PM pushes ahead with China strategy
Prime Minister John Key today said New Zealand was on track to double its bilateral trade with China to 2015 by 2015.
In a statement Mr Key said the goal was agreed when he visited Chinese Premier Wen Jiabao in 2010.
"We are on track to meet that goal. Bilateral trade in the year to last September was up 22 per cent on the year before, largely helped by the Free Trade Agreement that came into force in late 2008," Mr Key says.
Mr Key made the announcement at this morning’s launch of the NZ Inc China Strategy at The Cloud on Auckland's waterfront.
“It is the second centralised strategy to be launched following India last October. In addition to India and China, other strategies under development are the US, Australia, South East Asia, Middle East, and the European Union,” Mr Key said.
Further information of the strategy can be found here.
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Comments and questions10
More wiping out of the middle class by making it too expensive to manufacture in NZ and flooding our markets with cheap nasty junk products. Key should be in line for some hefty globalist banker buddy bonuses...
WOW
I own a manufacturing company. Where is the 'buy NZ'?? (as in 'buy Australian made'). We kiwis are so 'budget' & 'cheap' .... 'cheap is good'..... What a load of BS. The number of projects we have been involved in developing and commercialising here in NZ, only to see go the China the moment the volume starts to increase gives me no confidence in the current mind set here in NZ. There was never anything for NZ in the FTA with China...NZ is so insignificant we don't matter. NZ has what China needs (food products, dairy , meat) we did not need to sell our souls...Oh, I forgot Helen C needed some significant runs on the board; FTA China; ETS; Refugee/imigration from third world countries; Bingo..I'm #3 in the UN.
How cynical, but sadly true.
Great news,
Well done National Gov.
Don't stop at China Stephen Joyce, let's include India as well.
The Indian strategy was done and launched in October last year.
Keep up with the times or step aside.
Good news but let's also concentrate on diversifying our export base.We need to sell more than just primary produce.
NZ need to export its produce to pay for its beneficiaries, who can't just live on fresh air....get over it, you guys!
Bring back Rob Muldoon - he knew how to increase NZ's production of any agri products and also, knew how to keep the Asians in li
NZ is too late - we had a head start with the FTA, yet three years later the government is only just releasing a strategy on how to extract value from this. While Aussie does not have an FTA its export to China are growing faster than NZs.
Without some real resources and commitments then NZ can expect more investment from china of the sort we have seen to date. People buying distressed businesses - F&P, Wrightson, Crafar farms etc.
Surely we should be trying to attract quality investors into quality companies to make sure we extract maximum value long term.
My experience with the NZ government agencies and polliticians is they are of no help, in fact they get in the way and unfortunately politicans and civil servants are important in China.
NZ is a racist country - unlike Australians who will tell you to your face, New Zealanders hide behind nice words and platitudes.
That's why the Crafar farms stirred up so much Xenophobic reactions.
Notice how David Shearer (Labor's new hope) backed off when he found that it is a pakeha who bought the 1,000 hectares of land in Wairarapa?
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