Policy & RegulationSignal

China and Canada Hold Second Economic and Financial Strategic Dialogue in Vancouver

Chinese Vice Premier He Lifeng co-chaired bilateral economic and financial talks with Canadian ministers François-Philippe Champagne and Maninder Sidhu in Vancouver.

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Illustrative image: African businessman counting euro bills at a desk with documents and a notebook, highlighting finance theme.
Illustrative image; not a photograph of this reported event. Photo by Pavel Danilyuk on Pexels

The Brief

China's State Council website reported that Chinese Vice Premier He Lifeng, the Chinese lead for the China-Canada Economic and Financial Strategic Dialogue, co-chaired the second session of the dialogue in Vancouver on November 9 alongside Canadian Minister of Finance François-Philippe Champagne and Minister of International Trade Maninder Sidhu. He Lifeng stated that under the strategic guidance of the leaders of both nations, bilateral ties have achieved a turnaround and returned to the right track. He noted that China is willing to work with Canada on the principles of mutual respect, equality, mutual benefit, and seeking common ground while shelving differences, to deepen cooperation in trade, finance, and investment. Champagne stated that Canada attaches high importance to relations with China and intends to strengthen policy communication, coordination, and mutually beneficial cooperation in economic and financial fields. Sidhu expressed hopes to expand practical Canada-China economic and trade cooperation and advance broader bilateral trade development. During the strategic dialogue, both sides reached a series of mutually beneficial outcomes and consensus. In addition to the official discussions, He Lifeng, Champagne, and Sidhu jointly attended a China-Canada commercial roundtable meeting.

Key Takeaways

  • 1He Lifeng, François-Philippe Champagne, and Maninder Sidhu co-chaired the second bilateral economic dialogue in Vancouver on November 9.
  • 2Both sides reached a series of mutually beneficial outcomes and attended a joint China-Canada commercial roundtable meeting.