SlideShare ist ein Scribd-Unternehmen logo
1 von 23
Downloaden Sie, um offline zu lesen
CHINA’S NEW NORMAL:
WHAT DOES IT MEAN FOR CANADA?
Guy Saint-Jacques
Ambassador of Canada to China
Nova Scotia
February 2015
TODAY’S PRESENTATION
Xi Jinping’s priorities
The economic situation
The bilateral relationship
XI JINPING: HIS LEADERSHIP
• Consolidation
• Anti-corruption drive
• Strengthening of the
Party
DOMESTIC SECURITY
• National Security
• Human rights and
freedom of expression
FOREIGN POLICY
• Prestige
• Stability
REFORM?
• Rule of Law
• Education/Health
• Environment
ECONOMIC RESULTS FOR 2014
 GDP growth lowest
since 1990
 World’s 2nd largest
economy (value over
USD10 trillion)
ECONOMIC RESULTS FOR 2014
 « New Normal »
 Structural changes and
silver linings
 Ambitious reform toward
sustainable growth
Source: csstoday.com
ECONOMIC/FINANCIAL REFORMS:
WHAT HAS BEEN DONE SO FAR?
 Administrative reform
 Fiscal reform –
Local government debt management
 State-Owned Enterprise (SOE) reform
 Hukou/Rural land/Social safety net reforms –
Urbanization
 Financial reform
Source: Getty
WHAT IT MEANS FOR FOREIGN/CANADIAN COMPANIES?
 The reform process will
take time.
 China still matters.
 Economic ties with China
will only expand.
Sources: embassy photos, theglobeandmail.com
WHAT TO EXPECT IN 2015?
 New growth target
 13th Five-Year Plan for 2016-2020
 Delicate balance between reform and
economic stability
 Toward better quality growth, driven
by consumption and innovation Source: Dreamstime.com
THE BILATERAL RELATIONSHIP
• 2014 : A Busy
Year
• PM Visit: Joint List
of Outcomes (JLO)
THE CANADA FUND FOR LOCAL INITIATIVES
• Ethnic minority
Development
• Judicial reform and
rights protection for
vulnerable groups
• Accountability and
transparency
STUDY PERMITS ISSUED IN CHINA (2007-2013)
10,120
13,780
16,465
17,780
21,995
25,010
29,415
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
2007 2008 2009 2010 2011 2012 2013
StudyPermitsissued
Source: Citizenship and Immigration Canada
CHINESE STUDENTS IN CANADA (2007-2013)
Source: Citizenship and Immigration Canada
41037 42116
49900
56909
67063
80638
96270
0
20000
40000
60000
80000
100000
120000
2007 2008 2009 2010 2011 2012 2013
to Canada in Canada
CHINESE VISITORS TO CANADA (2007-2014)
151 159 160
193
249
298
334
406
0
50
100
150
200
250
300
350
400
450
2007 2008 2009 2010 2011 2012 2013 2014
(est.)
Numberofvisitors(thousands)
• Since ADS status in 2010, arrivals have more than doubled.
• In 2013, Chinese tourism contributed $603 M to the Canadian economy, up 24.2% over
2012. In 2014, the estimated contribution is $725 M, up 20% over 2013.
Source: Citizenship and Immigration Canada
WEEKLY VISA APPLICATION INTAKE IN CHINA
0
2000
4000
6000
8000
10000
12000
14000
0 10 20 30 40 50
China 2010 China 2011 China 2012 China 2013 China 2014 China 2015
YTD CANADIAN MERCHANDISE IMPORTS AND EXPORTS TO CHINA
$18.5B $17.6B
$48.3 B
$53.6 B
$0
$10
$20
$30
$40
$50
$60
Jan-Nov 2013 Jan-Nov 2014
Billions
Exports
Imports
YTD NOVA SCOTIA EXPORTS TO CHINA
$0
$20
$40
$60
$80
$100
$120
$140
Fish
Pulp of Wood
Copper
Fruits/Nuts
Aluminum
$81 M
$56 M
$15 M
$4 M
$6 M
$121 M
$87 M
$18 M
$5 M
$4 M
Millions
Jan-Nov 2013
Jan-Nov 2014
DEVELOPMENT OF THE CANADIAN SME GATEWAY TO CHINA
CANADA IN CHINA: OUR PRESENCE ON THE GROUND
BEIJING
Chongqing
Guangzhou
Hong Kong
Shanghai
Shenyang
Shenzhen
Nanjing
Qingdao
Wuhan
Chengdu
Tianjin
Xiamen
Xi’an
Hangzhou
Cities
Population
(millions)
Economy
(US$
billions)
Provincial
GDP
growth
Comparabl
e GDP
Tianjin 9.9 205 13.80% Nigeria
Xi'an 8 69 12.90% Pakistan
Chengdu 11.7 129 12.60% Spain
Xiamen 1.9 45 11.40% Malaysia
Wuhan 8.2 127 11.30% Spain
Nanjing 6.4 114 10.10%
South
Korea
Qingdao 7.7 116 9.80% Mexico
Shenyang 7.3 105 9.50% Indonesia
Shenzhen 2.9 206 8.20% Australia
Hangzhou 7 124 8.00% Iran
$37.4
$8.8
$2.3 $2.1 $0.5
AB
BC
ON
QC
Other
By Province/Territory (US$ Billion)
Source: University of Alberta China Institute, February 2015
22%
35%
31%
7% 5%
By Province/Territory (% of Deals)
Chinese Investment in Canada
50%
22%
6%
5%
17% Metals and
Minerals
Energy
Health &
Biotechnology
Information
Technology
Others
By Sector (% of Deals)
LOOKING AHEAD
• Joint List of
Outcomes (JLO)
Implementation
• 45 Years of
Diplomatic
Relations

Weitere ähnliche Inhalte

Was ist angesagt?

Shining cities on a hill or lights under a bushel
Shining cities on a hill or lights under a bushelShining cities on a hill or lights under a bushel
Shining cities on a hill or lights under a bushelgreaterohio
 
Arts mean business one a
Arts mean business one aArts mean business one a
Arts mean business one aSBC LLC
 
ACT Haverhill! Arts Culture and Tourism Initiative
ACT Haverhill! Arts Culture and Tourism InitiativeACT Haverhill! Arts Culture and Tourism Initiative
ACT Haverhill! Arts Culture and Tourism InitiativeAndy X. Vargas
 
Globalization of finance
Globalization of financeGlobalization of finance
Globalization of financeamisamalia
 
Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...
Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...
Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...greaterohio
 
Artifact on Chad's economy
Artifact on Chad's economyArtifact on Chad's economy
Artifact on Chad's economyADEWALE ADETAYO
 
Santa Cruz County Housing: Building For A Sustainable Future
Santa Cruz County Housing: Building For A Sustainable FutureSanta Cruz County Housing: Building For A Sustainable Future
Santa Cruz County Housing: Building For A Sustainable FutureLiz Kroft
 
2013-14 Second Quarter Fiscal Update and Economic Statement
2013-14 Second Quarter Fiscal Update and Economic Statement2013-14 Second Quarter Fiscal Update and Economic Statement
2013-14 Second Quarter Fiscal Update and Economic StatementTreasury Board and Finance
 
CULTURAL PLANNING: leveraging cultural assets
CULTURAL PLANNING: leveraging cultural assetsCULTURAL PLANNING: leveraging cultural assets
CULTURAL PLANNING: leveraging cultural assetsEmily Robson
 
Socialism and its failures - April 2017
Socialism and its failures  - April 2017Socialism and its failures  - April 2017
Socialism and its failures - April 2017paul young cpa, cga
 
TCI 2014 Nuevo Leon at a Glance
TCI 2014 Nuevo Leon at a GlanceTCI 2014 Nuevo Leon at a Glance
TCI 2014 Nuevo Leon at a GlanceTCI Network
 
What Are Refugees
What Are RefugeesWhat Are Refugees
What Are Refugeesdueck
 
Downtown Cleveland Trends & Inspiration
Downtown Cleveland Trends & InspirationDowntown Cleveland Trends & Inspiration
Downtown Cleveland Trends & InspirationSeventh Hill
 

Was ist angesagt? (15)

Androscoggin County Regional Image
Androscoggin County Regional ImageAndroscoggin County Regional Image
Androscoggin County Regional Image
 
Shining cities on a hill or lights under a bushel
Shining cities on a hill or lights under a bushelShining cities on a hill or lights under a bushel
Shining cities on a hill or lights under a bushel
 
Arts mean business one a
Arts mean business one aArts mean business one a
Arts mean business one a
 
ACT Haverhill! Arts Culture and Tourism Initiative
ACT Haverhill! Arts Culture and Tourism InitiativeACT Haverhill! Arts Culture and Tourism Initiative
ACT Haverhill! Arts Culture and Tourism Initiative
 
Globalization of finance
Globalization of financeGlobalization of finance
Globalization of finance
 
Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...
Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...
Rebuilding Neighborhood Markets: Linking Small Business Support & Commercial ...
 
Artifact on Chad's economy
Artifact on Chad's economyArtifact on Chad's economy
Artifact on Chad's economy
 
Santa Cruz County Housing: Building For A Sustainable Future
Santa Cruz County Housing: Building For A Sustainable FutureSanta Cruz County Housing: Building For A Sustainable Future
Santa Cruz County Housing: Building For A Sustainable Future
 
2013-14 Second Quarter Fiscal Update and Economic Statement
2013-14 Second Quarter Fiscal Update and Economic Statement2013-14 Second Quarter Fiscal Update and Economic Statement
2013-14 Second Quarter Fiscal Update and Economic Statement
 
CULTURAL PLANNING: leveraging cultural assets
CULTURAL PLANNING: leveraging cultural assetsCULTURAL PLANNING: leveraging cultural assets
CULTURAL PLANNING: leveraging cultural assets
 
Socialism and its failures - April 2017
Socialism and its failures  - April 2017Socialism and its failures  - April 2017
Socialism and its failures - April 2017
 
TCI 2014 Nuevo Leon at a Glance
TCI 2014 Nuevo Leon at a GlanceTCI 2014 Nuevo Leon at a Glance
TCI 2014 Nuevo Leon at a Glance
 
What Are Refugees
What Are RefugeesWhat Are Refugees
What Are Refugees
 
Downtown Cleveland Trends & Inspiration
Downtown Cleveland Trends & InspirationDowntown Cleveland Trends & Inspiration
Downtown Cleveland Trends & Inspiration
 
2013-14 Government of Alberta Annual Report
 2013-14 Government of Alberta Annual Report 2013-14 Government of Alberta Annual Report
2013-14 Government of Alberta Annual Report
 

Andere mochten auch

数学竞赛与初等数学研究在中国
数学竞赛与初等数学研究在中国数学竞赛与初等数学研究在中国
数学竞赛与初等数学研究在中国Xu jiakon
 
Marketing to lower tier youth in China: China Normal salon summary
Marketing to lower tier youth in China: China Normal salon summaryMarketing to lower tier youth in China: China Normal salon summary
Marketing to lower tier youth in China: China Normal salon summaryLisa Li
 
Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...
Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...
Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...STEPS Centre
 
China - A Country in Transition to a New Normal
China - A Country in Transition to a New NormalChina - A Country in Transition to a New Normal
China - A Country in Transition to a New Normaltutor2u
 
Why Is Supply Chain Planning So Hard? 16 FEB 2016
Why Is Supply Chain Planning So Hard?  16 FEB 2016Why Is Supply Chain Planning So Hard?  16 FEB 2016
Why Is Supply Chain Planning So Hard? 16 FEB 2016Lora Cecere
 
What is effective technology integration for 21st century
What is effective technology integration for 21st centuryWhat is effective technology integration for 21st century
What is effective technology integration for 21st centurycaptainpiller
 
Physical Science Ch2: sec1
Physical Science Ch2: sec1Physical Science Ch2: sec1
Physical Science Ch2: sec1mshenry
 
Powerpoint guide
Powerpoint guidePowerpoint guide
Powerpoint guideshare2010
 
FiftyYears_Mottram_s
FiftyYears_Mottram_sFiftyYears_Mottram_s
FiftyYears_Mottram_sNigel Mottram
 
Presentacion emprendimiento
Presentacion emprendimientoPresentacion emprendimiento
Presentacion emprendimientojessicamena95
 
Nme magazine presentation slideshare
Nme magazine presentation slideshareNme magazine presentation slideshare
Nme magazine presentation slideshareBecca McPartland
 
Present simple vs. present continuous
Present simple vs. present continuousPresent simple vs. present continuous
Present simple vs. present continuousAlexandra Canal
 
The ancient middle east mesopotamian literature2
The ancient middle east  mesopotamian literature2The ancient middle east  mesopotamian literature2
The ancient middle east mesopotamian literature2sparky31522
 
HRM CityMatters Survey Results - November 2013
HRM CityMatters Survey Results - November 2013 HRM CityMatters Survey Results - November 2013
HRM CityMatters Survey Results - November 2013 Halifax Partnership
 
Responsible Disclosure - For Dutch ISACA chapter
Responsible Disclosure - For Dutch ISACA chapterResponsible Disclosure - For Dutch ISACA chapter
Responsible Disclosure - For Dutch ISACA chapterFrank Breedijk
 
Developing a food safetytraining program for volunteers larry ramdin and y...
Developing a food safetytraining program  for volunteers   larry ramdin and y...Developing a food safetytraining program  for volunteers   larry ramdin and y...
Developing a food safetytraining program for volunteers larry ramdin and y...lramdin
 

Andere mochten auch (20)

数学竞赛与初等数学研究在中国
数学竞赛与初等数学研究在中国数学竞赛与初等数学研究在中国
数学竞赛与初等数学研究在中国
 
Marketing to lower tier youth in China: China Normal salon summary
Marketing to lower tier youth in China: China Normal salon summaryMarketing to lower tier youth in China: China Normal salon summary
Marketing to lower tier youth in China: China Normal salon summary
 
Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...
Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...
Melissa Leach keynote at Pathways to Sustainability in a Changing China confe...
 
Doing Business in China
Doing Business in ChinaDoing Business in China
Doing Business in China
 
China - A Country in Transition to a New Normal
China - A Country in Transition to a New NormalChina - A Country in Transition to a New Normal
China - A Country in Transition to a New Normal
 
Why Is Supply Chain Planning So Hard? 16 FEB 2016
Why Is Supply Chain Planning So Hard?  16 FEB 2016Why Is Supply Chain Planning So Hard?  16 FEB 2016
Why Is Supply Chain Planning So Hard? 16 FEB 2016
 
Case studies
Case studiesCase studies
Case studies
 
What is effective technology integration for 21st century
What is effective technology integration for 21st centuryWhat is effective technology integration for 21st century
What is effective technology integration for 21st century
 
Physical Science Ch2: sec1
Physical Science Ch2: sec1Physical Science Ch2: sec1
Physical Science Ch2: sec1
 
Community Marketing 2.0
Community Marketing 2.0Community Marketing 2.0
Community Marketing 2.0
 
Powerpoint guide
Powerpoint guidePowerpoint guide
Powerpoint guide
 
FiftyYears_Mottram_s
FiftyYears_Mottram_sFiftyYears_Mottram_s
FiftyYears_Mottram_s
 
Gic2011 aula05-ingles
Gic2011 aula05-inglesGic2011 aula05-ingles
Gic2011 aula05-ingles
 
Presentacion emprendimiento
Presentacion emprendimientoPresentacion emprendimiento
Presentacion emprendimiento
 
Nme magazine presentation slideshare
Nme magazine presentation slideshareNme magazine presentation slideshare
Nme magazine presentation slideshare
 
Present simple vs. present continuous
Present simple vs. present continuousPresent simple vs. present continuous
Present simple vs. present continuous
 
The ancient middle east mesopotamian literature2
The ancient middle east  mesopotamian literature2The ancient middle east  mesopotamian literature2
The ancient middle east mesopotamian literature2
 
HRM CityMatters Survey Results - November 2013
HRM CityMatters Survey Results - November 2013 HRM CityMatters Survey Results - November 2013
HRM CityMatters Survey Results - November 2013
 
Responsible Disclosure - For Dutch ISACA chapter
Responsible Disclosure - For Dutch ISACA chapterResponsible Disclosure - For Dutch ISACA chapter
Responsible Disclosure - For Dutch ISACA chapter
 
Developing a food safetytraining program for volunteers larry ramdin and y...
Developing a food safetytraining program  for volunteers   larry ramdin and y...Developing a food safetytraining program  for volunteers   larry ramdin and y...
Developing a food safetytraining program for volunteers larry ramdin and y...
 

Ähnlich wie Bejing Outreach to Nova Scotia

presentation on Canada and business with India
presentation on Canada and business with Indiapresentation on Canada and business with India
presentation on Canada and business with IndiaRahil Shaikh
 
CHINA GONE GLOBAL (Part 1)
CHINA GONE GLOBAL (Part 1)CHINA GONE GLOBAL (Part 1)
CHINA GONE GLOBAL (Part 1)Jack Garrity
 
White Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment ClimateWhite Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment ClimateSW Associates, LLC
 
Canada Immigration: A system in Crisis
Canada Immigration:   A system in CrisisCanada Immigration:   A system in Crisis
Canada Immigration: A system in Crisispaul young cpa, cga
 
Kentucky's Global Economy
Kentucky's Global EconomyKentucky's Global Economy
Kentucky's Global EconomyKAED1
 
Canada Immigration| A System in Crisis
Canada Immigration|  A System in CrisisCanada Immigration|  A System in Crisis
Canada Immigration| A System in Crisispaul young cpa, cga
 
Immigration| Canada| System in Crisis| March 2019
Immigration| Canada| System in Crisis| March 2019Immigration| Canada| System in Crisis| March 2019
Immigration| Canada| System in Crisis| March 2019paul young cpa, cga
 
2019 Election| Immigration and Refugees| Canada | Issues and Analysis
2019 Election| Immigration and Refugees| Canada | Issues and Analysis2019 Election| Immigration and Refugees| Canada | Issues and Analysis
2019 Election| Immigration and Refugees| Canada | Issues and Analysispaul young cpa, cga
 
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...Peru's Foreign Investment Policy towards China: Comparison with other Latin A...
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...María Isabel Osterloh
 
201 Election| Canada and World| Slow Economic Growth| August 2019
201 Election| Canada and World| Slow Economic Growth| August 2019201 Election| Canada and World| Slow Economic Growth| August 2019
201 Election| Canada and World| Slow Economic Growth| August 2019paul young cpa, cga
 
Manitoba & Canadian Economic Forecast - Robert Hogue
Manitoba & Canadian Economic Forecast - Robert HogueManitoba & Canadian Economic Forecast - Robert Hogue
Manitoba & Canadian Economic Forecast - Robert HogueMBHomeBuilders
 
Immigration to Canada: System in Crisis
Immigration to Canada: System in CrisisImmigration to Canada: System in Crisis
Immigration to Canada: System in Crisispaul young cpa, cga
 
2019| Immigration and Refugee | Canada| April 2019
2019| Immigration and Refugee | Canada| April 20192019| Immigration and Refugee | Canada| April 2019
2019| Immigration and Refugee | Canada| April 2019paul young cpa, cga
 
statia tourism final mv
statia tourism final mvstatia tourism final mv
statia tourism final mvMary Vrolijk
 
2019 Election| World Economy| Slow Growth| Canada| July 2019
2019 Election| World Economy| Slow Growth| Canada| July 20192019 Election| World Economy| Slow Growth| Canada| July 2019
2019 Election| World Economy| Slow Growth| Canada| July 2019paul young cpa, cga
 
Growing Through China: A Comprehensive Look at Market Opportunities
Growing Through China: A Comprehensive Look at Market Opportunities Growing Through China: A Comprehensive Look at Market Opportunities
Growing Through China: A Comprehensive Look at Market Opportunities Kegler Brown Hill + Ritter
 
China's economy: slowing distorted and debt-addicted
China's economy: slowing distorted and debt-addictedChina's economy: slowing distorted and debt-addicted
China's economy: slowing distorted and debt-addictedRBS Economics
 
India: New Opportunities Abound
India: New Opportunities AboundIndia: New Opportunities Abound
India: New Opportunities AboundSylwia Borawska
 

Ähnlich wie Bejing Outreach to Nova Scotia (20)

presentation on Canada and business with India
presentation on Canada and business with Indiapresentation on Canada and business with India
presentation on Canada and business with India
 
CHINA GONE GLOBAL (Part 1)
CHINA GONE GLOBAL (Part 1)CHINA GONE GLOBAL (Part 1)
CHINA GONE GLOBAL (Part 1)
 
White Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment ClimateWhite Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment Climate
 
Canada Immigration: A system in Crisis
Canada Immigration:   A system in CrisisCanada Immigration:   A system in Crisis
Canada Immigration: A system in Crisis
 
Kentucky's Global Economy
Kentucky's Global EconomyKentucky's Global Economy
Kentucky's Global Economy
 
Canada Immigration| A System in Crisis
Canada Immigration|  A System in CrisisCanada Immigration|  A System in Crisis
Canada Immigration| A System in Crisis
 
Immigration| Canada| System in Crisis| March 2019
Immigration| Canada| System in Crisis| March 2019Immigration| Canada| System in Crisis| March 2019
Immigration| Canada| System in Crisis| March 2019
 
2019 Election| Immigration and Refugees| Canada | Issues and Analysis
2019 Election| Immigration and Refugees| Canada | Issues and Analysis2019 Election| Immigration and Refugees| Canada | Issues and Analysis
2019 Election| Immigration and Refugees| Canada | Issues and Analysis
 
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...Peru's Foreign Investment Policy towards China: Comparison with other Latin A...
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...
 
201 Election| Canada and World| Slow Economic Growth| August 2019
201 Election| Canada and World| Slow Economic Growth| August 2019201 Election| Canada and World| Slow Economic Growth| August 2019
201 Election| Canada and World| Slow Economic Growth| August 2019
 
Manitoba & Canadian Economic Forecast - Robert Hogue
Manitoba & Canadian Economic Forecast - Robert HogueManitoba & Canadian Economic Forecast - Robert Hogue
Manitoba & Canadian Economic Forecast - Robert Hogue
 
Immigration to Canada: System in Crisis
Immigration to Canada: System in CrisisImmigration to Canada: System in Crisis
Immigration to Canada: System in Crisis
 
Brookings Los Angeles Metro Region
Brookings Los Angeles Metro RegionBrookings Los Angeles Metro Region
Brookings Los Angeles Metro Region
 
2019| Immigration and Refugee | Canada| April 2019
2019| Immigration and Refugee | Canada| April 20192019| Immigration and Refugee | Canada| April 2019
2019| Immigration and Refugee | Canada| April 2019
 
statia tourism final mv
statia tourism final mvstatia tourism final mv
statia tourism final mv
 
2019 Election| World Economy| Slow Growth| Canada| July 2019
2019 Election| World Economy| Slow Growth| Canada| July 20192019 Election| World Economy| Slow Growth| Canada| July 2019
2019 Election| World Economy| Slow Growth| Canada| July 2019
 
Growing Through China: A Comprehensive Look at Market Opportunities
Growing Through China: A Comprehensive Look at Market Opportunities Growing Through China: A Comprehensive Look at Market Opportunities
Growing Through China: A Comprehensive Look at Market Opportunities
 
China's economy: slowing distorted and debt-addicted
China's economy: slowing distorted and debt-addictedChina's economy: slowing distorted and debt-addicted
China's economy: slowing distorted and debt-addicted
 
India: New Opportunities Abound
India: New Opportunities AboundIndia: New Opportunities Abound
India: New Opportunities Abound
 
NDP and Fiscal Management
NDP and Fiscal ManagementNDP and Fiscal Management
NDP and Fiscal Management
 

Mehr von Halifax Partnership

Halifax Celebrates Strengthened Ties with Zhuhai, China
Halifax Celebrates Strengthened Ties with Zhuhai, ChinaHalifax Celebrates Strengthened Ties with Zhuhai, China
Halifax Celebrates Strengthened Ties with Zhuhai, ChinaHalifax Partnership
 
Ron Hanlon Presentation - 2016 State of the City Forum
Ron Hanlon Presentation - 2016 State of the City ForumRon Hanlon Presentation - 2016 State of the City Forum
Ron Hanlon Presentation - 2016 State of the City ForumHalifax Partnership
 
Mayor Savage Presentation - 2016 State of the City Forum
Mayor Savage Presentation - 2016 State of the City ForumMayor Savage Presentation - 2016 State of the City Forum
Mayor Savage Presentation - 2016 State of the City ForumHalifax Partnership
 
Networking 101 - Building Relationships
Networking 101 - Building RelationshipsNetworking 101 - Building Relationships
Networking 101 - Building RelationshipsHalifax Partnership
 
Connector Program Presentation for OneNS Coalition
Connector Program Presentation for OneNS CoalitionConnector Program Presentation for OneNS Coalition
Connector Program Presentation for OneNS CoalitionHalifax Partnership
 
Head and Regional Office Report Presenation
Head and Regional Office Report PresenationHead and Regional Office Report Presenation
Head and Regional Office Report PresenationHalifax Partnership
 
Head and Regional Office Media Release
Head and Regional Office Media Release Head and Regional Office Media Release
Head and Regional Office Media Release Halifax Partnership
 
Head and Regional Office Sector Profile Value Proposition
Head and Regional Office Sector Profile Value PropositionHead and Regional Office Sector Profile Value Proposition
Head and Regional Office Sector Profile Value PropositionHalifax Partnership
 
Head and Regional Office Infographic
Head and Regional Office InfographicHead and Regional Office Infographic
Head and Regional Office InfographicHalifax Partnership
 
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for Cities
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for CitiesBuilding Our Future: Our City as a Start-up with Lee Fisher, CEOs for Cities
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for CitiesHalifax Partnership
 
The Future of Productivity: Clear Choices for a Competitive Canada
The Future of Productivity: Clear Choices for a Competitive CanadaThe Future of Productivity: Clear Choices for a Competitive Canada
The Future of Productivity: Clear Choices for a Competitive CanadaHalifax Partnership
 

Mehr von Halifax Partnership (20)

Halifax Celebrates Strengthened Ties with Zhuhai, China
Halifax Celebrates Strengthened Ties with Zhuhai, ChinaHalifax Celebrates Strengthened Ties with Zhuhai, China
Halifax Celebrates Strengthened Ties with Zhuhai, China
 
State of the municipality 2018
State of the municipality 2018State of the municipality 2018
State of the municipality 2018
 
Ron Hanlon Presentation - 2016 State of the City Forum
Ron Hanlon Presentation - 2016 State of the City ForumRon Hanlon Presentation - 2016 State of the City Forum
Ron Hanlon Presentation - 2016 State of the City Forum
 
Mayor Savage Presentation - 2016 State of the City Forum
Mayor Savage Presentation - 2016 State of the City ForumMayor Savage Presentation - 2016 State of the City Forum
Mayor Savage Presentation - 2016 State of the City Forum
 
Pitching your brand
Pitching your brandPitching your brand
Pitching your brand
 
2015 Halifax Index Presentation
2015 Halifax Index Presentation2015 Halifax Index Presentation
2015 Halifax Index Presentation
 
Networking 101 - Building Relationships
Networking 101 - Building RelationshipsNetworking 101 - Building Relationships
Networking 101 - Building Relationships
 
2014 CityMatters Survey Results
2014 CityMatters Survey Results2014 CityMatters Survey Results
2014 CityMatters Survey Results
 
Connector Program Presentation for OneNS Coalition
Connector Program Presentation for OneNS CoalitionConnector Program Presentation for OneNS Coalition
Connector Program Presentation for OneNS Coalition
 
#myHFXpledge
#myHFXpledge#myHFXpledge
#myHFXpledge
 
2014 Halifax Index Presentation
2014 Halifax Index Presentation2014 Halifax Index Presentation
2014 Halifax Index Presentation
 
Head and Regional Office Report Presenation
Head and Regional Office Report PresenationHead and Regional Office Report Presenation
Head and Regional Office Report Presenation
 
Head and Regional Office Media Release
Head and Regional Office Media Release Head and Regional Office Media Release
Head and Regional Office Media Release
 
Head and Regional Office Sector Profile Value Proposition
Head and Regional Office Sector Profile Value PropositionHead and Regional Office Sector Profile Value Proposition
Head and Regional Office Sector Profile Value Proposition
 
Head and Regional Office Infographic
Head and Regional Office InfographicHead and Regional Office Infographic
Head and Regional Office Infographic
 
Summit on Youth in NS Economy
Summit on Youth in NS EconomySummit on Youth in NS Economy
Summit on Youth in NS Economy
 
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for Cities
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for CitiesBuilding Our Future: Our City as a Start-up with Lee Fisher, CEOs for Cities
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for Cities
 
Networking 101
Networking 101Networking 101
Networking 101
 
The Future of Productivity: Clear Choices for a Competitive Canada
The Future of Productivity: Clear Choices for a Competitive CanadaThe Future of Productivity: Clear Choices for a Competitive Canada
The Future of Productivity: Clear Choices for a Competitive Canada
 
Is Your Business Future-ready?
Is Your Business Future-ready? Is Your Business Future-ready?
Is Your Business Future-ready?
 

Kürzlich hochgeladen

Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfAnhNguyen97152
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsIntellect Design Arena Ltd
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)tazeenaila12
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003believeminhh
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsyasinnathani
 
Intellectual Property Licensing Examples
Intellectual Property Licensing ExamplesIntellectual Property Licensing Examples
Intellectual Property Licensing Examplesamberjiles31
 
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...AustraliaChapterIIBA
 
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxWorkforce Group
 
Plano de marketing- inglês em formato ppt
Plano de marketing- inglês  em formato pptPlano de marketing- inglês  em formato ppt
Plano de marketing- inglês em formato pptElizangelaSoaresdaCo
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsWristbands Ireland
 
NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023Steve Rader
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsP&CO
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Winbusinessin
 
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursKaiNexus
 
To Create Your Own Wig Online To Create Your Own Wig Online
To Create Your Own Wig Online  To Create Your Own Wig OnlineTo Create Your Own Wig Online  To Create Your Own Wig Online
To Create Your Own Wig Online To Create Your Own Wig Onlinelng ths
 
Mihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZMihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZKanakChauhan5
 

Kürzlich hochgeladen (20)

Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking Applications
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story points
 
Intellectual Property Licensing Examples
Intellectual Property Licensing ExamplesIntellectual Property Licensing Examples
Intellectual Property Licensing Examples
 
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
 
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
 
WAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdfWAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdf
 
Plano de marketing- inglês em formato ppt
Plano de marketing- inglês  em formato pptPlano de marketing- inglês  em formato ppt
Plano de marketing- inglês em formato ppt
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and Festivals
 
NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizations
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024
 
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, Ours
 
To Create Your Own Wig Online To Create Your Own Wig Online
To Create Your Own Wig Online  To Create Your Own Wig OnlineTo Create Your Own Wig Online  To Create Your Own Wig Online
To Create Your Own Wig Online To Create Your Own Wig Online
 
Mihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZMihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZ
 

Bejing Outreach to Nova Scotia

  • 1. CHINA’S NEW NORMAL: WHAT DOES IT MEAN FOR CANADA? Guy Saint-Jacques Ambassador of Canada to China Nova Scotia February 2015
  • 2. TODAY’S PRESENTATION Xi Jinping’s priorities The economic situation The bilateral relationship
  • 3. XI JINPING: HIS LEADERSHIP • Consolidation • Anti-corruption drive • Strengthening of the Party
  • 4. DOMESTIC SECURITY • National Security • Human rights and freedom of expression
  • 6. REFORM? • Rule of Law • Education/Health • Environment
  • 7. ECONOMIC RESULTS FOR 2014  GDP growth lowest since 1990  World’s 2nd largest economy (value over USD10 trillion)
  • 8. ECONOMIC RESULTS FOR 2014  « New Normal »  Structural changes and silver linings  Ambitious reform toward sustainable growth Source: csstoday.com
  • 9. ECONOMIC/FINANCIAL REFORMS: WHAT HAS BEEN DONE SO FAR?  Administrative reform  Fiscal reform – Local government debt management  State-Owned Enterprise (SOE) reform  Hukou/Rural land/Social safety net reforms – Urbanization  Financial reform Source: Getty
  • 10. WHAT IT MEANS FOR FOREIGN/CANADIAN COMPANIES?  The reform process will take time.  China still matters.  Economic ties with China will only expand. Sources: embassy photos, theglobeandmail.com
  • 11. WHAT TO EXPECT IN 2015?  New growth target  13th Five-Year Plan for 2016-2020  Delicate balance between reform and economic stability  Toward better quality growth, driven by consumption and innovation Source: Dreamstime.com
  • 12. THE BILATERAL RELATIONSHIP • 2014 : A Busy Year • PM Visit: Joint List of Outcomes (JLO)
  • 13. THE CANADA FUND FOR LOCAL INITIATIVES • Ethnic minority Development • Judicial reform and rights protection for vulnerable groups • Accountability and transparency
  • 14. STUDY PERMITS ISSUED IN CHINA (2007-2013) 10,120 13,780 16,465 17,780 21,995 25,010 29,415 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 2007 2008 2009 2010 2011 2012 2013 StudyPermitsissued Source: Citizenship and Immigration Canada
  • 15. CHINESE STUDENTS IN CANADA (2007-2013) Source: Citizenship and Immigration Canada 41037 42116 49900 56909 67063 80638 96270 0 20000 40000 60000 80000 100000 120000 2007 2008 2009 2010 2011 2012 2013 to Canada in Canada
  • 16. CHINESE VISITORS TO CANADA (2007-2014) 151 159 160 193 249 298 334 406 0 50 100 150 200 250 300 350 400 450 2007 2008 2009 2010 2011 2012 2013 2014 (est.) Numberofvisitors(thousands) • Since ADS status in 2010, arrivals have more than doubled. • In 2013, Chinese tourism contributed $603 M to the Canadian economy, up 24.2% over 2012. In 2014, the estimated contribution is $725 M, up 20% over 2013.
  • 17. Source: Citizenship and Immigration Canada WEEKLY VISA APPLICATION INTAKE IN CHINA 0 2000 4000 6000 8000 10000 12000 14000 0 10 20 30 40 50 China 2010 China 2011 China 2012 China 2013 China 2014 China 2015
  • 18. YTD CANADIAN MERCHANDISE IMPORTS AND EXPORTS TO CHINA $18.5B $17.6B $48.3 B $53.6 B $0 $10 $20 $30 $40 $50 $60 Jan-Nov 2013 Jan-Nov 2014 Billions Exports Imports
  • 19. YTD NOVA SCOTIA EXPORTS TO CHINA $0 $20 $40 $60 $80 $100 $120 $140 Fish Pulp of Wood Copper Fruits/Nuts Aluminum $81 M $56 M $15 M $4 M $6 M $121 M $87 M $18 M $5 M $4 M Millions Jan-Nov 2013 Jan-Nov 2014
  • 20. DEVELOPMENT OF THE CANADIAN SME GATEWAY TO CHINA
  • 21. CANADA IN CHINA: OUR PRESENCE ON THE GROUND BEIJING Chongqing Guangzhou Hong Kong Shanghai Shenyang Shenzhen Nanjing Qingdao Wuhan Chengdu Tianjin Xiamen Xi’an Hangzhou Cities Population (millions) Economy (US$ billions) Provincial GDP growth Comparabl e GDP Tianjin 9.9 205 13.80% Nigeria Xi'an 8 69 12.90% Pakistan Chengdu 11.7 129 12.60% Spain Xiamen 1.9 45 11.40% Malaysia Wuhan 8.2 127 11.30% Spain Nanjing 6.4 114 10.10% South Korea Qingdao 7.7 116 9.80% Mexico Shenyang 7.3 105 9.50% Indonesia Shenzhen 2.9 206 8.20% Australia Hangzhou 7 124 8.00% Iran
  • 22. $37.4 $8.8 $2.3 $2.1 $0.5 AB BC ON QC Other By Province/Territory (US$ Billion) Source: University of Alberta China Institute, February 2015 22% 35% 31% 7% 5% By Province/Territory (% of Deals) Chinese Investment in Canada 50% 22% 6% 5% 17% Metals and Minerals Energy Health & Biotechnology Information Technology Others By Sector (% of Deals)
  • 23. LOOKING AHEAD • Joint List of Outcomes (JLO) Implementation • 45 Years of Diplomatic Relations