Chinese investment in New Zealand reflects value of long-term partnership – report

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

AUCKLAND, Aug. 31 (Xinhua) — A new report released in New Zealand's largest city Auckland on Friday has highlighted the value of investment relations between China and New Zealand.

According to the report Investment Interests – An Update on the New Zealand-China Investment Relationship to 2025, China's cumulative FDI into New Zealand increased by 106 per cent between 2014 and 2024.

New Zealand's dairy sector is a good example of an established sector for Chinese investment. Recent additional investments by Chinese investors in New Zealand companies have demonstrated the value of long-term partnerships, the paper says.

According to the report, at least 60 New Zealand companies currently have a corporate presence in China.

The report was compiled by the New Zealand-China Council and the New Zealand Institute of Economic Research.

New Zealand-China Council chairman John McKinnon said increased bilateral investment could help build long-term partnerships that would expand trade and business between the two countries.

“New Zealand is entering a new period of investment and growth,” Mr McKinnon said. “As we do this, it makes sense to build on our long-standing bilateral relationship with China,” he added. –0–

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