Market
China, a World of Opportunities
China, a World of Opportunities
China is one of the most promising markets for the coming years. This up-and-coming country’s openness to the world offers a ton of opportunities. China Vision will guide you through complex business practices and an exceptional culture.
Are you still wondering if China could be a market for you? See the benefits this country has to offer for yourself.
The world’s leading economic power
According to the Institut de la statistique du Québec, China has been the world’s leading economic power since 2014, just overtaking the United States for the first time in recent history. The GDP per capita increased by over 40% between 2010 and 2014. The Chinese are getting richer, which is increasing the number of investors abroad.
The world’s most densely populated country
China has approximately 1.3 billion people. Which is projected to grow by 2.4% between 2014 and 2020, an increase of just over 27 million people. This represents an unparalleled commercial market for Québec businesses.
Chinese students rushing abroad
China is the largest source of international students in Canada. According to a census by the UNESCO Institute for Statistics on International Student Mobility, Canada is the 8th favourite destination for higher education in the world.
Canada welcomed 120,960 international students in 2015. Of these, approximately 30,000 were studying in Québec. The Chinese are the largest cohort abroad, with 694,041 students. Of these, 26,238 Chinese students choose to study in Canada.
China’s education market is immense and is expected to expand further in years to come. It represented $345 million in 2015, and is expected to almost double by 2020, reaching $643 million.
China is a real godsend for Québec education institutions, including colleges, CEGEPs and universities.
