Parliament

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

 

Big opportunities in China - Goff


Hon Phil Goff
Minister of Foreign Affairs and Trade
Media Statement
27 August 2000

Big opportunities in China - Goff


China presents huge economic opportunities for New Zealand says Foreign Minister Phil Goff, who spent last week there on an official visit.

"China's economy has averaged growth of over 7% per annum for twenty years. In the next half century it could become the largest economy in the world. If we manage the relationship properly China's prosperity will contribute to our own prosperity.

"New Zealand's exports to China grew 17% last year, with big growth in tourism (which increased dramatically by 65% for the year to May 2000) and education services.

"The biggest immediate opportunity now is in education. New Zealand provided a full-fee education service to only 400 Chinese students two years ago. In the twelve months to July 2000 we have received well over 6,000 student visa applications. Around 75% of these are likely to be approved.

"Each of those students brings in $10,000 in foreign exchange. We could be looking at $45 million in earnings from China alone.

"In Hangzhou on Wednesday, I opened an education promotion seminar which received extensive television coverage throughout Zhejiang.

"My message was that New Zealand offered a full range of quality education opportunities, with living and tuition costs comparing very favourably with other English speaking countries.

"The education industry has great strategic value to New Zealand. Think how much easier it is dealing with business people or government officials who have been educated in New Zealand, and think how much more rapport there is instantly with someone who has a daughter or son studying in New Zealand.

"Many students, having qualified and gained work experience in New Zealand will apply to settle here. They will already have a good knowledge of New Zealand, will settle in and find employment readily and make a huge contribution to the growth and prosperity of our country. They will have language skills and links to their country of origin that will promote trading opportunities.

"With government working in partnership with educational institutions, New Zealand has the potential quite quickly to expand the wider international education industry, which currently earns around $415 million annually in foreign exchange earnings, into a billion dollar industry," Mr Goff concluded.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why New Zealand Needs To Change Its Defence Habits


In a flashback to the military displays of days gone by, one of our frigates recently joined a Carrier Strike show of force in the South China Sea, en route to a joint military exercise in Singapore with our traditional allies, called BersamaGold21. Reportedly, Anna Powles, from the Centre of Defence and Security Studies at Massey University felt this to be a case of us doing our bit to uphold international law, and the right of free transit through the region in question... More>>

Government: New COVID-19 Protection Framework Delivers Greater Freedoms For Vaccinated New Zealanders


Vaccinated New Zealanders will regain everyday freedoms when the country moves to a new simplified COVID-19 Protection Framework that doesn’t rely on nationwide lockdowns as the main measure to stop the virus spreading. In a suite of announcements that establish a pathway out of restrictions the Government is also providing up to $940 million per fortnight to support businesses through the challenging period... More>>

ALSO:





 
 


Government: Responds To Independent Review Into WorkSafe

The Government has clear expectations that WorkSafe must action the recommendations of the independent review into the regulator to improve its management of adventure activities following the tragedy at Whakaari White Island, Workplace Relations and Safety Minister Michael Wood says... More>>

Government: New Zealand Secures Historic Free Trade Deal With The United Kingdom
New Zealand and the United Kingdom have agreed in principle the details of a historic Free Trade Agreement (FTA), which will further accelerate our COVID-19 economic recovery say Prime Minister Jacinda Ardern and Minister for Trade and Export Growth Damien O’Connor... More>>

ALSO:

Ombudsman: Launches Investigation Into MIQ Booking System
The Chief Ombudsman Peter Boshier is launching a broad investigation into the Managed Isolation and Quarantine (MIQ) booking system after receiving hundreds of complaints... More>>

ALSO:


Pay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>


Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels