China Overview 2004 en

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Information about China Overview 2004 en

Published on April 24, 2008

Author: Michelangelo


China Market Review:  China Market Review 2004 China:  China China Profile:  China Profile Population: China 1.3 billion Canada 31 million GDP per capita: China $1505.13 CAD Canada $38,438.67 GDP growth rate: China 8.5% Canada 3.3% ($1 CAD = 6.2 RMB) Alberta Profile – Part 1:  Alberta Profile – Part 1 Alberta’s population (2004): 3.1 million Nearly 3/4 of Alberta’s population live in Edmonton or Calgary. The Chinese-Canadians are the ‘Top Visible Minority Population’ in both Canada and Alberta (2001): Canada: 1,029,395 Calgary: 51,855 Edmonton: 41,290 Source: Statistics Canada Alberta Profile - Part 2 :  Alberta Profile - Part 2 Alberta outperforms the rest of Canada in almost all income indicators Alberta’s Family Income: $71,399 CAD Canada’s Family Income: $66,160 CAD Alberta’s Average income: $31,350 CAD Canada’s Average income: $29,769 CAD Slide6:  China is Alberta’s 3rd largest export market! (Likely # 2 in future) Exports to China:  Exports to China 1999 2000 2001 2002 2003 Alberta 560 779 897 760 786 Canada 2,663 3,697 4,264 4,129 4,760 (Value in Millions of Canadian Dollars $1 CAD = 6.2 RMB) Canada's overall export growth to China averaged 9.7% annually between 1995 and 2002 China’s Middle Class:  110 million by now 200 million by 2005 over 500 million make brand choices China’s Middle Class Did You Know?:  Did You Know? China has the world’s 2nd largest foreign currency reserves-approximately $458 billion. (#1 is Japan) Chinese residents’ savings until 2002 is $1,652 billion 17.8% growth from previous year China Gini coefficient: 1978 0.15 1980s 0.28 1995 0.39 2001 0.40 Source: China International Business Alberta China Office Key Services:  Alberta China Office Key Services Showcasing Alberta and Alberta advantage Gathering market intelligence Identifying business contacts and opportunities Facilitating government to government contacts Promote networking and cultural understanding Expand value-added opportunities Alberta China Office Key Sectors:  Alberta China Office Key Sectors Aerospace Agriculture Architecture, Engineering and Construction Building products Chemicals and petrochemicals Education Environmental products and services Health care Industrial Manufacturing and equipment Information, Communication and Technology Tourism Aerospace:  Aerospace Air transport is estimated to increase by 15% in 2002 China will need 1,746 new airplanes China will demand 200 helicopters by 2013 and 10,000 by 2020 There are only 143 civil airports in 700 cities of China Alberta companies active in this sector - Avmax, Pelorus WTO & Agriculture:  WTO & Agriculture The joining of WTO has resulted in the immediate reduction of some tariffs and a structure for further tariff and tariff rate quota reductions to 2004 or 2006 See websites: All GMO imports need a label since March 20, 2002 MOA GM safety certificates from biotech companies has been extended to April, 2004. Potentials for Agriculture Sector:  Potentials for Agriculture Sector Processed food and beverage Malting barley and malt Human and Feed Peas (VAT dropped to 13%) Canola seed and oil Beef, pork, meat and offal, leather Forage seeds, seedling technology, environmental products Equipment – used/new (seed cleaning) Biotechnologies (tissue culture,GMO screening) Dairy and Beef genetics and training Building and Wood Products:  Building and Wood Products Rising demand for residential housing Home Improvement /Interior Design 2008 Beijing Olympics Websites: AEC sector (Architecture, Engineering and Construction) Ministry of Construction is adopting CMHC Building Codes Incoming CMHC/AED missions to China for past 4 years Petroleum & Petrochemicals:  Petroleum & Petrochemicals China is the 2nd largest consumer of petroleum products in the world behind the US only Total oil consumption grew and China became a net importer of oil since 1993 Manufacture of crude oil reached 771 million barrels in 2002 Gas consumption is expected to triple by year 2010 Opportunities exist for Canadian oil and gas equipment and service companies to provide advanced technologies to enhance oil and gas recovery and exploit new sources Downstream Infrastructure Development Petroleum & Petrochemicals:  Petroleum & Petrochemicals Industry is dominated by three large state owned enterprises: CNPC (China National Petroleum Corporation): PetroChina: Sinopec: CNOOC: This sector is the responsibility of CAPC (CNPC-Alberta Petroleum Centre), part of the Greater China Team of ACO, their website is: Education :  Education More Chinese students are considering studying abroad and obtaining foreign credentials Canada is among the top destinations selected in 2003, number of student visas exceed 8,000 (a 25% decrease due to SARS) Short term training is very popular in areas such as: ESL, Computer, WTO Regulations, Management Potential clients are: government officials, multinational corporations, state-owned enterprises Environment :  Environment Memorandum of Understanding between the government of Canada and China concerning the China Council for International Cooperation on Environment and Development phase III was signed in 2001 Canada-Alberta Clean Development Mechanism Initiative Project initiated in 2001 China earmarked $34.3 billion for pollution control and environmental protection projects starting in 2000 Environmental protection is considered a priority under CIDA’s program for China Information, Communication and Technology:  Information, Communication and Technology Added value of Chinese Information Industry accounted for 6% of GDP in 2003 China is the largest mobile telecommunication market in the world with 206 million users in 2003 Nearly 80 million internet users in China in 2004 (1.2 million in 1998) Health Care:  Health Care Health industry market valued at $67.1 billion Pharmaceutical market value stands at $15 billion, and it is expected to surge to $60 billion by 2010 Imported medical device $212 million China’s pharmaceutical market is $33.5 billion and by 2005 is expected to be among the top ten pharmaceutical market in the world Tourism:  Asian countries accounted for 12 percent of travel spending in Canada in 2002 down from 15 percent prior to the Asian crisis Canada's travel spending in Asia has been very steady for the last 10 years Fourth largest industry in the province, employing approximately 100,000 Albertans 6 world-class ski resorts, 600 lakes, 245 rivers, 275 golf courses In the last decade, sales have grown 62% from RMB 14 billion to 22 billion Tourism Alberta-China CIDA Inc. Projects:  Alberta-China CIDA Inc. Projects Basic Human Needs in Tibet Autonomous Region Canada-China Development of Coalbed Methane Technology Carbon Dixoxide Sequestration Project Canada-China Extension Training and Business Development Centre China Feed Industry Centre Lean Swine Production Management Education: Environment, SOEs Reforms, Women Entrepreneurs Public Sector Reform Program Strengthening capacity in basic education in Western China Slide25:  The CIDA Industrial Cooperation Program provides financial support and advice to Canadian businesses planning sustainable business activities in developing countries in a variety of sectors. CIDA Prairies Regional Offices Ruth Shapiro, Director 725 Canada Place, 9700 Jasper Avenue, Edmonton T5J 4C3 Tel: (780) 495-7529 Fax: (780) 495-4507 E-mail: Calgary Office: Suite 300,. 639 5th Ave. SW, Calgary T2P 0M9 Tel: ( 403) 297-3324 Fax: (403) 297-6168 Slide26:  Asian Development Bank Headquarters: 6 ADB Avenue, Mandaluyong City 0401 Metro Manila, Philippines Website: Email: ADB Resident Mission in China: 7th Floor, Block D Beijing Merchants International Financial Centre 156 Fuxingmennei Avenue, Beijing E-mail: Alberta China Office (ACO):  Alberta China Office (ACO) Mr. David Wong Managing Director 19 Dongzhimenwai Dajie Chaoyang District, Beijing China 100600 Tel: (86-10) 6532-3536 Ext. 3610 Fax: (86-10) 6532-1304 Email: Website: CAPC: CNPC-Alberta Petroleum Centre:  CAPC: CNPC-Alberta Petroleum Centre Mr. Angelo Zia Alberta Co-Director 2nd Floor, Science & Technology Bldg. No. 20 Xue Yuan Road Haidian District, Beijing China 100083 Tel: (86-10) 6209-8533 Fax: (86-10) 6209-8529 Email: Website: Slide29:  Mr. Joseph So Managing Director Room 1004, Tower Two, Admiralty Centre, 18 Harcourt Road Hong Kong Tel: (852) 2528-4729 Fax: (852) 2529-8115 Email: Website: Alberta Hong Kong Office Alberta Trade Representative Office in Taipei:  Alberta Trade Representative Office in Taipei Ms. Li-An Chen Representative 13th floor, 365 Fu Hsing North Road Taipei, 10483, Taiwan Tel: (886-2) 2715-3637 Fax: (886-2) 2715-1717 Email: Slide31:  Thank You ! 谢 谢 !

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