China Trade Mission Secures New Opportunity for Ontario Businesses

Increased Exports for Province’s Agri-Food Sector

April 27, 2015

Ontario's 2015 Agri-Food Trade Mission to China has resulted in increased exports for Ontario products in China and new investment opportunities for Ontario agri-food companies.

Ministers Jeff Leal and Michael Chan recently concluded the province's first ever Minister-led agricultural trade mission, accompanied by 20 Ontario businesses and organizations. Over the course of the mission, the ministers and delegates promoted trade opportunities in Ontario to over 300 Chinese agri-food companies and government officials who participated in seminars, roundtables and individual meetings.

Some of the agreements secured during this mission include:

The Ontario Agri-Food Trade Mission to China is part of Ontario's plan to meet the Premier's Agri-Food Growth Challenge, which calls on the sector to double its rate of growth and create 120,000 new jobs by 2020.

Helping Ontario's agri-food businesses compete globally is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.

 

QUICK FACTS

  • According to the Conference Board of Canada, every $100 million increase in exports creates approximately 1,000 new jobs.
  • China is a priority market for Ontario and is one of the province’s key Asian markets. In 2014, Ontario’s total agri-food sales to China, including exports to Hong Kong, reached $832 million, representing Ontario’s second-largest export market for agri-food products.

BACKGROUND INFORMATION
2015 Ontario Agri-Food Mission to China: Building Partnerships and Growing Markets