Hello and welcome to the details of China’s Li highlights growing demand for New Zealand dairy and meat and now with the details
Nevin Al Sukari - Sana'a - China's Premier Li Qiang waves during a visit to the New Zealand Institute for Plant and Food Research at Mt Albert in Auckland June 14, 2024. — AFP pic
WELLINGTON, June 14 — There is a growing demand in China for high-quality dairy, beef and lamb products from New Zealand, Premier Li Qiang said today, the second day of his trip to the Pacific island nation.
Li’s trip to the region, which also includes a four-day stopover in Australia starting tomorrow, is aimed at strengthening trade and diplomatic ties with the two Pacific nations. China is the biggest trading partner of both nations.
Li visited the New Zealand Institute for Plant and Food Research in Auckland today, a government agency tasked with promoting the farming, food and beverage industries, before meetings and a dinner with business people, academics and diplomats.
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Li said more bilateral business opportunities would emerge in the areas of energy, information technology, biomedicine and other emerging industries, Chinese state media reported.
He reiterated that China would work with New Zealand to upgrade their comprehensive strategic partnership, and stressed the need for increased cooperation in services trade and cross-border e-commerce.
His comments came as Chinese firms formally applied for an anti-dumping probe into pork imports from the European Union, escalating tensions after the bloc imposed anti-subsidy duties on Chinese-made electric vehicles.
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Global food companies from dairy producers to pork exporters are on high alert for potential retaliatory tariffs from China.
New Zealand and China on Thursday signed bilateral agreements on trade and climate during Li’s trip, the highest level Chinese visit to New Zealand in seven years.
Booming trade
Li has promised that Beijing will further expand market access, create a market-oriented and internationalised business environment, and he encouraged entrepreneurs to seize opportunities, Chinese state media said.
Beijing sees itself as a key part of New Zealand Prime Minister Christopher Luxon’s plan to double exports over the next 10 years.
China is already New Zealand’s largest trading partner with bilateral trade totalling nearly NZ$38 billion (RM109 billion).
New Zealand remains keen to further boost trade ties with China but has also toughened its stance over the last year, accusing Beijing of hacking its parliament and noting what it characterises as a growing Chinese threat to Pacific security.
After his meeting with Li yesterday Luxon said that as well as discussing trade, he had also raised concerns about issues such as Chinese interference.
Li’s meeting with New Zealand opposition leader Chris Hipkins was cancelled today, due to Hipkins facing travel issues. — Reuters
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