New Zealand-China Relationships Are in Good Shape, Says Jacinda Ardern

New Zealand-China relations are in good shape, which will continue to bring ample opportunities for both countries and peoples, said New Zealand Prime Minister Jacinda Ardern on Monday’s China Business Summit in Auckland. Ms Ardern reiterated that the NZ-China bilateral relations have been stable and mature enough to continuously support two way trade, people to people exchange, cultural and political dialogues constructively, professionally and regularly between the two countries.

“Our comprehensive strategic partnership now in its sixth year continues to be the basis of our relationship, alongside our long standing history and the benefits it brings. The partnership continues to bring benefit for us, supported by a commitment of our ongoing one-China policy.”

When mentioning the two-way trade, which Ardern regarded as the bedrock of the New Zealand-China relations, the prime minister was pleased to see a strong export data of New Zealand quality products to China, despite some decrease caused by the COVID-19. Trade ties exceeded NZ$32 billion (FJ$ 45.2bn) last year. New Zealand meat exports to China increased 24 per cent in May and 16.8 per cent in April this year when compared with last year. New Zealand dairy export also increased 25 per cent in the first five months of 2020, when compared to the same period in 2019, according toMs Ardern. The World Trade Organisation-based global trade system and the rule-based multilateralism are shared by New Zealand and China, for which the two countries jointly send a signal to the world by efforts such as the completion of upgrading the New Zealand-China Free Trade Agreement, said Ms Ardern.