– G. Will Dubreuil is the Director, Public Affairs and Media Relations at The Canadian Chamber of Commerce
CANADA – During a roundtable held recently in Shanghai by the Canadian Chamber of Commerce, in collaboration with the Canada-China Business Council and the Y20 Canadian Young Entrepreneurs, businesses shared strategies and ideas on how to navigate and succeed in the challenging Chinese market.
“China is evolving at a stunning pace,” says the Hon. Perrin Beatty, President and CEO of the Canadian Chamber. “All sectors of their economy are growing, the demand coming from the middle class for Canadian products is constantly increasing, and there are incredible business opportunities for Canadian companies in this country. To fully take advantage of the opportunity, businesses need to share strategies and success stories with each other. That’s what today was about,”
Canadian Chamber member companies were happy to discuss their experiences and the strategies they use to navigate the Chinese marketplace with Canada’s next generation of business owners and corporate leaders.
“China represents an opportunity for businesses of all sizes, if the conditions are right. We heard some great and innovative suggestions from entrepreneurs and SME owners. Their needs can be very different from those of larger companies, but the basic fact remains: Canada has to lay the groundwork for a stronger relationship with China,” continued Mr. Beatty.
The Canadian Chamber delegation and the Y20 Canadian Young Entrepreneurs are both in China to participate in their respective summits, the B20 and the Y20, taking place ahead of the upcoming G20 Leaders’ Summit.
“It’s always encouraging to see business leaders put aside all notions of competition and help each other out,” says Beatty. “The truly successful market leaders are the ones who aren’t afraid to help others succeed. Today was a great example of that, as established businesses shared tips and tricks on how to win over the Chinese market, and the Y20 Entrepreneurs asked interesting questions, forcing our participants to think outside the box. We’ll see what kind of results these businesses get when they start applying their new strategies, but I’m convinced they’ll be successful.”
