of China's economic growth and the engine of industrial change, but also an important force driving global industrial upgrading, deepening international industrial cooperation and promoting global green transformation, providing momentum for long-term stable growth of the world economy.
โ According to the company, these products have built-in AI image recognition algorithms that can automatically identify cell structures and label biometrics, which are favored by overseas consumers....
Xinhua ยท 2026-09-19
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๐ Market Snapshot
โฒ Top Gainers
| Alibaba Group |
HK$109.30 |
โฒ +4.00% |
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| NIO Inc |
HK$29.10 |
โฒ +3.93% |
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โผ Top Losers
| PetroChina |
HK$9.49 |
โผ -0.73% |
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| NetEase |
HK$183.60 |
โผ -0.81% |
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| China Construction Bank |
HK$9.59 |
โผ -0.88% |
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๐ฑ Currency Rates
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