Canada to host China vice premier for economic cooperation talks
Canada is preparing for high-level economic discussions with China as Finance Minister François-Philippe Champagne and Trade Minister Maninder Sidhu host Vice Premier He Lifeng on November 8-9. The visit extends a series of bilateral engagements this year and includes meetings focused on trade, financial cooperation and broader efforts to strengthen Canada’s economic resilience.
Highlights
- China Vice Premier He Lifeng will visit Canada November 8-9 for Canada-China Economic and Financial Strategic Dialogue with Ministers Champagne and Sidhu.
- Bank of Canada Governor Tiff Macklem and Superintendent Peter Routledge will join the talks, adding central bank and financial regulatory perspectives.
- The meetings follow multiple high-level bilateral visits in 2024, indicating both countries’ intent to advance economic and trade cooperation.
Strategic dialogue and visit agenda
As reported by Government of Canada, He Lifeng’s visit to Canada includes meetings of the Canada-China Economic and Financial Strategic Dialogue, with Champagne and Sidhu leading the Canadian side of the talks.Media representatives are invited to cover key engagements during the November 8-9 visit. Bank of Canada Governor Tiff Macklem and Superintendent of Financial Institutions Peter Routledge are also taking part in discussions, adding central bank and financial regulatory input to the meetings.
Trade ties and broader economic context
The visit follows Chinese Foreign Minister Wang Yi’s trip to Canada in May and builds on both governments’ stated commitment to advance economic and trade cooperation.Ottawa says the discussions also build on Prime Minister Carney’s visit to China in January, Champagne’s trip in April and Sidhu’s visit this week. The government presents those exchanges as part of a broader strategy to pursue a pragmatic and constructive relationship with an important trading partner while supporting a stronger and more resilient Canadian economy.
In our earlier coverage of China’s third-quarter growth outlook and recent policy support, we noted that Beijing’s stimulus measures were expected to deliver only a modest pickup while the economy stayed near the low end of the official full-year target range. The article highlighted that strong exports and factory output were helping offset weak domestic demand, with property-sector stress and subdued consumption and investment still weighing on the recovery.
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