Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


China and NZ set ambitious new trade goals

China and NZ set ambitious new trade goals

Prime Minister John Key and Chinese President Xi Jinping have set an ambitious new goal for two-way trade of $30 billion by 2020.

In a meeting at the Great Hall of the People in Beijing, they also agreed to modernise the current Free Trade Agreement between the two countries.

“This relationship has never been stronger,” says Mr Key. “We have great confidence that the coming years will see trade between us increase at a very fast pace.”

This was the Prime Minister’s second meeting with President Xi in China in the last 12 months and their third formal meeting over the same period. The consistency of high level contact reflects the very strong state of the New Zealand-China relationship.

There has been a doubling in the value of two-way goods trade with China since 2008, and a trebling in exports, There has been a doubling in the number of visitor arrivals from China and new airline links.

“To support what we see as the ever increasing importance of the China market and its growth potential, we intend to invest heavily in resourcing the region appropriately”, says Mr Key.

The new resources will include an increase in personnel working on the China relationship, including;


MFAT will establish seven new positions to further the political and economic relationship. They will also engage a Public Affairs Manager and Advisor, both in Beijing
The Ministry of Primary Industries (MPI) will add nine positions


“We are also in the final stages of approving a further boost involving other government agencies, some of which is subject to the Budget process. I will have more to say about this closer to the Budget.

“These additions reflect the widespread commitment within New Zealand’s public sector to the New Zealand-China relationship.

“Our new goal of reaching $30 billion in two way trade by 2020 must be supported by people and resources. I am committed to making this happen.”

In the meeting with President Xi Mr Key also said New Zealand was investing in future growth in the relationship by building a new Chancery.

“The current Chancery has served us well since 1973, but it is now time for it to reflect the status and importance of New Zealand’s relationship with China.

“The increased New Zealand footprint in Beijing will mean that the Government will support a greater range of New Zealand activities in China, including in education, science and research and the primary industries,” says Mr Key.

Prime Minister Key and President Xi also discussed new initiatives for increased cooperation in agriculture and food safety, including scholarships.

Prime Minister Key emphasised to President Xi New Zealand’s commitment to providing safe, high quality food to China.

“The outcomes of the Government Inquiry into the Whey Protein Contamination Incident have confirmed the New Zealand food safety system is of international best standard,” says Mr Key.

Prime Minister Key and President Xi also discussed key priorities and challenges in the regional and international environment.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Last Night’s Debate, And The Collins Accusation

Debating is a peculiar discipline in that what you say is less important than how you’re saying it. Looking poised, being articulate and staying on topic generally wins the day – and on that score, Labour leader David Cunliffe won what turned out to be a bruising encounter with Prime Minister John Key last night on TVNZ.

Cunliffe marshalled his points better, kept Key off balance and – more often than not – was in control of the general tenor of the contest. Labour supporters would have been heartened, and given some belated reassurance that maybe the change of leadership last year had been the right decision. More>>

 

Parliament Today:

Gordon Campbell: On Winston Peters' Latest Bout Of Immigrant Bashing

It is only one poll, but rather than cannibalising each other's vote, Colin Craig and Winston Peters do seem to be managing to find the room to co-exist... Few are questioning how Peters got to this happy place, and what it says about the mood of the electorate. More>>

ALSO:

More Immigration News: First People Trafficking Charges

The first people trafficking charges in New Zealand have been brought by Immigration New Zealand (INZ)... The defendants have been charged under the Crimes Act 1961 for arranging by deception the entry of 18 Indian nationals into New Zealand. More>>

Collins 'Misinterprets Media Reports': "Too Compromised To Remain Justice Minister"

Bizarre claims by Judith Collins this morning that she had been cleared of inappropriate behaviour by the Privacy Commissioner demonstrates she is too compromised to remain Justice Minister, Labour MP Grant Robertson says. More>>

ALSO:

Labour On Climate Change: Focus On The Now For The Future

A Labour Government will put in place a comprehensive climate change strategy focusing on both mitigation and adaptation, establish an independent Climate Commission and implement carbon budgeting, says Labour Climate Change spokesperson Moana Mackey. More>>

ALSO:

Gordon Campbell: On National’s Housing Assistance Plan

So, as many as 90,000 people could derive some benefit from National’s housing assistance plans for low and middle-income earners... Yet in reality, the benefits seem likely to be insignificant, and they will be skewed towards those at the top end of the income group that’s supposedly the target. More>>

ALSO:

Election Data Consortium: National’s Worst Case Scenario At Stage One?

A month out from the general election and ipredict traders are still forecasting National’s vote to slip below current polling levels and there is potential for it to fall further. More>>

ALSO:

From The Scoop Video Archive: PM Says SIS "Told Me" About OIA Release

In a press conference immediately following an controversial OIA release of notes on an SIS briefing to then Labour leader Phil Goff, Key said "at that point [Tucker] told me he'd release it ...". Since the release of Nicky Hager's 'Dirty Politics' Key has denied being personally informed and said references by officials to 'the PM' being told briefed referred to his office. He now says the same about his own statement. More>>

ALSO:

  • Scoop Video in the news - New questions over Key claims | NZ Herald News - Stuff.co.nz
  • Earlier - Felix Marwick: Laying out facts over SIS documents - Newstalk ZB
  • Labour - Director’s letter contradicts Key’s claims
  • ACT - The Letter - 26 days to go
  • TV3 Video - Housing issue nudges Dirty Politics aside - David Cunliffe: Key's SIS explanation 'defies belief' - SIS leak came from Key's Office - Goff - Key 'categorically denies' Slater OIA discussion - Video: Key faces more Dirty Politics questions

  • TVNZ - Winston Peters: ‘Dirty Politics' is a new low
  • The Nation - Debate Between Grant Robertson And Russel Norman
  • NZ First - “The Words Mean What I Say They Mean”
  • Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news