Canada opens up new channels for Chinese timber exports, or eases tension in Chinese timber demand
Canada is a large forest country with 347 million hectares of forest. Its forest coverage is second only to Russia and Brazil, and its forest area ranks third in the world. Relying on the country's abundant natural resources, Canada has formed a forestry output value of tens of billions of Canadian dollars, softwood production ranks second in the world, accounting for 18.7% of the global total.
With the common development system of the world economy, China's timber demand has risen sharply, and import trade with Canada has gradually increased. At present, China has become Canada's second largest timber exporter, and has attracted the attention of many timber investors.
In terms of cooperation with China's wood industry, Canada has always focused on expanding commercial cooperation in green and low-carbon buildings, and at the same time has achieved win-win cooperation with China through forestry and energy technology. In addition, the governments of China and Canada are also negotiating a free trade agreement that will further promote bilateral trade growth and economic cooperation. In the future, communication between China and Canada will become more frequent. Import demand will continue to play a role as a bridge, and China and Canada will work together to promote international forestry development.
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