Chinese Premier Li Qiang’s whirlwind visit to New Zealand has set the stage for a new chapter in cross-Pacific cooperation 🌏. After a traditional Maori welcome ceremony in Wellington – complete with haka performances and ceremonial speeches – both nations rolled up their sleeves to sign trade deals worth billions. Talk about starting strong!
🔑 Why it matters: China is NZ’s #1 trading partner, with two-way trade hitting NZ$38 billion ($23.4B) last year. From kiwifruit exports 🥝 to adventure tourism 🪂, this partnership keeps getting juicier. New agreements on services trade and tech collaboration could make it easier than ever for NZ businesses to tap into China’s massive middle-class market.
💡 Cool detail: NZ’s iconic Zespri kiwifruit company already sells 26% of its global exports to China. With Beijing agreeing to streamline customs processes during Li’s visit, farmers are prepping for even smoother shipments! 🚚💨
🎯 What’s next: NZ will be the guest star at November’s China International Import Expo in Shanghai – prime time to showcase Manuka honey, wool fashions, and Lord of the Rings-style tourism. PM Christopher Luxon called the partnership 'a great privilege,' while analysts predict it’ll help NZ double its export value within a decade 📈.
Reference(s):
Beijing-Wellington ties set model of cooperation amid differences
cgtn.com