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


Representatives Meet With Chinese Officials

Media Release
3 October 2003

Fonterra Representatives Meet With Chinese Officials

A high-level Fonterra delegation led by Special Trade Counsellor Mike Moore met with senior Chinese officials and business leaders this week as part of a Pacific Rim Forum Roundtable of business, government and academic leaders.

The delegation included Mr Moore, and Fonterra representatives.

Mr Moore says that within ten years China will be the world's largest importer of food.

"It is appropriate that Fonterra, New Zealand's biggest company, representing 20% of New Zealand's export receipts, builds up a consistent relationship with China," he says.

China is Fonterra's fourth largest market, importing NZ$325 million of product, mainly milk powder, in the 2002/03 year.

Mr Moore spoke at the Forum, and received an honorary Doctorate in Economics from the People's University of Beijing. Mr Moore has also accepted an offer from the Mayor of Shanghai to be an advisor to the City Government on World Trade Organisation (WTO) matters.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

Stats NZ: Unemployment Declines As Underutilisation Rises

The seasonally adjusted unemployment rate decreased to 4.7 percent in the March 2021 quarter, continuing to fall from its recent peak of 5.2 percent in the September 2020 quarter but remaining high compared with recent years, Stats NZ said today. ... More>>


Digitl: The Story Behind Vodafone’s FibreX Court Ruling

Vodafone’s FibreX service was in the news this week. What is the story behind the Fair Trading Act court case? More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>

Westpac: Announces Strong Financial Result

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More>>

MYOB: SME Confidence In Economic Performance Still Cautious

New insights from the annual MYOB Business Monitor have shown the SME sector is still cautious about the potential for further economic recovery, with two-in-five (41%) expecting the New Zealand economy to decline this year. The latest research ... More>>