Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Senior Chinese delegation expected at APEC meetings

Senior Chinese delegation expected at APEC meetings


As Auckland prepares to welcome the APEC Business Advisory Council (ABAC) meeting this week, a senior Chinese delegation will also attend to explore opportunities for trade and investment with New Zealand.

“We are honoured that China which is hosting APEC this year has invited New Zealand to host the first ABAC meeting for 2014. And we are delighted that as well as the 250 ABAC delegates, a 40-strong Chinese delegation from the APEC China Business Council (ACBC) will also be visiting,” said BusinessNZ CEO Phil O’Reilly.

The delegation will follow a parallel programme of meetings in Auckland and Hamilton and will attend some of the ABAC events.

“China is now New Zealand’s largest trade partner. This visit gives us the opportunity to continue to build key relationships and the value proposition for expanded business with New Zealand,” said Mr O’Reilly.

A key focus for the delegation’s programme is a New Zealand China Forum to be held by the New Zealand China Council.

“The Council’s mandate is to expand the relationship across the board,” said Council Chair Sir Don McKinnon. “The Forum will update New Zealand’s latest economic indicators and consider key issues in the relationship especially in relation to food and agriculture as well as investment and innovation.”

Senior Chinese business leaders from a range of sectors are participating in the delegation. The visit is also aimed at stimulating New Zealand business interest in the APEC CEO Summit to be held in Beijing 8-10 November.

“China’s continuing economic strength is good news but we need to work harder to capitalize on the advantage given by our FTA,” said Phil O’Reilly. “Visits such as this, and the APEC meetings to be held in China this year give us a great opportunity to highlight New Zealand’s capabilities and the win-win benefits from even closer ties.”

The ABAC meeting is being organized by BusinessNZ on behalf of ABAC New Zealand. Major partners include the New Zealand Government, Fonterra, ANZ, ATEED, Auckland Council, Air New Zealand and the Meat Industry Association.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news