There is a growing demand in China for high-quality
dairy, beef and lamb products from New Zealand, Premier Li Qiang said on
Friday,14 June, 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 on Saturday, 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 on Friday, a government agency tasked with promoting the
farming, food and beverage industries, before meetings and a dinner with
business people, academics and diplomats.
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. 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.
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 ($23.27 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.