Canadian Companies Can Clean Up in China

The global economic outlook may look hazy for 2017, but there are still lots of opportunity for Canadian exporters to clean up in China, according to those who watch the Chinese market.

For companies that focus strategically on the right products and services, the market for Canadians to export clean technology, or cleantech, to China, still has room to grow, says Tom Rand, managing partner of ArcTern Ventures, a Toronto firm that invests in cleantech startups.

“We have something like 1.3 per cent of the market share for cleantech in China. About five years ago we had 1.8 per cent,” explains Mr. Rand, who is also senior adviser of the Cleantech Venture Group at Toronto’s MaRS Discovery District.

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